705 & 707 S Montezuma Street, Prescott, AZ 86303

$1,000,000
Property Type: Multi-Family Square Footage: 7,320 Lot Size (sq. ft.): 15,682 Status: Closed
Current Price: $1,000,000 List Date: 1/30/2018 Last Modified: 6/20/2023

Overview

Description

What an incredible opportunity to own these beautiful and well maintained duplexes. All 8 units (4 buildings) are being sold together as one package and are exactly the same. The rents displayed are for 705 units only. Similar rents for 707 as well. Rents are historic and have not had adjustments. All units and buildings have been extremely well cared for. New roof, paint and upgrades throughout. These are truly low maintenance properties. All properties also come with their own washer/dryer, fire detectors, ovens, spacious large floor-plan and beautiful views. Rare find to be so close to town with privacy. Please do not disturb tenants. Absolutely no soliciting the property. Showings and inspections upon a fully executed offer only.

Listing Details MLS# 1009282

ContractAddressLegal

Original List Price
1050000
Listing Price
1050000
Street #
705 & 707
Direction
S
Street Name
Montezuma
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
None
County
Yavapai
Tax Parcel
109-15-012D, 109-15-012C

General Property Description

Lot #
1 & 2
Aprx Acres
0.36
Total Liveable SqFt
7320
Source of Measuremnt
Owner
Buildings
4
Stories
2
Year Built
1995
Management
Owner
HOA Y/N
No
Baths - Full
8
More than 5 Units
Yes

Tax Info

Taxes
3266
Tax Year
2017

Status Change Info

Under Contract Date
2018-02-01
Sold Date
2018-03-28
Sold Price/SqFt
137
Financing
Cash

Unit 1

Unit ID
705A
# BR
2
# BA
Yes
SqFt
915
Rent $
850

Unit 2

Unit ID
705B
# BR
2
# BA
Yes
SqFt
915
Rent $
850

More Information

Unit 3

Unit ID
705C
# BR
2
# BA
Yes
SqFt
915
Rent $
850

Unit 4

Unit ID
705D
# BR
2
# BA
Yes
SqFt
915
Rent $
850

Contract/Address/Legal

List Price/SqFt
143
Rent/Lease
No
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
MF-M (PAD)
Assessor's Book #
109
Assessor's Map #
15
Assessor's Parcel #
12
Legal
Combined legal description provided in escrow

Remarks & Misc

Directions
South Montezuma, left up the hill at curve (White Spar)
Remarks
What an incredible opportunity to own these beautiful and well maintained duplexes. All 8 units (4 buildings) are being sold together as one package and are exactly the same. The rents displayed are for 705 units only. Similar rents for 707 as well. Rents are historic and have not had adjustments. All units and buildings have been extremely well cared for. New roof, paint and upgrades throughout. These are truly low maintenance properties. All properties also come with their own washer/dryer, fire detectors, ovens, spacious large floor-plan and beautiful views. Rare find to be so close to town with privacy. Please do not disturb tenants. Absolutely no soliciting the property. Showings and inspections upon a fully executed offer only.

Office/Member Info

Listing Exclusions
No

Building Type

Duplex
Yes
Other - See Remarks
Yes

Construction

Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Room Refrigeration
Yes
Other
Yes
See Remarks
Yes

External Amenities

Patio/Deck/Balcony
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Hot Water
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

Possession

At Recordation
Yes

Records Available

None
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Utilities Installed

220
Yes
Cable TV
Yes
Electricity
Yes
Individual Meter
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Natural Gas
Yes

Unit 1 Parking

1 Car
Yes
Off Street
Yes

Unit 1 Info

Ceiling Fan(s)
Yes
Dishwasher
Yes
Disposal
Yes
Porch/Patio
Yes
Refrigerator
Yes
Other - See Remarks
Yes

Unit 2 Parking

1 Car
Yes
Off Street
Yes

Unit 2 Info

Ceiling Fan(s)
Yes
Dishwasher
Yes
Disposal
Yes
Porch/Patio
Yes
Refrigerator
Yes
Other - See Remarks
Yes

Unit 3 Parking

1 Car
Yes
Off Street
Yes

Unit 3 Info

Ceiling Fan(s)
Yes
Dishwasher
Yes
Disposal
Yes
Porch/Patio
Yes
Refrigerator
Yes
Other - See Remarks
Yes

Unit 4 Parking

1 Car
Yes
Off Street
Yes

Unit 4 Info

Ceiling Fan(s)
Yes
Dishwasher
Yes
Disposal
Yes
Porch/Patio
Yes
Refrigerator
Yes
Other - See Remarks
Yes

Property Features

Building Type: Duplex; Other - See Remarks Construction: Frame - Wood Cooling: Ceiling Fan(s); Room Refrigeration; Other; See Remarks External Amenities: Patio/Deck/Balcony Flooring: Carpet; Vinyl Heating: Hot Water 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: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Off Street Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Porch/Patio; Refrigerator; Other - See Remarks Unit 2 Parking: 1 Car; Off Street Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Porch/Patio; Refrigerator; Other - See Remarks Unit 3 Parking: 1 Car; Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Porch/Patio; Refrigerator; Other - See Remarks Unit 4 Parking: 1 Car; Off Street Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Porch/Patio; Refrigerator; Other - See Remarks
Listing Office: Klein Properties & Investment
Last Updated: June - 20 - 2023
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.