810 Eastwood Drive, Prescott, AZ 86303

$1,920,000
Property Type: Multi-Family Square Footage: 7,832 Lot Size (sq. ft.): 121,532 Status: Closed
Current Price: $1,920,000 List Date: 11/02/2020 Last Modified: 6/20/2023

Overview

Description

AMAZING opportunity to own investment property in Prescott! One of a kind 12-Plex with amazing mountain views! Varity in unit types includes studio, 1, 2, and 3 bedroom options making property perfect for any renter. 100% occupancy! Many units with stately beamed ceiling, rocked fireplaces, and large sliding glass doors to enjoy the views! Great location with city & mountain views including Thumb Butte and Granite Mountain. Conveniently located close to downtown Prescott for ease of shopping and entertainment. Plenty of parking for tenants and their guest. Shared coin laundry room for additional income potential annually. EVEN MORE investment opportunity as property is zoned MF-M allowing additional units and further income potential! Come view this property before it's gone!

Listing Details MLS# 1034038

ContractAddressLegal

Original List Price
1995000
Listing Price
1965000
Street #
810
Street Name
Eastwood
St Suffix
Drive
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
None
County
Yavapai
Tax Parcel
110-06-007E

General Property Description

Aprx Acres
2.79
Total Liveable SqFt
7832
Source of Measuremnt
County Assessor
Stories
2
Year Built
1967
Management
Owner
Gross Vol/Yr $
12928
NOI $
132924
Cap %
6.7
GRM
15
HOA Y/N
No
Baths - Full
12
More than 5 Units
Yes
Lot #
No
Vac Rate %
0
CAM $
0

Tax Info

Taxes
3826
Tax Year
2020

Status Change Info

Under Contract Date
2021-02-26
Sold Date
2021-03-26
Sold Price/SqFt
245
Financing
Cash

Unit 1

Unit ID
Yes
# BA
Yes
SqFt
450
Tenant Utilities
110
Rent $
800

Unit 2

Unit ID
2
# BA
Yes
SqFt
450
Tenant Utilities
100
Rent $
750

More Information

Unit 3

Unit ID
3
# BA
Yes
SqFt
450
Tenant Utilities
115
Rent $
725

Unit 4

Unit ID
4
# BA
Yes
SqFt
450
Tenant Utilities
110
Rent $
760

Unit 5

Unit ID
5
# BR
Yes
# BA
Yes
SqFt
600
Tenant Utilities
130
Rent $
895

Contract/Address/Legal

List Price/SqFt
251
Rent/Lease
No
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
MF-M
Assessor's Book #
110
Assessor's Map #
6
Assessor's Parcel #
7
Assessor Parcel Ltr
E
Legal
IRREG PCL BY M&B LYNG S OF EVERGREEN HILLS #2 & BEING A PTN OF THE W1/2 SE1/4 CONT APPROX 2.79AC SEC 3 13 2W 597/794

Remarks & Misc

Directions
From Gurley St, S on Penn Ave which becomes Hillcrest Dr, veer right at fork onto Eastwood Dr. At sign follow up hill to apartments. DO NOT DISTURB TENANTS.
Remarks
AMAZING opportunity to own investment property in Prescott! One of a kind 12-Plex with amazing mountain views! Varity in unit types includes studio, 1, 2, and 3 bedroom options making property perfect for any renter. 100% occupancy! Many units with stately beamed ceiling, rocked fireplaces, and large sliding glass doors to enjoy the views! Great location with city & mountain views including Thumb Butte and Granite Mountain. Conveniently located close to downtown Prescott for ease of shopping and entertainment. Plenty of parking for tenants and their guest. Shared coin laundry room for additional income potential annually. EVEN MORE investment opportunity as property is zoned MF-M allowing additional units and further income potential! Come view this property before it's gone!

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes
Other - See Remarks
Yes

Construction

Block
Yes
Frame - Wood
Yes
Stucco
Yes

Cooling

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

External Amenities

Handicap Access
Yes
Laundry Facilities
Yes
Patio/Deck/Balcony
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Heating

Forced - Gas
Yes
Heat Pump
Yes
Natural Gas
Yes

Owner Pays

All
Yes
Other - See Remarks
Yes

Possession

Subject to Tenant
Yes

Records Available

None
Yes

Road Frontage Type

City Street
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Rolled/Hot Mop
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Utilities Installed

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

Water Heater

Natural Gas
Yes

Unit 1 Parking

Off Street
Yes

Unit 1 Info

Porch/Patio
Yes
Range/Oven
Yes
Other - See Remarks
Yes

Unit 2 Parking

Off Street
Yes
Other - See Remarks
Yes

Unit 2 Info

Porch/Patio
Yes
Range/Oven
Yes
Other - See Remarks
Yes

Unit 3 Parking

Off Street
Yes
Other - See Remarks
Yes

Unit 3 Info

Porch/Patio
Yes
Range/Oven
Yes
Other - See Remarks
Yes

Unit 4 Parking

Off Street
Yes
Other - See Remarks
Yes

Unit 4 Info

Porch/Patio
Yes
Range/Oven
Yes

Unit 5 Parking

Off Street
Yes
Other - See Remarks
Yes

Unit 5 Info

Ceiling Fan(s)
Yes
Fireplace
Yes
Porch/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
Other - See Remarks
Yes

Property Features

Building Type: 5+ Units; Other - See Remarks Construction: Block; Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger; Room Refrigeration; Other; See Remarks External Amenities: Handicap Access; Laundry Facilities; Patio/Deck/Balcony Flooring: Carpet; Laminate; Tile Heating: Forced - Gas; Heat Pump; Natural Gas Owner Pays: All; Other - See Remarks Possession: Subject to Tenant Records Available: None Road Frontage Type: City Street Road Responsibility: City Maintained Road Roof: Rolled/Hot Mop Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: Off Street Unit 1 Info: Porch/Patio; Range/Oven; Other - See Remarks Unit 2 Parking: Off Street; Other - See Remarks Unit 2 Info: Porch/Patio; Range/Oven; Other - See Remarks Unit 3 Parking: Off Street; Other - See Remarks Unit 3 Info: Porch/Patio; Range/Oven; Other - See Remarks Unit 4 Parking: Off Street; Other - See Remarks Unit 4 Info: Porch/Patio; Range/Oven Unit 5 Parking: Off Street; Other - See Remarks Unit 5 Info: Ceiling Fan(s); Fireplace; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
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.