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

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!

More Information MLS# 1068261

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

General Property Description

Aprx Acres: 0.3 Lot #: 22 Lot Size: 13068 HOA Y/N: No Buildings: 1 Source of Measuremnt: County Assessor Stories: 2 Management: Owner Gross Vol/Yr $: 105825 CAM $: 22136 Total Liveable SqFt: 5544 Year Built: 1979 NOI $: 83689 Cap %: 6 Baths - Full: 6

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

Status Change Info

Sold Price/SqFt: 195 Financing: Conventional Under Contract Date: 2025-03-26 Sold Date: 2025-04-17 Sold Price: $1,082,500

Building Type

5+ Units: 1

Construction

Block: 1 Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Room Refrigeration: 1

External Amenities

Laundry Facilities: 1 Patio/Deck/Balcony: 1 Other - See Remarks: 1

Flooring

Carpet: 1 Laminate: 1

Heating

Baseboard: 1 Cove: 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 FHA: 1

Utilities Installed

220: 1 Cable TV: 1 Electricity: 1 Individual Meter: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Electric: 1

Unit 1

Unit ID: A # BR: 2 # BA: 1 SqFt: 924 Rent $: 1025

Unit 1 Parking

1 Car: 1 Attached: 1 Garage: 1

Unit 2

Unit ID: B # BR: 2 # BA: 1 SqFt: 924 Rent $: 1395

Unit 2 Parking

1 Car: 1 Garage: 1

Unit 3

Unit ID: C # BR: 2 # BA: 1 SqFt: 924 Rent $: 1110

Unit 3 Parking

1 Car: 1 Attached: 1 Garage: 1

Unit 4

Unit ID: D # BR: 2 # BA: 1 SqFt: 924 Rent $: 1250

Unit 4 Parking

1 Car: 1 Garage: 1

Unit 5

Unit ID: E # BR: 2 # BA: 1 SqFt: 924 Rent $: 1675

Unit 5 Parking

1 Car: 1 Attached: 1 Garage: 1

ContractAddressLegal

Original List Price: 1500000 Listing Date: 2024-10-16 Status: Closed 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

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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