504 Grove Street Hot Springs AR 71901

Attention investors and rehab specialists! This spacious 3-bedroom, 1-bath home, built in 1932, offers approximately 1,928 sq ft of interior space and sits on nearly half an acre in the heart of Hot Springs. With strong bones and classic architecture, this property is a prime opportunity for a full renovation or redevelopment. Whether you're looking for your next flip, a long-term rental, or a value-add resale, this one checks all the boxes. The home is being sold as-is and will require substantial work — but with the right vision, it could be transformed into a beautiful residence or income-producing asset. Utilities are available, but there's currently no heating system in place. The large lot provides ample space for additional features such as parking, outdoor living, or even expansion. Conveniently located just minutes from downtown Hot Springs, shopping, dining, and local attractions, this property is positioned well for future appreciation. Priced below market to reflect condition — don’t miss this rare opportunity to bring a historic property back to life and unlock its full potential.