$985,000
Prescott, AZ 86303
MLS# 421397
Status: Closed
10564 sqft
1 / 3
Property Description
12 UNIT, 3 BLDG COMPLEX ON 3 LOTS. (508, 510 AND 512 SOUTH CORTEZ. ONE 6 UNIT BLDG (3-2 BED, 3-1 BED, 1976 BUILT W/ LAUNDRY, 2 CAR GARAGE. TWO SINGLE LEVEL TRIPLEXS BUILT IN 1963, EACH WITH 2 BED 1 BATH, 3 CARPORTS EACH TRIPLEX. PROPERTY JUST SOUTH OF THE COURTHOUSE IN DOWNTOWN PRESCOTT. MAINTENANCE AND MANAGEMENT CARRIED OUT BY OWNER. GROSS $92,400, LESS TAXES AND INS. $82,056.6 units rent for $650; 2 units for $625:1 each rent for $500,$700 $725.
Details
Contract/Address/Legal
List Price/SqFt: 93
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: RC
Assessor's Book #: 109
Assessor's Map #: 14
Assessor's Parcel #: 40
Legal: LOTS 3, 5, 7 BLOCK 38 CITY OF PRESCOTT
General Property Description
Lot #: 3-7
Lot Size: 3 LOTS - 150 X 150 (EACH
HOA Y/N: No
Buildings: 3
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
Gross Vol/Yr $: 92400
More than 5 Units: Yes
Total Liveable SqFt: 10564
Year Built: 1976
Tax Info
Taxes: 4241
Tax Year: 2003
Remarks & Misc
Directions: GURLEY - SOUTH ON CORTEZ TO PROPERTY (508, 510 512 SO. CORTEZ. NO SIGN - DO NOT BOTHER TENANTS - THANK YOU.
Remarks: 12 UNIT, 3 BLDG COMPLEX ON 3 LOTS. (508, 510 AND 512 SOUTH CORTEZ. ONE 6 UNIT BLDG (3-2 BED, 3-1 BED, 1976 BUILT W/ LAUNDRY, 2 CAR GARAGE. TWO SINGLE LEVEL TRIPLEXS BUILT IN 1963, EACH WITH 2 BED 1 BATH, 3 CARPORTS EACH TRIPLEX. PROPERTY JUST SOUTH OF THE COURTHOUSE IN DOWNTOWN PRESCOTT. MAINTENANCE AND MANAGEMENT CARRIED OUT BY OWNER. GROSS $92,400, LESS TAXES AND INS. $82,056.6 units rent for $650; 2 units for $625:1 each rent for $500,$700 $725.
Status Change Info
Sold Price/SqFt: 93
Financing: Conventional
Under Contract Date: 2004-09-28
Sold Date: 2005-06-21
Sold Price: $985,000
Building Type
5+ Units: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
External Amenities
Handicap Access: 1
None: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Forced - Gas: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Rolled/Hot Mop: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
ContractAddressLegal
Original List Price: 985000
Listing Date: 2004-09-12
Status: Closed
Listing Price: 985000
Street #: 508
Direction: S
Street Name: Cortez
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-14-040*
Property Features
Building Type: 5+ Units
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s)
External Amenities: Handicap Access; None
Flooring: Carpet; Vinyl
Heating: Forced - Gas
Possession: At Recordation
Records Available: Other - See Remarks
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Listing Office: Western Sun Properties
Last Updated: April - 12 - 2018
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