$2,550,000
Prescott, AZ 86303
MLS# 1063793
7274 sqft
1 / 41
Property Description
Know as Mansion by the Square, the property is a distinct vacation rental destination. Extensive capital improvements and full of local history, this is close to the Courthouse Square, restaurants, shops and events. 10 units consist of 7 suites and 3 studios are fully furnished. Rental rates started low to establish the property on vacation rental sites and now are increasing steadily. Great investment opportunity!
Details
Maps
Contract/Address/Legal
Original List Price: 2550000
Listing Date: 2024-04-18
Status: Active
Listing Price: 2550000
List Price/SqFt: 351
Rent/Lease: No
Street #: 105
Direction: S
Street Name: Alarcon
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
Neighborhood: N/A
County: Yavapai
Zoning: BG
REO/Short Sale: Not Applicable
Tax Parcel: 109-01-052
Assessor's Book #: 109
Assessor's Map #: 1
Assessor's Parcel #: 52
Legal: LOT A BLOCK 17 PRESCOTT BOOK 4 PAGE 22
General Property Description
Lot #: A
Bedrooms Possible: 10
Lot Size: 8332
Aprx Acres: 0.19
Total Liveable SqFt: 7274
Source of Measuremnt: County Assessor
Buildings: 1
Stories: 4
Year Built: 1895
Management: Mgmt Company
Gross Vol/Yr $: 263663
HOA Y/N: No
Baths - Full: 10
More than 5 Units: Yes
Tax Info
Taxes: 2947
Tax Year: 2023
Remarks & Misc
Directions: 2 Blocks East of the Square. Gurley to Alarcon, south on Alarcon to first property on left.
Office/Member Info
Compensation: 2.5
Compensation Type: %
Unit 1
Unit ID: THE LILY
# BR: 1
# BA: 1
SqFt: 675
Unit 2
Unit ID: THE GRAND SUITE
# BR: 1
# BA: 1
SqFt: 750
Unit 3
Unit ID: 1B SPEAKEASY
# BA: 1
SqFt: 380
Unit 4
Unit ID: 2B MURPHY SUITE
# BR: 2
# BA: 1
SqFt: 850
Unit 5
Unit ID: 3 TRANQUILITY SUITE
# BR: 1
# BA: 1
SqFt: 550
Property Features
Building Type: 5+ Units
Construction: Frame - Wood
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip
Flooring: Wood
Heating: Radiant; See Remarks
Owner Pays: All
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Other - See Remarks
Terms & Conditions: 1031 Exchange; Sold Furnished
Utilities Installed: 220; Electricity; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Central Boiler; Natural Gas; Other - See Remarks
Unit 1: Furniture
Unit 1 Parking: Off Street
Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Microwave; Refrigerator; Security System
Unit 2: Furniture
Unit 2 Parking: 1 Car; Off Street
Unit 2 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Fireplace; Microwave; Range/Oven; Refrigerator; Security System
Unit 3: Furniture
Unit 3 Parking: 1 Car; Off Street
Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; Security System
Unit 4: Furnished
Unit 4 Parking: 1 Car; Off Street
Unit 4 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; Security System
Unit 5: Furnished
Unit 5 Parking: 1 Car; Off Street
Unit 5 Info: Ceiling Fan(s); Microwave; Range/Oven; Refrigerator; Security System
Listing Office: Prescott Commercial Real Estate
Last Updated: April - 19 - 2024
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