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HISTORIC DOWNTOWN HOT SPRINGS ABSOLUTE HOME AUCTION

Auction Description

ATTENTION: DOWNTOWN HOT SPRINGS HOME BUYERS & REAL ESTATE INVESTORS!

2,800+/- Sq. Ft., 5 Bedroom/ 2.5 Bathroom Historic House in Downtown Hot Springs Built in 1919 ~ Excellent Downtown Location 1 Block Northeast of the Grand Ave. & Central Ave. Intersection ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

REAL ESTATE DESCRIPTION: This 2,800+/- Sq. Ft., 5 Bedroom/ 2.5 Bathroom Historic House in Downtown Hot Springs, Built in 1919 & Located just 1 Block Northeast of the Grand Avenue & Central Avenue Intersection & 1+/- Mile North of Oaklawn Racing & Gaming Casino Resort, is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ This Well Maintained & Partially Updated 2-Story Home with 5 Bedrooms & 2.5 Bathrooms Features the Original Hardwood Floors & a Modern Recently Remodeled Kitchen ~ Master Bathroom is Equipped with a Steam Shower ~ New HVAC, Roof & Water Heater in the Last 5 Years ~ House is Vacant & Ready for a New Owner & Would Make an Excellent Income Producing Rental Property! ~ Main Level Consists of an Entry Foyer ~ Living Room ~ Dining Room ~ Master Suite with Private Bath & Walk-in Closet ~ Modern Remodeled Kitchen with Solid Surface Countertops & S/S Appliances ~ Laundry Room with 1/2 Bath ~ Upper Level Consists of 4 Bedrooms, 1 Full Bathroom ~ Sun Room/Hobby Room ~ Additional Staircase Leads to Floored Attic Space ~ Fenced Backyard w/Electronic Iron Security Gated Entrance Consists of Concrete Parking Area, 2-Bay Storage Building, Private Courtyard & Koi Pond ~ Front Covered Patio ~ Free Parking Along the Street ~ Hot Springs School District ~ Utilities are Electricity, City Water, City Sewer & Natural Gas ~ Offers Made Prior to Auction Day are Welcome & Encouraged!

 

INSPECTION: Property can be Viewed by Appointment ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection 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 2024: $439.34

 

SCHOOL DISTRICT: Hot Springs

 

TERMS: $25,000.00 Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Property Location

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