122 & 124 S Alto Street, Prescott, AZ 86303

$850,000
Property Type: Multi-Family Square Footage: 5,280 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $850,000 List Date: 6/12/2019 Last Modified: 6/05/2023

Overview

Description

Great investment property just moments from downtown. Private street with plenty of parking for tenants. Rare to have covered parking as well. 4 Plex and a 5 Plex to be sold together. They both have a combination of one- and two-bedroom options offering flexibility in tenant needs. 100% occupied with great historic occupancy and rents with professional management. Units are well cared for with several that have been upgraded and renovated. All showings are subject to a successfully accepted offer. Please don't solicit property.

Listing Details MLS# 1021972

ContractAddressLegal

Original List Price
915000
Listing Price
915000
Street #
122 & 124
Direction
S
Street Name
Alto
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
None
County
Yavapai
Tax Parcel
109-06-114G

General Property Description

Lot #
9
Aprx Acres
0.38
Total Liveable SqFt
5280
Source of Measuremnt
Other
Buildings
3
Stories
Yes
Year Built
1988
Management
Mgmt Company
HOA Y/N
No
Baths - Full
9
More than 5 Units
Yes

Tax Info

Taxes
2502.9
Tax Year
2018

Status Change Info

Under Contract Date
2019-07-24
Sold Date
2019-09-16
Sold Price/SqFt
161
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
173
Rent/Lease
No
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
MF-H
Assessor's Book #
109
Assessor's Map #
6
Assessor's Parcel #
114
Assessor Parcel Ltr
G
Legal
FLEURYS ADDITION BLK 14 LOT 9 AN IRREG PCL THE SE COR LIES 50'N O F THE NE COR OF HERITAGE HILL SUB SEC 33-14-2W

Remarks & Misc

Remarks
Great investment property just moments from downtown. Private street with plenty of parking for tenants. Rare to have covered parking as well. 4 Plex and a 5 Plex to be sold together. They both have a combination of one- and two-bedroom options offering flexibility in tenant needs. 100% occupied with great historic occupancy and rents with professional management. Units are well cared for with several that have been upgraded and renovated. All showings are subject to a successfully accepted offer. Please don't solicit property.

More Information

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes
Fourplex
Yes

Construction

Block
Yes
Frame - Wood
Yes
Stucco
Yes

Cooling

Ceiling Fan(s)
Yes

External Amenities

None
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Baseboard
Yes
Cove
Yes

Owner Pays

Gas/Propane
Yes

Possession

Other
Yes

Records Available

None
Yes

Road Frontage Type

City Street
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Utilities Installed

220
Yes
Cable TV
Yes
Electricity
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Electric
Yes

Unit 1 Info

Ceiling Fan(s)
Yes
Disposal
Yes
Fire/Smoke Detectors
Yes
Range/Oven
Yes
Refrigerator
Yes
Storage Room
Yes

Property Features

Building Type: 5+ Units; Fourplex Construction: Block; Frame - Wood; Stucco Cooling: Ceiling Fan(s) External Amenities: None Flooring: Laminate; Tile Heating: Baseboard; Cove Owner Pays: Gas/Propane Possession: Other Records Available: None Road Frontage Type: City Street Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Electric Unit 1 Info: Ceiling Fan(s); Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator; Storage Room
Listing Office: Klein Properties & Investment
Last Updated: June - 05 - 2023
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