819 W Gurley Street, Prescott, AZ 86305

$1,450,000
Property Type: Multi-Family Square Footage: 5,358 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $1,450,000 List Date: 4/09/2025 Last Modified: 4/09/2025

Description

This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet are

Supplements: This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet area that services the entire property. The first building is single-family residence located at 819 W. Gurley St. is a one bedroom one bath free-standing home totaling +/-695 sf and was originally built in 1934 but recently renovated. The home includes a kitchen, dining room, living room with fireplace, a bedroom, a full bathroom, a laundry room, front porch and large fenced yard. Building A is a three-story walkup tri-plex that totals +/-2,568 sf and was built in 2004. There are three 2-bedroom 2 bath unit totaling +/-854 sf/ each. Each unit features an open kitchen area, living room, two bedrooms, two full bathrooms and a laundry room with stacked units. This entire building is fully fire sprinkled. Building B is split level one bedroom one bath free standing unit totaling +/-506 sf and was built in 1957 but recently renovated. The bedroom and full-size bathroom are both located on the main level and the kitchen and living room are located on the lower level. This unit offers a fenced patio area. Building C is a two story 3-bedroom 2 bath residence that totals +/-1,595 sf and was built in 2006. The first floor includes a kitchen and dining area, living room, bedroom, laundry room, a full bathroom and a fenced pet area. The second floor includes 2 separate bedrooms, a living room and a 3/4 bathroom.

More Information MLS# 1065956

ContractAddressLegal

Original List Price: 1450000 Listing Date: 2024-07-10 Status: Active Listing Price: 1450000 Street #: 819 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: None County: Yavapai Tax Parcel: 109-06-112A & 112B

General Property Description

Lot #: 9 Bedrooms Possible: 12 Lot Size: 9330 Aprx Acres: 0.34 Total Liveable SqFt: 5358 Source of Measuremnt: County Assessor Buildings: 4 Stories: 3 Year Built: 2004 Management: Mgmt Company Gross Vol/Yr $: 116100 NOI $: 94526 Vac Rate %: 2 Cap %: 6.52 CAM $: 19252 HOA Y/N: No Baths - Full: 6 More than 5 Units: Yes

Tax Info

Taxes: 3925 Tax Year: 2023

Unit 1

Unit ID: 819 W. Gurley - SFR # BR: 1 # BA: 1 SqFt: 695 Rent $: 1450

Unit 2

Unit ID: Building A =Triplex # BR: 2 # BA: 2 SqFt: 854 Rent $: 1508

Unit 3

Unit ID: Building B - SFR # BR: 1 # BA: 1 SqFt: 506 Rent $: 1500

Unit 4

Unit ID: Building C - 2 Story # BR: 3 # BA: 2 SqFt: 1595 Rent $: 2200

Property Features

Building Type: 5+ Units; Other - See Remarks Construction: Block; Frame - Wood; Stucco Cooling: Gas Pack; See Remarks External Amenities: Fence; Handicap Access; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip Flooring: Carpet; Vinyl Heating: Electric; Gas Pack Owner Pays: Other - See Remarks Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer Water Heater: Electric Unit 1 Parking: 2 Car; Off Street Unit 1 Info: Ceiling Fan(s); Den/Family Room; Fireplace; Handicap Accessible; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 2 Parking: 2 Car; Off Street; Other - See Remarks Unit 2 Info: Ceiling Fan(s); Den/Family Room; Laundry Room; Range/Oven; Refrigerator; Other - See Remarks Unit 3 Parking: 1 Car; Off Street; Other - See Remarks Unit 3 Info: Ceiling Fan(s); Den/Family Room; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 4 Parking: 3+ Car; Off Street; Other - See Remarks Unit 4 Info: Ceiling Fan(s); Den/Family Room; Laundry Room; Range/Oven; Refrigerator
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: April - 09 - 2025
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