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$469,500   Price Analysis
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500 Burchwood Bay Rd
Hot Springs, AR 71913
Unknown bed None bath 2,468 SqFt ($190/SqFt)
0.36 acre lot. Built 1960
Listed 2024-04-09
Ⓧ USDA Ineligible
due to location

near Hot Springs

Prime Location with Four Updated Units!

Discover the perfect investment opportunity with these meticulously renovated units located across from Sam's Pizza. Each unit boasts modern upgrades, making them ideal for short or long-term rentals. ?? 500A: Completely Updted 1 Bed, 1 Bath ?? 500B: Fully Renovated Efficiency Unit ?? 510A: Updated 2 Bed, 1 Bath ?? 510B: Fully Modernized Efficiency Unit.

Experience the convenience of turnkey living with all furnishings included at the listing price. From HVAC systems to flooring and cabinets, every detail has been carefully curated for your comfort. Don't miss out on this exceptional opportunity. Call now to schedule a private showing and secure your investment in this thriving location.


Presented by Scott Vise at
RAINBOW REALTY.
Listing Agent Photo

Property MLS #24011932 from Carmls

Furnished
Ceilings: Sheet Rock
Flooring: Partial Carpet, Tile, Vinyl

Built-In Stove
Refrigerator-Stays

Basement Features: Partially Finished

Central Cool-Electric

Lot Description: Corner Lot, Lake View
Lot Size Acres: 0.36
Lot Size Square Feet: 15682

Roads: Paved

Number of Units: 4

Picnic Area

Tenant Pays: Gas, Electric, Cable

Annual Tax Amount: 1518
Source Listing Status: Active
County: Garland
Directions: 7 SOUTH IN HOT SPRINGS TO RIGHT ON BURCHWOOD BAY TO PROPERTY ON THE RIGHT
Tax Year: 2022
Source Property Type: Multi-Family
Area: HOT SPRINGS SCHOOL DISTRICT
Source Neighborhood: Lackeys Lake Front #2
Subdivision: Lackeys Lake Front #2
Zoning: YES
Property Subtype: PKG Single Family
Source System Name: C2C

Price Changed 2024-04-11
$469,500
Carmls
Listed 2024-04-09
$459,000
Carmls
Price Changed 2024-04-09
$469,500
HotSprings
Listing removed 2023-10-11
$459,000
Carmls
Relisted 2023-03-31
$459,000
HotSprings
Listing removed 2023-03-10
$0
HotSprings
Relisted 2023-01-18
$459,000
HotSprings
Listing removed 2023-01-13
$0
HotSprings
Listing removed 2023-01-07
$0
HotSprings
Listed 2023-01-07
$459,000
HotSprings

Operating Expense Includes: Taxes, Insurance, Water/Sewer

Total Square Feet Living: 2468
Year Built: 1960
Building Exterior Type: Brick, Frame, Metal/Vinyl Siding
Foundation Details: Slab/Crawl Combination
Property Age: 64
Roof: Composition
Levels or Stories: One Story
House Style: Traditional
Walls: Sheet Rock

Sewer-Public
Water-Public
Electric-Municipal
Gas-Natural
TV-Cable
Telephone-Private
Water Source: Water-Public

First Lutheran Christian School is a private elementary school located approximately 1.3 miles away.
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Hot Springs High School is a public high school located approximately 2.4 miles away.
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Gardner Magnet School is a public elementary school located approximately 2.8 miles away.
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Hot Springs Middle School is a public middle school located approximately 2.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.