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638 2ND Street Prescott, AZ 86301
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Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Dameron Park Add
MLS Listing ID 6409962
Sold Date 07/01/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1979
Annual Tax Amount $1,097
Tax Year 2021
Lot Dimensions 115x125x65x125
Property Description
rofessionally managed 4 plex in Prescott! Wonderful investment opportunity. This single-level 4-plex includes two 750 sf 2 bedroom, 1 ba units, two 450 sf studio units. All units are currently leased; current rental income for all 4 combined is $3,895 per month. Proforma $4000/mo. Plenty of parking and walking distance to downtown, shopping, schools, hospital, restaurants. Each Unit includes range and refrigerator. ~4.5% cash on cash return with manangement.
Location
State AZ
County Yavapai
Community Dameron Park Add
Zoning MF-M
Direction Montezuma to Navajo West to property on Right.
Interior
Heating Electric
Cooling Evaporative Cooling, Ceiling Fan(s)
Appliance Disposal, Refrigerator, BI OvenRange
Exterior
Parking Features Paved Parking
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Out Of Maricopa Cnty
Middle Schools Out Of Maricopa Cnty
High Schools Out Of Maricopa Cnty
School District Out Of Area
Others
Senior Community No
Tax ID 113-03-014
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Non-MLS Office
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