$199,000
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8,177 SqFt
SOLD DATE : 03/24/2023
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 8,177 sqft
Price per Sqft $24
Subdivision Malvern Special
MLS Listing ID 23003515
Style Traditional
Year Built 1944
Annual Tax Amount $893
Lot Size 1.870 Acres
Property Description
This is a very unique property. Years ago it was a Gas Station and a small road side motel. The gas station is currently not rented but would easily rent for $1000 a month. The apartments rent could be raised substantially. It has remained the same due to long term renters... There is close to 2 acres that more apartments or storage units could be built to generate more income. There are many things that this property could be. Call today and let me set you up to tour this Diamond in the rough.
Location
State AR
County Hot Spring
Area Malvern
Zoning commercial
Rooms
Kitchen Built-In Stove, Electric Range
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Concrete, Laminate
Equipment Built-In Stove, Electric Range
Exterior
Exterior Feature Brick, Brick & Frame Combo, Metal/Vinyl Siding
Garage Garage, One Car
Utilities Available Septic, Water-Public, Electric-Municipal, Gas-Propane/Butane
Roof Type Composition
Building
Lot Description Level
Foundation Slab
New Construction No
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Bought with Century 21 Parker & Scroggins Realty
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Broker | License ID: 2019046646