Prescott, AZ 86301

$1,450,000
Property Type: Multi-Family Square Footage: 13,056 Lot Size (sq. ft.): 65,340 Status: Closed
Current Price: $1,450,000 List Date: 1/21/2005 Last Modified: 6/20/2023

Overview

Description

Excellent rental history and cash flow. 15 Two Bedroom units @ $650/mo, and 1 One Bedroom @ $550/mo. Onsite laundry (nat gas) generates additional income. Vacant pad onsite is approved for additional 2BR/2BA 4-plex. Property currently consists of 2 single-level 4-plexs and 2 two-story 4-plexs. Each unit has patio or decks, Spanish tile roofs, fireplaces (most) and appx. 816 sf. 1.4+ acre site features boulder outcroppings and plenty of parking. 7 CAP at list price. Call for package

Listing Details MLS# 888674

ContractAddressLegal

Original List Price
1450000
Listing Price
1450000
City/Township
Prescott
State
AZ
Zip Code
86301

General Property Description

Aprx Acres
1.5
Total Liveable SqFt
13056
Source of Measuremnt
County Assessor
Buildings
4
Stories
2
Year Built
1982
Management
Owner
Gross Vol/Yr $
126000
NOI $
99936
Vac Rate %
5
Cap %
7
HOA Y/N
No
Baths - Full
2
More than 5 Units
Yes

Tax Info

Taxes
6101
Tax Year
2003

Status Change Info

Under Contract Date
2005-05-05
Sold Date
2005-06-20
Sold Price/SqFt
111
Financing
Conventional

Unit 1

Unit ID
15
# BR
2
# BA
Yes
SqFt
816
Rent $
650

Unit 2

Unit ID
Yes
# BR
Yes
# BA
Yes
SqFt
600
Rent $
550

More Information

Property Features

Building Type: 5+ Units Construction: Block; Frame - Wood Cooling: Ceiling Fan(s) External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony Flooring: Carpet; Vinyl Heating: Gas Stove; Radiant; Wood Stove Owner Pays: Trash; Water Possession: Subject to Tenant Records Available: Record of Survey Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: County Maintained Road Roof: Tile Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Electric Unit 1 Info: Other - See Remarks Unit 2 Parking: Off Street Unit 2 Info: Other - See Remarks Unit 3 Info: Other - See Remarks Unit 4 Info: Other - See Remarks Unit 5 Info: Other - See Remarks
Listing Office: Liberty Management Group
Last Updated: June - 20 - 2023
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