$315,000
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2 Beds
2 Baths
1,065 SqFt
SOLD DATE : 05/28/2025
Key Details
Property Type Condo, Townhouse
Sub Type Condo/Townhse/Duplex/Apt
Listing Status Sold
Purchase Type For Sale
Square Footage 1,065 sqft
Price per Sqft $291
Subdivision Chesswood Hpr
MLS Listing ID 25010257
Style Traditional
Bedrooms 2
Full Baths 2
Condo Fees $300
HOA Fees $300
Year Built 1984
Annual Tax Amount $2,580
Property Sub-Type Condo/Townhse/Duplex/Apt
Property Description
This beautiful Lake Hamilton condo is a successful nightly rental, grossing over $30,000.00 of income last year. Unlike typical condo settings, this property is just a few flat steps to the lake's edge, offering immersive water views from the comfort of your living room. The open, single-level floor plan includes 2-bedrooms, 2-baths, and updates galore - including a master suite with a gorgeous tiled shower, stainless appliances in the kitchen, and tasteful furnishings throughout. A short-term-rental permit is currently in place, offering a turn-key investment opportunity with an established rental history. You'll also appreciate owning a lake-front home without the hassle of boat dock and/or exterior maintenance, allowing it to be managed remotely, if desired. Chesswood complex offers a gated entrance, a swimming/fishing dock, a private pool, and a grilling area. Great location, just minutes from beautiful downtown Hot Springs, Oaklawn Racing, shopping, and restaurants. Whether you're looking for a charming lake condo or an income-producing investment, this property offers abundant potential.
Location
State AR
County Garland
Area Lake Hamilton School District
Rooms
Other Rooms None
Dining Room Kitchen/Dining Combo
Kitchen Free-Standing Stove, Microwave, Electric Range, Dishwasher
Interior
Heating Central Cool-Electric, Central Heat-Electric
Flooring Carpet, Tile, Luxury Vinyl
Fireplaces Type Woodburning-Prefab., Other (see remarks)
Equipment Free-Standing Stove, Microwave, Electric Range, Dishwasher
Exterior
Exterior Feature Patio
Parking Features Parking Pads
Utilities Available Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
Amenities Available Swimming Pool(s), Mandatory Fee
Waterfront Description Dock - Swimming
Roof Type Other (see remarks)
Building
Lot Description Lake View, Lake Front, Waterfront
Story One Story
Foundation Slab
New Construction No
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