312 Bridge Street, Prescott, AZ 86303
$1,520,000
Property Type:
Multi-Family
Square Footage:
7,040
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$1,520,000
List Date:
2/28/2022
Last Modified:
12/09/2024
Description
312 and 314 Bridge St. to be sold together. Shared driveways and parking and shared coin operated laundry facility. Unique Prescott 8plex. This property has been professionally managed and excellently maintained for decades. Current rental rates below market and this property still has incredible/steady cash flow. 312 has AC and 314 will have new AC units installed in March 2022. Great location a block or so from Downtown Prescott. Ample parking for each building and covered parking on lower level for 312. Each unit has 1 full bath and a ''vanity'' space. Incredible opportunity to own a large money making property in Prescott
More Information MLS# 1045564
ContractAddressLegal
Original List Price: 1690000
Listing Date: 2022-02-26
Status: Closed
Listing Price: 1690000
Street #: 312
Street Name: Bridge
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: Murphys
County: Yavapai
Tax Parcel: 109-08-087A
General Property Description
Lot #: 1
Lot Size: 9559
Aprx Acres: 0.22
Total Liveable SqFt: 7040
Source of Measuremnt: County Assessor
Buildings: 2
Stories: 2
Year Built: 1979
Management: Mgmt Company
Gross Vol/Yr $: 70099
Vac Rate %: 5
HOA Y/N: No
Baths - Full: 8
More than 5 Units: Yes
Tax Info
Taxes: 1794
Tax Year: 2021
Status Change Info
Under Contract Date: 2022-03-02
Sold Date: 2022-04-20
Sold Price: $1,520,000
Sold Price/SqFt: 216
Financing: Cash
Unit 1
Unit ID: 1
# BR: 2
# BA: 1
SqFt: 880
Rent $: 755
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 880
Rent $: 850
Unit 3
Unit ID: 3
# BR: 2
# BA: 1
SqFt: 880
Rent $: 755
Unit 4
Unit ID: 4
# BR: 2
# BA: 1
SqFt: 880
Rent $: 850
Unit 5
Unit ID: 5
# BR: 2
# BA: 1
SqFt: 880
Rent $: 730
Property Features
Building Type: 5+ Units
Construction: Frame - Steel
Cooling: Ceiling Fan(s); Central Refriger; Other; See Remarks
External Amenities: Laundry Facilities; Patio/Deck/Balcony; Separate Storage; Other - See Remarks
Flooring: Carpet; Vinyl
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 1 Car; Off Street; Other - See Remarks
Unit 1 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Unit 2 Parking: 1 Car; Off Street; Other - See Remarks
Unit 2 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Unit 3 Parking: 1 Car; Off Street; Other - See Remarks
Unit 3 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Unit 4 Parking: 1 Car; Off Street; Other - See Remarks
Unit 4 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Unit 5 Parking: 1 Car; Off Street; Other - See Remarks
Unit 5 Info: Dishwasher; Fire/Smoke Detector; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Listing Office: Southwest Property Sales Lsing
Last Updated: December - 09 - 2024
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