5703 Central Avenue, Hot Springs, AR 71913
Local realty services provided by:ERA Doty Real Estate
Listed by: greg calaway, lance penfield
Office: baxley-penfield-moudy realtors
MLS#:26020486
Source:AR_CARMLS
Price summary
- Price:$994,400
- Price per sq. ft.:$71.82
About this home
First 18 pictures are rendering's of how it could look. "Great investment opportunity, with 19 units in prized Lakeside School District and a quarter miles access to Lake Hamilton. Renovate the units or use our architectural blue prints to increase unit sq ft and overall value. Total units 19: total built out units 18 with 8 units via 4 duplexes in the back of the property and 10 finished units and 1 unfinished unit in the front building. Recently converted to condos giving investor opportunity to sell for higher LTV down the road. Renovate then lease all yearly or even all Airbnb (no permit req'd as located in Garland County, outside of city of Hot Springs limits) and/or sell all units. The investor would own the entire condo association and all units in it." If renovated into the plans, the investor would have: 8 3 bed/2.5 baths, 8 2 bed/2 baths, and 3 1 bed/1.5 baths. We envisioned having the main building be accessible on Central with a slider gate at the front and fencing around, then adding either carports or garages (11) parallel to the 11 unit main building. Then in for the back 8 units, have another gate entering from Long Beach with 8 covered parking or garages....
Contact an agent
Home facts
- Listing ID #:26020486
- Added:1 day(s) ago
- Updated:May 22, 2026 at 02:48 AM
Rooms and interior
- Living area:13,846 sq. ft.
Heating and cooling
- Cooling:Central Cool-Electric
- Heating:Central Heat-Electric
Structure and exterior
- Roof:Metal
- Building area:13,846 sq. ft.
- Lot area:0.59 Acres
- Lot Features:Level
- Construction Materials:Metal/Vinyl Siding
- Foundation Description:Slab
- Levels:1 Story
Schools
- Elementary school:Lakeside
Utilities
- Water:Water-Public
- Sewer:Sewer-Public
Finances and disclosures
- Price:$994,400
- Price per sq. ft.:$71.82
- Tax amount:$66,284
New listings near 5703 Central Avenue
- New
$389,900Active3 beds 3 baths2,210 sq. ft.280 Eagle Rock Circle, Hot Springs, AR 71913
MLS# 26020638Listed by: LPT REALTY - New
$799,000Active3 beds 2 baths1,767 sq. ft.1445 Marion Anderson Road, Hot Springs, AR 71913
MLS# 26020598Listed by: CRYE-LEIKE REALTORS - New
$899,000Active5 Acres240 Pennington Road, Hot Springs, AR 71913
MLS# 26020619Listed by: RACKLEY REALTY - New
$285,000Active1 beds 1 baths578 sq. ft.270 Lake Hamilton Drive, Hot Springs, AR 71913
MLS# 26020621Listed by: MCGRAW REALTORS - HS - New
$520,000Active3 beds 2 baths1,568 sq. ft.1216 Peaceful Valley Road, Hot Springs, AR 71901
MLS# 155615Listed by: MCGRAW REALTORS - New
$285,000Active1 beds 1 baths578 sq. ft.270 Lake Hamilton Drive #C5, Hot Springs, AR 71913
MLS# 155616Listed by: MCGRAW REALTORS - New
$1,375,000Active5 beds 5 baths3,863 sq. ft.219 Daffodil Street, Lake Hamilton, AR 71913
MLS# 26019794Listed by: KELLER WILLIAMS REALTY THE BERGERON GROUP - New
$259,000Active3 beds 2 baths2,213 sq. ft.301 Summer Street, Hot Springs, AR 71913
MLS# 26020532Listed by: TRADEMARK REAL ESTATE, INC. - New
$269,000Active2 beds 2 baths1,378 sq. ft.102 Sea Ray Circle #4A, Hot Springs, AR 71901
MLS# 155608Listed by: HOT SPRINGS REALTY - New
$499,900Active3 beds 2 baths1,961 sq. ft.168A Krause Lane #A, Hot Springs, AR 71913
MLS# 155610Listed by: TRADEMARK REAL ESTATE, INC.