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LAKE HAMILTON ABSOLUTE HOME AUCTION

Auction Description

ATTENTION: HOT SPRINGS HOME BUYERS & REAL ESTATE INVESTORS!
1,275+/- SF, 2 Bedroom/ 1 Bath Brick & Vinyl Home w/ 16+/- Ft. of Lake Hamilton Frontage ~ Short-Term Rentals Allowed ~ Oversized, 2-Car Detached Garage ~ Live, Online Bidding Available ~
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION: This 1,275+/- SF Brick & Vinyl Exterior Home w/ 16+/- Ft. of Lake Hamilton Frontage is Conveniently Located Only 4 Miles from Oaklawn Racing Casino Resort ~ Home was Built in the ‘70s & has been Well-Maintained w/Several Recent Updates Including an Oversized, Detached 2-Car Garage, Tile Flooring Throughout Most of the House, Remodeled Kitchen & Bathroom ~ The Front Entry Door Under the Front Covered Porch Opens up into the Living Room & Gourmet Kitchen w/a Large Kitchen Island & Stained Concrete Countertops, Custom Cabinets, Tile Backsplash, S/S Appliances Including a GE Profile Fridge, Wall Oven, Gas Stovetop, Microwave & Fisher Paykel Double Drawer Dishwasher ~ A French Door in Kitchen Leads to the Large Back Deck Overlooking the Fenced Backyard ~ One End of the House Consists of 2 Bedrooms w/Original Hardwood Flooring & a Newly Remodeled Bathroom w/Tile Shower ~ Property is Zoned Multi-Use for a Small Business & the Other End of the Home is Currently Functioning as a 12x25 Ft. Professional Hair Salon & Laundry Room; it Easily Can be Converted into a Master Suite by Adding a Closet, Private Bath & Stackable Washer/Dryer to Make the Home 3 Bedrooms & 2 Baths ~ Central Heat & Air ~ All City Utilities Including Water, Sewer, Electricity & Natural Gas ~ REMEMBER, THIS HOME IS SELLING REGARDLESS OF PRICE ON AUCTION DAY!

AUCTIONEER’S NOTE: If you’re looking for a short or long-term rental with a little Lake Hamilton frontage and access, a place to run an in-home business, a vacation home, starter home, or retirement home only minutes from everything in Hot Springs, in a gated complex as a weekender, vacation property, or full-time residence, don’t miss this opportunity!


INSPECTION: Home can be Viewed by Appointment ~ Contact Agent,
Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to Schedule a Viewing! ~ 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: $1,081.85

SCHOOL DISTRICT: Hot Springs

TERMS: $15,000.00 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 are Welcome.

Auction Location

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