331 N Mount Vernon Avenue, Prescott, AZ 86301

$650,000
Property Type: Multi-Family Square Footage: 2,776 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $650,000 List Date: 6/16/2022 Last Modified: 6/20/2023

Description

If you're looking for a short/long-term investment property or a multi-family unit then this is the one for you! Located in one of the most desirable neighborhoods in town, this historic home has everything you need. Property includes a main house and two units in back, each with individual kitchen/laundry. All with covered, private parking! Main house is 1276 sq. ft., 3bd/2bth; Unit A is a two-story, 800 sq. ft., 2bd/1.5 bth; Unit B is 700 sq. ft., 2bd/1.5 bth. All have been updated and refreshed. Home is primarily beautiful hardwood floors. All units have been long-term rentals with little to no vacancy. Seller is willing to do owner carry at 4.75%, 20% down, balloon pmt in 5 yrs.

More Information MLS# 1048475

Contract/Address/Legal

List Price/SqFt: 286 Rent/Lease: No REO/Short Sale: Not Applicable Zoning: MF-H Assessor's Book #: 114 Assessor's Map #: 2 Assessor's Parcel #: 27 Legal: LOT 8 BLOCK 4 MOELLER ADD BOOK 2 PAGE 15

General Property Description

Aprx Acres: 0.17 Lot #: 8 Lot Size: 7565 HOA Y/N: No Buildings: 3 Source of Measuremnt: County Assessor Stories: 2 Management: Owner More than 5 Units: No Total Liveable SqFt: 2776 Year Built: 1942 Baths - Full: 3

Tax Info

Taxes: 1506 Tax Year: 2021

Remarks & Misc

Directions: From Sheldon, turn north on Mt. Vernon Ave. Property on right. Remarks: If you're looking for a short/long-term investment property or a multi-family unit then this is the one for you! Located in one of the most desirable neighborhoods in town, this historic home has everything you need. Property includes a main house and two units in back, each with individual kitchen/laundry. All with covered, private parking! Main house is 1276 sq. ft., 3bd/2bth; Unit A is a two-story, 800 sq. ft., 2bd/1.5 bth; Unit B is 700 sq. ft., 2bd/1.5 bth. All have been updated and refreshed. Home is primarily beautiful hardwood floors. All units have been long-term rentals with little to no vacancy. Seller is willing to do owner carry at 4.75%, 20% down, balloon pmt in 5 yrs.

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 234 Financing: Owner Will Carry Under Contract Date: 2022-06-24 Sold Date: 2022-07-08 Sold Price: $650,000

Building Type

Other - See Remarks: 1 Residential+: 1

Construction

Stucco: 1

Cooling

Ceiling Fan(s): 1 Other: 1 See Remarks: 1

External Amenities

Fence: 1 Landscaped: 1 Patio/Deck/Balcony: 1 Separate Storage: 1

Flooring

Laminate: 1 Tile: 1 Wood: 1

Heating

Forced - Gas: 1

Owner Pays

All: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Roof

Asphalt Shingle: 1 Metal: 1

Terms & Conditions

Conventional: 1 Other - See Remarks: 1

Utilities Installed

Electricity: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1

Unit 1

# BR: 3 # BA: 2 SqFt: 1276

Unit 1 Parking

2 Car: 1

Unit 1 Info

Ceiling Fan(s): 1 Dishwasher: 1 Disposal: 1 Fireplace: 1 Laundry Room: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 2

Unit ID: Unit A # BR: 2 # BA: 1.5 SqFt: 800

Unit 2 Parking

1 Car: 1

Unit 2 Info

Ceiling Fan(s): 1 Dishwasher: 1 Disposal: 1 Range/Oven: 1 Refrigerator: 1

Unit 3

Unit ID: Unit B # BR: 2 # BA: 1.5 SqFt: 700

Unit 3 Parking

1 Car: 1

Unit 3 Info

Ceiling Fan(s): 1 Dishwasher: 1 Range/Oven: 1 Refrigerator: 1

ContractAddressLegal

Original List Price: 860000 Listing Date: 2022-06-07 Status: Closed Listing Price: 795000 Street #: 331 Direction: N Street Name: Mount Vernon St Suffix: Avenue City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Tax Parcel: 114-02-027

Property Features

Building Type: Other - See Remarks; Residential+ Construction: Stucco Cooling: Ceiling Fan(s); Other; See Remarks External Amenities: Fence; Landscaped; Patio/Deck/Balcony; Separate Storage Flooring: Laminate; Tile; Wood Heating: Forced - Gas Owner Pays: All Possession: At Recordation Records Available: Other - See Remarks Road Frontage Type: City Street Roof: Asphalt Shingle; Metal Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 2 Car Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator Unit 2 Parking: 1 Car Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Range/Oven; Refrigerator Unit 3 Parking: 1 Car Unit 3 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator
Listing Office: Realty One Group Mountain Desert
Last Updated: June - 20 - 2023
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