$485,000
Prescott Valley, AZ 86314
MLS# 1059699
Status: Closed
2352 sqft
1 / 52
Property Description
NEW ROOF & GUTTERS just installed! BEST GRM/CAP RATE INVESTMENT PROPERTY ON THE MARKET! Build your equity and get a great return! Single level, 2bd, 1bth, TRIPLEX. Centrally located, near Fain Rd, makes for easy long term occupancy. Fenced back yard and plenty of parking. Newer water heaters and vinyl click flooring. This is an easy to manage, low maintenance, passive income dream opportunity, and with potential like this, it won't last long. First time investors, you can live in one unit for the owner occupied financing! Seasoned investors, you will easily meet the best returns available on the market today. As-is priced to move!
Details
Maps
Contract/Address/Legal
Original List Price: 499900
Listing Date: 2023-10-06
Status: Closed
Listing Price: 475000
List Price/SqFt: 202
Rent/Lease: No
Street #: 5941
Direction: N
Street Name: Fulton
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Neighborhood: N/A
County: Yavapai
Zoning: R1MF
REO/Short Sale: Not Applicable
Tax Parcel: 103-33-292
Assessor's Book #: 103
Assessor's Map #: 33
Assessor's Parcel #: 292
Legal: LOT 6724 PRESCOTT VALLEY UNIT 16 BOOK 14 PAGE 44
General Property Description
Lot #: 6724
Lot Size: 8402
Aprx Acres: 0.19
Total Liveable SqFt: 2352
Source of Measuremnt: County Assessor
Buildings: 1
Stories: 1
Year Built: 1974
Management: Owner
Gross Vol/Yr $: 46800
NOI $: 40500
Cap %: 8.5
GRM: 10
Lease $: 800
HOA Y/N: No
Baths - Full: 3
More than 5 Units: No
Tax Info
Taxes: 1370
Tax Year: 2022
Remarks & Misc
Directions: NO SIGN.
Robert Rd North to Left on Long Mesa Dr. Right on Fulton to building on the right.
Office/Member Info
Listing Exclusions: No
Compensation: 2.25
Compensation Type: %
Status Change Info
Under Contract Date: 2024-03-26
Sold Date: 2024-05-20
Sold Price: $485,000
Sold Price/SqFt: 206
Financing: FHA
Unit 1
Unit ID: 1
# BR: 2
# BA: 1
SqFt: 784
Tenant Utilities: electricity
Rent $: 1300
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 784
Tenant Utilities: electricity
Rent $: 1300
Unit 3
Unit ID: 3
# BR: 2
# BA: 1
SqFt: 784
Tenant Utilities: electricity
Rent $: 1300
Property Features
Building Type: Triplex
Construction: Brick; Frame - Wood
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Fence; Patio/Deck/Balcony
Flooring: Vinyl
Heating: Baseboard; Cove
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 220; Cable TV; Electricity; Telephone; Underground; Water - City; WWT - City Sewer
Water Heater: Electric
Unit 1 Parking: 2 Car; Off Street
Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 2 Parking: 2 Car; Off Street
Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 3 Parking: 2 Car; Off Street
Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: eXp Realty LLC-Main
Last Updated: May - 21 - 2024
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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.