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
Lot #
No

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

Contract/Address/Legal

List Price/SqFt
111
Rent/Lease
No
REO/Short Sale
Not Applicable
Zoning
RBMH
Assessor's Book #
113
Assessor's Map #
8
Assessor's Parcel #
40
Legal
DAMERON TRACT, BLOCK 14, BY METES AND BOUNDS (The Boulders)

Remarks & Misc

Directions
MILLER VALLEY, E. ON HILLSIDE, S. ON DAMERON
Remarks
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

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes

Construction

Block
Yes
Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes

External Amenities

Fence
Yes
Landscaped
Yes
Laundry Facilities
Yes
Patio/Deck/Balcony
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Gas Stove
Yes
Radiant
Yes
Wood Stove
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

Possession

Subject to Tenant
Yes

Records Available

Record of Survey
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Road Responsibility

County Maintained Road
Yes

Roof

Tile
Yes

Terms & Conditions

Conventional
Yes

Utilities Installed

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

Water Heater

Electric
Yes

Unit 1 Info

Other - See Remarks
Yes

Unit 2 Parking

Off Street
Yes

Unit 2 Info

Other - See Remarks
Yes

Unit 3 Info

Other - See Remarks
Yes

Unit 4 Info

Other - See Remarks
Yes

Unit 5 Info

Other - See Remarks
Yes

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
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.