532 & 532 1/2 Summer Street

Investment opportunity in Hot Springs' city center. This property includes a 2/1 main house plus a 1/1 garage apartment; combined rental income has been $1,200 a month (with room to grow!). The main house has been freshly painted and is ready for its new occupant. At 1,048 sq ft, a living room, eat-in kitchen, 2 bedrooms, 1 bathroom, attached laundry, and cute front and back porches make up the main house which previously rented for $700 a month. The 551 sq ft garage apartment is a 1 bedroom, 1 bathroom with a living/kitchen area and its own laundry; the apartment is currently rented for $500 a month. The garage apartment tenant has expressed interest in staying; lease ends in December. Central Heat and Air in the main house (2018); Garage Apartment has gas wall heat and window unit AC (2024). Schedule your showing for the main house, and the garage apartment may be viewed with an accepted contract.