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
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
More Information MLS# 888674
ContractAddressLegal
Original List Price: 1450000
Listing Date: 2005-01-21
Status: Closed
Listing Price: 1450000
City/Township: Prescott
State: AZ
Zip Code: 86301
General Property Description
Lot Size: 245X235X274X305
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: $1,450,000
Sold Price/SqFt: 111
Financing: Conventional
Unit 1
Unit ID: 15
# BR: 2
# BA: 1
SqFt: 816
Rent $: 650
Unit 2
Unit ID: 1
# BR: 1
# BA: 1
SqFt: 600
Rent $: 550
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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