105 S Alarcon Street, Prescott, AZ 86303
$1,618,000
Property Type:
Multi-Family
Square Footage:
7,274
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$1,618,000
List Date:
9/03/2020
Last Modified:
12/18/2020
Description
The Gage Murphy Mansion is a crown jewel from the early days of Prescott. Originally constructed in 1895 as the family home of business tycoon E.B. Gage, this restored monument of local history has been just steps away from the heart of Prescott for 125 years --it has seen it all! The Mansion currently operates as a fully functional luxury apartment building, with four furnished short-term units, five long term units and one private guest quarter with ensuite bath. Tenants enjoy use of common spaces including the historic front porch, formal front lobby, shaded rear patio and on-site laundry. Each apartment has one designated off-street parking space. This is an opportunity to invest in a polished gem that embodies the priceless charm of downtown Prescott.
More Information MLS# 1032506
ContractAddressLegal
Original List Price: 1650000
Listing Date: 2020-09-03
Status: Closed
Listing Price: 1650000
Street #: 105
Direction: S
Street Name: Alarcon
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-01-052
General Property Description
Lot #: A
Lot Size: 8332
Aprx Acres: 0.19
Total Liveable SqFt: 7274
Source of Measuremnt: County Assessor
Stories: 4
Year Built: 1895
Management: Mgmt Company
Gross Vol/Yr $: 129960
NOI $: 109085.52
Vac Rate %: 10
Cap %: 6
Baths - Full: 9
Tax Info
Taxes: 3039
Tax Year: 2019
Status Change Info
Under Contract Date: 2020-09-18
Sold Date: 2020-12-17
Sold Price: $1,618,000
Sold Price/SqFt: 222
Financing: Conventional
Property Features
Building Type: 5+ Units
Construction: Block; Frame - Wood; Stone
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip
Flooring: Concrete; Tile; Vinyl; Wood
Heating: Radiant
Owner Pays: All
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Asphalt Shingle
Utilities Installed: 220; Cable TV; Electricity; Master Meter; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Central Boiler; Natural Gas
Listing Office: Realty ONE Group Mt Desert
Last Updated: December - 18 - 2020
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