843 Sunset Ave, Unit A-F, Prescott, AZ 86305

$1,082,500
Property Type: Multi-Family Square Footage: 5,544 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $1,082,500 List Date: 10/17/2024 Last Modified: 4/18/2025

Overview

Description

This impressive 6-unit complex features a collection of generously sized units, each spanning an expansive 924 SF. Designed to maximize comfort and functionality, every unit offers 2 bedrooms and 1 full bathroom. Each unit has capped fireplaces to add a cozy ambiance, as well as convenient laundry hookups. Additionally, residents will benefit from designated covered parking. The property has undergone recent updates, which include tasteful interior enhancements that elevate the living experience and fresh exterior paint that enhances curb appeal. These improvements not only enhance the functionality and aesthetics of the units but also help maintain the property's overall value. For investors, this multifamily property presents a remarkable opportunity to enter the growing Prescott, AZ!

Listing Details MLS# 1068261

ContractAddressLegal

Original List Price
1500000
Listing Price
1379000
Street #
843
Street Name
Sunset Ave, Unit A-F
City/Township
Prescott
State
AZ
Zip Code
86305
Subdivision
Gardenland Tract
County
Yavapai
Tax Parcel
111-11-137A

General Property Description

Lot #
22
Aprx Acres
0.3
Total Liveable SqFt
5544
Source of Measuremnt
County Assessor
Buildings
Yes
Stories
2
Year Built
1979
Management
Owner
Gross Vol/Yr $
105825
NOI $
83689
Cap %
6
CAM $
22136
HOA Y/N
No
Baths - Full
6

Status Change Info

Under Contract Date
2025-03-26
Sold Date
2025-04-17
Sold Price/SqFt
195
Financing
Conventional

Unit 1

Unit ID
A
# BR
2
# BA
Yes
SqFt
924
Rent $
1025

Unit 2

Unit ID
B
# BR
2
# BA
Yes
SqFt
924
Rent $
1395

Unit 3

Unit ID
C
# BR
2
# BA
Yes
SqFt
924
Rent $
1110

More Information

Unit 4

Unit ID
D
# BR
2
# BA
Yes
SqFt
924
Rent $
1250

Unit 5

Unit ID
E
# BR
2
# BA
Yes
SqFt
924
Rent $
1675

Contract/Address/Legal

On-Market Date
2024-10-17
List Price/SqFt
249
Rent/Lease
Yes
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
MF-M
Assessor's Book #
111
Assessor's Map #
11
Assessor's Parcel #
137
Assessor Parcel Ltr
A
Legal
GARDENLAND TRACT S 60 FT OF S2 OF LOT 22

Remarks & Misc

Directions
North on Miller Valley to left on Fair Street to right on Sunset Avenue to property on right.
Remarks
This impressive 6-unit complex features a collection of generously sized units, each spanning an expansive 924 SF. Designed to maximize comfort and functionality, every unit offers 2 bedrooms and 1 full bathroom. Each unit has capped fireplaces to add a cozy ambiance, as well as convenient laundry hookups. Additionally, residents will benefit from designated covered parking. The property has undergone recent updates, which include tasteful interior enhancements that elevate the living experience and fresh exterior paint that enhances curb appeal. These improvements not only enhance the functionality and aesthetics of the units but also help maintain the property's overall value. For investors, this multifamily property presents a remarkable opportunity to enter the growing Prescott, AZ!

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes

Construction

Block
Yes
Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Room Refrigeration
Yes

External Amenities

Laundry Facilities
Yes
Patio/Deck/Balcony
Yes
Other - See Remarks
Yes

Flooring

Carpet
Yes
Laminate
Yes

Heating

Baseboard
Yes
Cove
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes
Paved
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
FHA
Yes

Utilities Installed

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

Water Heater

Electric
Yes

Unit 1 Parking

1 Car
Yes
Attached
Yes
Garage
Yes

Unit 2 Parking

1 Car
Yes
Garage
Yes

Unit 3 Parking

1 Car
Yes
Attached
Yes
Garage
Yes

Unit 4 Parking

1 Car
Yes
Garage
Yes

Unit 5 Parking

1 Car
Yes
Attached
Yes
Garage
Yes

Property Features

Building Type: 5+ Units Construction: Block; Frame - Wood Cooling: Ceiling Fan(s); Room Refrigeration External Amenities: Laundry Facilities; Patio/Deck/Balcony; Other - See Remarks Flooring: Carpet; Laminate Heating: Baseboard; Cove Owner Pays: Trash; Water Possession: At Recordation 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: 220; Cable TV; Electricity; Individual Meter; Telephone; Underground; Water - City; WWT - City Sewer Water Heater: Electric Unit 1 Parking: 1 Car; Attached; Garage Unit 2 Parking: 1 Car; Garage Unit 3 Parking: 1 Car; Attached; Garage Unit 4 Parking: 1 Car; Garage Unit 5 Parking: 1 Car; Attached; Garage
Listing Office: Prescott Commercial Real Estate
Last Updated: April - 18 - 2025
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