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118 Garland Ave

Hot Springs AR 71913

2021 sq. ft.
0.16 ac.
Duplex
Currently for sale - view listing

Overview

Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property’s layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.

Features

2021 sq. ft. floor area
0.16 ac. lot size
Duplex

Property history for 118 Garland Ave

2023
Sold
$110,000
22 Feb 2023 by Bobbie Schroeder
2021
Sold
$101,000
25 Feb 2021 by Bobbie Schroeder, of CBRPM Hot Springs
2017
Sold
$85,000
21 Aug 2017 by Bobbie Schroeder, of CBRPM Hot Springs

Happy sellers in Hot Springs

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We have insufficient information to provide an overview of customer satisfaction for Hot Springs. Viewing the agent profiles, reviews and sales for Hot Springs can provide insights for this location.

Local market activity for duplexes in Hot Springs

In the last 12 months, 5 duplexes similar to 118 Garland Ave, have been sold.

This represents a 17% increase in duplexes sales when compared to the previous 12 months.

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