$1,075,000
Prescott, AZ 86305
MLS# 1046880
Status: Closed
2627 sqft
1 / 17
Property Description
Income Producer, all units leased. Take advantage of the additional parcel to Boost revenue! A Perfect property to implement the short term rental (Vacation Rental) strategy and/or add units to dramatically increase the revenue. Improvements to all 4 units made between 7/2021 - 12/2021. Please see details per seller in docs tab. Property Improvements - Per seller in docs tab Parcel 2: see attachment in docs tab. MULTIPLE OFFERS RECEIVED, ALL OFFERS REVIEWED & RESPONDED TO 5/7/22. ENTRY UPON CONTRACT ACCEPTANCE. Submit offers to: [email protected]. CASH OFFERS: must provide proof of funds to close. FINANCED OFFERS: provide Loan approval & funds to close.
Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1075000
Listing Date: 2022-04-14
Status: Closed
Listing Price: 1075000
List Price/SqFt: 409
Rent/Lease: No
Street #: 1409
Street Name: Paar
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Lincoln Park Tract
Neighborhood: N/A
County: Yavapai
Zoning: SF9
REO/Short Sale: Not Applicable
Tax Parcel: 111-09-072E
Assessor's Book #: 111
Assessor's Map #: 9
Assessor's Parcel #: 72
Assessor Parcel Ltr: E
Legal: LINCOLN PARK TRACT PER MAP 3/8 TWO DISCONTIGUOUS PARCELS BEING LO T 9 BLOCK 7 IN LINCOLN PARK AND ALSO BEING A PORTION OF SECTION 3 2, THE NE PARCEL CORNER BEING THE NORTHERN-MOST CORNER OF LOT 9 A KA PARCEL 072C AND 072D PER LS 2014-0033628 CONTAIN 1.29
General Property Description
Lot #: 9
Lot Size: 32162
Aprx Acres: 1.29
Total Liveable SqFt: 2627
Source of Measuremnt: County Assessor
Buildings: 4
Stories: 1
Year Built: 1940
Management: Owner
Gross Vol/Yr $: 79500
HOA Y/N: No
Baths - Full: 4
More than 5 Units: No
Tax Info
Taxes: 1881
Tax Year: 2021
Remarks & Misc
Directions: From Downtown Prescott:
Head west on E Gurley St toward N Cortez St
1.3 mi
Turn right onto Gail Gardner Way
0.4 mi
Turn left onto Paar Dr
Destination will be on the left
427 ft
1409 Paar Dr
Prescott, AZ 86305
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2022-05-02
Sold Date: 2022-06-15
Sold Price: $1,075,000
Sold Price/SqFt: 409
Financing: Conventional
Unit 1
Unit ID: 1409 1/2
# BR: 2
# BA: 1
SqFt: 776
Tenant Utilities: ALL
Rent $: 1875
Unit 2
Unit ID: A
# BR: 1
# BA: 1
SqFt: 578
Tenant Utilities: ALL
Rent $: 1450
Unit 3
Unit ID: B
# BR: 1
# BA: 1
SqFt: 554
Tenant Utilities: ALL
Rent $: 1550
Unit 4
Unit ID: C
# BR: 1
# BA: 1
SqFt: 916
Tenant Utilities: ALL
Rent $: 1750
Property Features
Building Type: Fourplex; Residential+
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Central Refriger
External Amenities: Fence; Laundry Facilities; Patio/Deck/Balcony; Other - See Remarks
Flooring: Carpet; Concrete; Vinyl; Wood
Heating: Forced - Gas; Gas Stove; Natural Gas; Propane; Wall Unit; Wood Stove
Owner Pays: Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Terms & Conditions: Conventional
Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas; Propane
Unit 1 Parking: Off Street
Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Fireplace; Laundry Room; Range/Oven; Refrigerator; Storage Room; W/D Connection
Unit 2 Parking: Off Street
Unit 2 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator; W/D Connection
Unit 3: Furniture
Unit 3 Parking: Off Street
Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Range/Oven; Refrigerator
Unit 4 Parking: Off Street
Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Legal description 
Listing Office: Delex Realty, LLC 003
Last Updated: June - 20 - 2023
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
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.