About This Home

This 5-bedroom, 0-bathroom multi-family at 310 HAWTHORNE in Hot Springs, AR is listed for $579,000. Built in 1920, on a N/A lot.

Key Features

  • Built in 1920
  • 2 stories

Property Details

2 stories
1920
Listing Description

INVESTORS, TAKE NOTICE! TURNKEY INCOME, CONSISTENT OCCUPANCY & SERIOUS UPSIDE POTENTIAL! Looking for an investment that starts working for you from DAY ONE? Welcome to 310 Hawthorne Street, a five-unit income-producing property in the heart of Hot Springs!

Featuring four 1-bedroom units and one studio, with all utilities included, this property boasts approximately 90% annual occupancy and averages $975 per unit monthly, generating nearly $54,000 in annual gross rental income! What truly sets this investment apart?

The seller is willing to help set you up for success! Benefit from a hands-on transition, including introductions to established contacts, rental resources, and relationships involving VA and HUD housing programs that have helped keep these units consistently occupied.

You're not just buying real estate-you're stepping into an established rental operation with valuable connections already in place! Situated in a Commercial Improvement area, this property offers exciting possibilities for future growth and value enhancement, subject to applicable approvals.

Whether you're expanding your portfolio or purchasing your first multifamily investment, this is an opportunity to acquire five income-producing doors with established rental demand and the potential for a 10%+ return on investment! FIVE DOORS. ONE INVESTMENT. INCOME FROM DAY ONE. Opportunities like this deserve a serious look. Schedule your showing and explore the numbers for yourself!

Monthly Cost Estimate

$3,097/mo

20% down · 6.5% · 30 years

Principal$419
Interest$2,509
Insurance$169

Estimates only. Actual payments may vary.

Location

310 HAWTHORNE

Hot Springs, AR 71901

HSR

Property Details

Appliances

Gas RangeGas Range

Questions & Answers

This 5-bedroom, 0-bathroom multi-family at 310 HAWTHORNE is listed at $579,000. The estimated monthly payment is $3,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 2 stories.

This property is listed by Shaila Sharrock.

SS

Shaila Sharrock

Agent at Progressive Realtors

Listed by Progressive Realtors · Broker phone: (501) 622-8440 · View on Broker Site · Broker website

MLS# 157659· Source: Hot Springs Board of Realtors· 5 days on PropertySimple

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

310 HAWTHORNE, Hot Springs, AR 71901

Open this listing in: