THIS IS IT! The perfect home for multiple uses; as a short term rental on Airbnb/VRBO, rent it out to long term tenants, or make it your next family home. Beautifully restored home with original hardwood flooring, stainless appliances, high ceilings, and endless charm. The main house (Unit A) has 4 bedrooms and 2.5 baths. Existing STR license for 3 bedrooms with 8 person occupancy. By adding a window in the fourth bedroom, this one would qualify for a 4 bedroom STR license. Projected rents of $57,000 for Unit A as a 4 bedroom STR. The basement apartment (Unit B) is a fully renovated, 1 bedroom, 1 bath with kitchen and appliances. Separate entrance. This unit would be incredible as another nightly rental, long-term rental, or in-law suite. Live upstairs and rent out the apartment. Projected STR rents for this unit are $23,000 a year. Renting both as two Airbnbs with a combined gross rent of $80,000…there’s not a better deal available on the market today! REMARKS
Closed
$265,000
246 Garland Ave, Hot Springs, AR 71901
5beds
2,966sqft
Single Family Residence
Built in 1920
9,583.2 Square Feet Lot
$291,500 Zestimate®
$89/sqft
$2,499 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 20, 2023 at 02:11pm
Listed by:
Dustin Turner 501-952-2969,
Exp Realty
Bought with:
Dustin Turner, AR
Exp Realty
Source: CARMLS,MLS#: 23013311
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining room
- Features: Separate Dining Room
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator
- Laundry: Laundry Room
Features
- Primary Bedroom/Main Lv
- Flooring: Wood, Tile
- Has fireplace: Yes
- Fireplace features: Woodburning-Site-Built
Interior area
- Total structure area: 2,966
- Total interior livable area: 2,966 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,583 sqft
- Dimensions: 107 x 89
- Features: Sloped
Details
- Parcel number: 40046800004000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab/Crawl Combination
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Hot Springs
- Subdivision: MURRAY & OBRIEN
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Road surface type: Paved