415 S Marina Street, Prescott, AZ 86303
$1,485,000
Property Type:
Multi-Family
Square Footage:
8,556
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$1,485,000
List Date:
4/17/2018
Last Modified:
10/10/2018
Description
Well maintained 10 unit complex near downtown. These two bedroom, 1.5 bath units have easy living floorplan. Open living downstairs feels spacious with living, dining, kitchen and .5 bath which flows to outside fenced small patio/yard and storage. Upstairs has two nice size bedrooms and full bath. These units are easy to lease. Would make nice short term rentals. Property was platted as condos and county says they could be replatted.These units have still have some upside to rents. Can't find these often.
More Information MLS# 1011240
ContractAddressLegal
Original List Price: 1485000
Listing Date: 2018-04-02
Status: Closed
Listing Price: 1485000
Street #: 415
Direction: S
Street Name: Marina
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-04-083N
General Property Description
Lot #: 8
Lot Size: 14810
Aprx Acres: 0.34
Total Liveable SqFt: 8556
Source of Measuremnt: Owner
Buildings: 2
Stories: 2
Year Built: 1982
Management: Owner
Gross Vol/Yr $: 116551
NOI $: 92700
Vac Rate %: 3
Cap %: 6.24
HOA Y/N: No
Baths - Full: 10
More than 5 Units: Yes
Tax Info
Taxes: 4021
Tax Year: 2017
Status Change Info
Under Contract Date: 2018-04-20
Sold Date: 2018-05-18
Sold Price: $1,485,000
Sold Price/SqFt: 174
Financing: Cash
Unit 1
Unit ID: 1
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 1025
Unit 2
Unit ID: 2
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 922
Unit 3
Unit ID: 3
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 845
Unit 4
Unit ID: 4
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 972
Unit 5
Unit ID: 5
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 855
Property Features
Building Type: 5+ Units
Construction: Stucco
Cooling: Central Refriger
External Amenities: Fence; Landscaped; Laundry Facilities
Flooring: Carpet; Laminate
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Utilities Installed: Cable TV; Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 1 Car; Off Street
Unit 1 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 2 Parking: 1 Car; Off Street
Unit 2 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 3 Parking: 1 Car; Off Street
Unit 3 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 4 Parking: 1 Car; Off Street
Unit 4 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 5 Parking: 1 Car; Off Street
Unit 5 Info: Disposal; Fire/Smoke Detector; Microwave; Porch/Patio; Range/Oven; Storage Room
Listing Office: Invest Southwest
Last Updated: October - 10 - 2018
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.