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CENTRAL AVENUE MULTI-UNIT VACATION RENTAL AUCTION

Auction Description

ATTENTION: OAKLAWN PARK ENTHUSIASTS, VACATION RENTAL BUYERS & INVESTORS!
3,100+/- SF, Brick Multi-Unit Vacation Rental Property ~ 5 Bedroom/ 3 Bath ~ Trivista Subdivision ~ Walking Distance to Oaklawn Racing Casino Resort ~ Main Level is Immaculate w/ 3BR/ 1BA ~ Lower Level Recently Converted to (2) Separate Furnished 1 Bedroom Apartments ~ Privacy Fenced 80x102 Ft. Lot ~ (2) 1-Car Garages ~ Selling On-site w/Live, Online Bidding Available!

REAL ESTATE DESCRIPTION: This Well-Maintained, Move-in Ready & Mostly Furnished 3,100+/- SF, 5 Bedroom/ 3 Bath Home is within Easy Walking Distance of Oaklawn Racing Casino Resort w/ 80+/- Ft. of Central Avenue Frontage & Zoned Commercial w/Poured Concrete Parking for (10) Cars ~ This Attractive, Red Brick Exterior Home, w/Cedar Trim & New Architectural Shingle Roof, Sits on an 80x102 Ft. Lot in the Desirable Trivista Subdivision ~ Main Level Consisting of 1,600+/- SF, Contains a Large Open Living Room/ Dining Room w/Beautiful Hardwood Flooring Throughout All Bedrooms & Living Areas ~ Spacious Kitchen w/Solid Oak Cabinets, Tile Floors & Built-in Appliances ~ 3 Bedrooms/ 1 Full Bath ~ Coat Closet ~ Linen Closet ~ 1-Car Attached Garage w/Extra Storage Room ~ Inviting, Back Covered Deck w/Ceiling Fans & Decorative Wrought Iron Railings ~ Stairway Leads up to Floored Attic Space ~ Lower Level (Accessed by a Side Gate Entrance) Consists of (2) Recently Added 1 Bedroom/ 1 Bath Nicely Furnished Apartments, Each Consisting of a Bedroom, Living Room, Dining Area, Kitchen & Bathroom w/Plenty of Closets ~ Lower Level Patio ~ Fenced, Professionally Landscaped Backyard ~ 1-Car Detached Brick Exterior Garage ~ Shared Laundry Room Accessed from Back Patio ~ This Home Would Make an Excellent VRBO Type Property, or the Main Level Could be a Primary Residence or Business Office w/Lower Level Used as Rentals ~ Hot Springs School District ~ City Water, Electricity, Natural Gas & City Sewer to the Property ~ Offers Prior to Auction are Welcome! ~ Offers Prior to Auction are Welcome!

INSPECTION: Contact Agent,
Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to View this Incredible Property Today! ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.

REAL ESTATE TAXES FOR YEAR 2019: $951.93

SCHOOL DISTRICT: Hot Springs

TERMS: $30,000.00 Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome & Encouraged!

Auction Location

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