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    OFF-MARKET
    Residential income homes

    1148 Pleasant St, Hot Springs, AR 71901

    1,376 SF Built 1920
    Property ID
    US05-0358128
    Property summary
    AI-generated overview

    This 1-unit, single-family rental property located at 1148 Pleasant St, Hot Springs, AR 71901, presents a compelling value-add investment opportunity. Built in 1920, this 1,376 square foot home sits on a 5,477 square foot lot and is zoned residential. The property features a recently installed roof and completely new plumbing (city-inspected and approved). Original details, including a 100+ year old fireplace and cabinetry, offer unique character and charm. The property's excellent visibility and location in Garland County, Arkansas, contribute to its strong rental potential. This is a chance to restore a historic home while capitalizing on the demand for rental properties in the Hot Springs area. The property's APN is 84611. The home's historical features, combined with the updated plumbing and roof, provide a solid foundation for a successful renovation project. This single-story building offers a unique opportunity to blend historical charm with modern amenities, creating a highly desirable rental property. The asking price is $75,000.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1920
    Total area 1,376 SF
    APN 84611
    UPID US05-0358128
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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