Bought with Kenneth James Realty
$280,000
$369,000
24.1%For more information regarding the value of a property, please contact us for a free consultation.
2,613 Sqft Lot
SOLD DATE : 05/29/2025
Key Details
Sold Price $280,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Prescott Original Township
MLS Listing ID 1068260
Sold Date 05/29/25
HOA Y/N false
Year Built 1934
Annual Tax Amount $734
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Source paar
Property Description
This appealing property presents an excellent opportunity for anyone looking to invest in the Prescott Downtown market at a fraction of the typical cost. It is zoned for both Business General and Multifamily use, allowing for conversion into office or retail space, or it can continue to function as a successful duplex. Currently, the property features two rental units: a studio and a one-bedroom apartment, which previously yielded a monthly rental income of $2,170, with tenants covering utility expenses. Both tenants are month to month. Additionally, there is the option to convert it back into a single-family residence.
Location
State AZ
County Yavapai
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Room Refrigeration
Flooring Carpet, Vinyl, Wood
Exterior
Exterior Feature Laundry Facilities, Balcony
Utilities Available Electricity Available, Individual Meter, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
Roof Type Asphalt
Building
Story 1
Structure Type Frame
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
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