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
Contract/Address/Legal
List Price/SqFt: 409
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: SF9
Assessor's Book #: 111
Assessor's Map #: 9
Assessor's Parcel #: 72
Assessor Parcel Ltr: E
Legal: LINCOLN PARK TRACT PER MAP 3/8 TWO DISCONTIGUOUS PARCELS BEING LO T 9 BLOCK 7 IN LINCOLN PARK AND ALSO BEING A PORTION OF SECTION 3 2, THE NE PARCEL CORNER BEING THE NORTHERN-MOST CORNER OF LOT 9 A KA PARCEL 072C AND 072D PER LS 2014-0033628 CONTAIN 1.29
General Property Description
Aprx Acres: 1.29
Lot #: 9
Lot Size: 32162
HOA Y/N: No
HOA Dues $: 0
Buildings: 4
Source of Measuremnt: County Assessor
Stories: 1
Management: Owner
Gross Vol/Yr $: 79500
Vac Rate %: 0
More than 5 Units: No
Total Liveable SqFt: 2627
Year Built: 1940
Baths - Full: 4
Tax Info
Taxes: 1881
Tax Year: 2021
Remarks & Misc
Directions: From Downtown Prescott:
Head west on E Gurley St toward N Cortez St
1.3 mi
Turn right onto Gail Gardner Way
0.4 mi
Turn left onto Paar Dr
Destination will be on the left
427 ft
1409 Paar Dr
Prescott, AZ 86305
Remarks: 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.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 409
Financing: Conventional
Under Contract Date: 2022-05-02
Sold Date: 2022-06-15
Sold Price: $1,075,000
Building Type
Fourplex: 1
Residential+: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Refriger: 1
External Amenities
Fence: 1
Laundry Facilities: 1
Patio/Deck/Balcony: 1
Other - See Remarks: 1
Flooring
Carpet: 1
Concrete: 1
Vinyl: 1
Wood: 1
Heating
Forced - Gas: 1
Gas Stove: 1
Natural Gas: 1
Propane: 1
Wall Unit: 1
Wood Stove: 1
Owner Pays
Sewer: 1
Water: 1
Possession
At Recordation: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Terms & Conditions
Conventional: 1
Utilities Installed
220: 1
Cable TV: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Propane: 1
Unit 1
Unit ID: 1409 1/2
# BR: 2
# BA: 1
SqFt: 776
Tenant Utilities: ALL
Rent $: 1875
Unit 1 Parking
Off Street: 1
Unit 1 Info
Ceiling Fan(s): 1
Fire/Smoke Detectors: 1
Fireplace: 1
Laundry Room: 1
Range/Oven: 1
Refrigerator: 1
Storage Room: 1
W/D Connection: 1
Unit 2
Unit ID: A
# BR: 1
# BA: 1
SqFt: 578
Tenant Utilities: ALL
Rent $: 1450
Unit 2 Parking
Off Street: 1
Unit 2 Info
Ceiling Fan(s): 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Unit 3
Unit ID: B
# BR: 1
# BA: 1
SqFt: 554
Furniture: 1
Tenant Utilities: ALL
Rent $: 1550
Unit 3 Parking
Off Street: 1
Unit 3 Info
Ceiling Fan(s): 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Unit 4
Unit ID: C
# BR: 1
# BA: 1
SqFt: 916
Tenant Utilities: ALL
Rent $: 1750
Unit 4 Parking
Off Street: 1
Unit 4 Info
Ceiling Fan(s): 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
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
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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