$624,721
Prescott Valley, AZ 86314
MLS# 1054564
Status: Closed
2374 sqft
1 / 23
Property Description
Great investment opportunity with $42,000 in current gross revenue and a 6.7 CAP rate. Nice duplex only 9 years old. Rent out one side, live in the other! Each unit is 1187 sq ft, 3 bedrooms, 2 baths with an attached 2 car garage. The units feature two toned paint and tiled flooring in the main living areas. The kitchens include refrigerator, gas range, and solid surface counters, with a window overlooking the back yard.The master suites include a walk in closet. There are 2 guest bedrooms, a full guest bathroom and laundry room in each unit. There is also an two car attached garage, rare find! Each unit has it's own patio and fenced back yard. Great investment opportunity with $42,000 in current gross revenue and a 6.7 CAP rate. Proforma CAP 6.9%, $1795/u rents.
Details
Maps
Contract/Address/Legal
Original List Price: 624721
Listing Date: 2023-03-16
Status: Closed
Listing Price: 624721
List Price/SqFt: 263
Rent/Lease: No
Street #: 7750
Direction: E
Street Name: Spouse
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
County: Yavapai
Zoning: R2-4
REO/Short Sale: Not Applicable
Tax Parcel: 103-37-498
Assessor's Book #: 103
Assessor's Map #: 37
Assessor's Parcel #: 498
Legal: LOT 7811 PRESCOTT VALLEY UNIT 19 BOOK 15 PAGE 45
General Property Description
Lot #: 7811
Lot Size: 13098
Aprx Acres: 0.3
Total Liveable SqFt: 2374
Source of Measuremnt: County Assessor
Year Built: 2013
Management: Mgmt Company
Baths - Full: 2
Tax Info
Taxes: 2636
Tax Year: 2022
Remarks & Misc
Directions: Go N.Glassford Hill Rd., E on Spouse Dr to home.
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2023-03-24
Sold Date: 2023-04-19
Sold Price: $614,721
Sold Price/SqFt: 259
Financing: Exchange
Unit 1
Unit ID: 1
# BR: 3
# BA: 2
SqFt: 1187
Tenant Utilities: all
Rent $: 1750
Unit 2
Unit ID: 1
# BR: 3
# BA: 2
SqFt: 1187
Tenant Utilities: all
Rent $: 1750
Property Features
Building Type: Duplex
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Central Refriger
External Amenities: Fence; Patio/Deck/Balcony
Flooring: Carpet; Tile
Heating: Forced - Gas; Natural Gas
Owner Pays: None
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: 1031 Exchange; Conventional; VA
Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 2 Car; Attached; Off Street; Other - See Remarks
Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 2 Parking: 2 Car; Attached; Off Street
Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Rent Right
Last Updated: April - 19 - 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.