111 Shadow Ter, Hot Springs, AR 71901

This charming two-unit apartment building presents a fantastic value-add opportunity in the desirable Hot Springs, Arkansas market. Located at 111 Shadow Terrace, this property boasts a prime location nestled between the vibrant Historic Downtown Hot Springs and the exciting Oaklawn Racetrack and Gaming. The building, constructed in 1938, features a total of 2,050 square feet of net rentable space, spread across two units within a two-story structure. Sitting on a spacious 10,875 square foot lot (APN 37135), the property is zoned for residential use. The building has recently benefited from a new roof, significantly reducing immediate maintenance concerns. With a little TLC, this property offers substantial rental income potential. The asking price is $85,000, making it an attractive investment for those seeking a hands-on project with significant upside. This is a rare opportunity to acquire a well-situated duplex in a thriving Arkansas city. Investors will appreciate the strong potential for rental income and the convenience of a centrally located property. Don't miss this chance to capitalize on the growing Hot Springs real estate market.