265 Glade St, Hot Springs, AR 71901

This 1935-built, single-family home in Hot Springs, AR (APN 35592), underwent a complete renovation in 2024. Boasting 1,288 square feet on a 5,683 square foot lot, this property offers a compelling investment opportunity. The property features a spacious open floor plan, new stainless steel appliances, energy-efficient windows and HVAC system, updated plumbing and electrical, and a fully fenced backyard with a large carport. Located near downtown Hot Springs and the National Forest, it benefits from proximity to walking and mountain biking trails. The property generates a strong NOI of $15,840, resulting in a 7.94% cap rate. The asking price is $199,500, translating to $154.89 per square foot. The permitted zoning is residential. This turnkey investment is ideal for a passive income stream. Please schedule a showing to explore this exceptional opportunity. Do not disturb tenants.