Main home plus separate 2 bed/1bath unit in walk-out basement in Lake Hamilton's Long Island

$675,000
5
3
3,386
sq. ft.
$199
per sq ft
Heated sq ft: 3,386 sq ft
Avg Nightly Rate: $0
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : 68000
Annual Net Operating Income : 0
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Nature
New Construction: Inquire
Days on Vrolio: 81

Property Description

Are you seeking a profitable Airbnb with a luxe main home, a separate 1,040sqft finished basement, and nearby access to the marina? Look no further! Idyllically situated on Lake Hamilton’s Long Island, the two-unit property stuns with beautiful vernacular architecture, neatly manicured landscaping, and a stunning double door entry. Explore the 3BR/2.5BA, 2,326sqft main home to discover gleaming wood flooring, tons of natural light, soaring ceilings, crown moulding, an expansive living room, and an open concept kitchen featuring stainless-steel appliances, granite countertops, a breakfast bar, and an adjoining dining area. Entertain outdoors and bask in the sprawling covered deck! Relax and unwind in the primary bedroom with deep tray ceilings, tons of closet space, and an attached en suite boasting a soaking tub, a separate shower, and dual vanities. Functioning as a separate Airbnb unit, the completely finished 2BR/1BA, 1,040sqft basement features a fully equipped kitchen, a living area, a full bathroom, laundry room, and a dedicated entrance. Other features: attached garage, ample parking, close to shopping, HWY 7, marina (boat rentals), restaurants, mini-golf, go-carts, and entertainment, and much more! Get all the advantages of this profitable cash-flowing asset and grow your investment portfolio today.

Presented by:
Agent:
Tara Erwin
iRealty Arkansas
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Inquire
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
68000
Net Operating Income
0
Stories
1
Additional Indoor Rooms
Attached Garage for No car, Family Room, Finished basement, Master Suite Down
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Carpet, Real Hardwood
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Programmable thermostat
Year built
2008
Outdoor Features
Deck, Porch - Not screened, Other
View
Lake, Other
Backyard Exposure
North
Lot Size
0.32 acre
Community Features
Community Dock, Lake Access, Marina, Nature Trails/Walking Path, Restaurant(s), Stores
Tax Amount/Year
Inquire
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Community Dock, Lake Access, Marina, Nature Trails/Walking Path, Restaurant(s), Stores
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Driveway/Garage
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
Yes, Please see: https://www.cityhs.net/1265/Short-term-Rental-Information
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$6.50
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
Inquire
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: iRealty Arkansas, 501-590-5122

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