1409 Paar Drive, Prescott, AZ 86305
$1,075,000
Property Type:
Multi-Family
Square Footage:
2,627
Lot Size (sq. ft.):
56,192
Status:
Closed
Current Price:
$1,075,000
List Date:
4/15/2022
Last Modified:
6/20/2023
Description
Income Producer, all units leased. Take advantage of the additional parcel to Boost revenue! A Perfect property to implement the short term rental (Vacation Rental) strategy and/or add units to dramatically increase the revenue. Improvements to all 4 units made between 7/2021 - 12/2021. Please see details per seller in docs tab. Property Improvements - Per seller in docs tab Parcel 2: see attachment in docs tab. MULTIPLE OFFERS RECEIVED, ALL OFFERS REVIEWED & RESPONDED TO 5/7/22. ENTRY UPON CONTRACT ACCEPTANCE. Submit offers to: Michael@pacwestlending.com. CASH OFFERS: must provide proof of funds to close. FINANCED OFFERS: provide Loan approval & funds to close.
More Information MLS# 1046880
ContractAddressLegal
Original List Price: 1075000
Listing Date: 2022-04-14
Status: Closed
Listing Price: 1075000
Street #: 1409
Street Name: Paar
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Lincoln Park Tract
County: Yavapai
Tax Parcel: 111-09-072E
General Property Description
Lot #: 9
Lot Size: 32162
Aprx Acres: 1.29
Total Liveable SqFt: 2627
Source of Measuremnt: County Assessor
Buildings: 4
Stories: 1
Year Built: 1940
Management: Owner
Gross Vol/Yr $: 79500
HOA Y/N: No
Baths - Full: 4
More than 5 Units: No
Tax Info
Taxes: 1881
Tax Year: 2021
Status Change Info
Under Contract Date: 2022-05-02
Sold Date: 2022-06-15
Sold Price: $1,075,000
Sold Price/SqFt: 409
Financing: Conventional
Unit 1
Unit ID: 1409 1/2
# BR: 2
# BA: 1
SqFt: 776
Tenant Utilities: ALL
Rent $: 1875
Unit 2
Unit ID: A
# BR: 1
# BA: 1
SqFt: 578
Tenant Utilities: ALL
Rent $: 1450
Unit 3
Unit ID: B
# BR: 1
# BA: 1
SqFt: 554
Tenant Utilities: ALL
Rent $: 1550
Unit 4
Unit ID: C
# BR: 1
# BA: 1
SqFt: 916
Tenant Utilities: ALL
Rent $: 1750
Property Features
Building Type: Fourplex; Residential+
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Central Refriger
External Amenities: Fence; Laundry Facilities; Patio/Deck/Balcony; Other - See Remarks
Flooring: Carpet; Concrete; Vinyl; Wood
Heating: Forced - Gas; Gas Stove; Natural Gas; Propane; Wall Unit; Wood Stove
Owner Pays: Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas; Propane
Unit 1 Parking: Off Street
Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Fireplace; Laundry Room; Range/Oven; Refrigerator; Storage Room; W/D Connection
Unit 2 Parking: Off Street
Unit 2 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator; W/D Connection
Unit 3: Furniture
Unit 3 Parking: Off Street
Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Range/Oven; Refrigerator
Unit 4 Parking: Off Street
Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Legal description ›Listing Office: Delex Realty, LLC
Last Updated: June - 20 - 2023
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