$1,082,500
Prescott, AZ 86305
MLS# 1068261
Status: Closed
5544 sqft
1 / 21
Property Description
This impressive 6-unit complex features a collection of generously sized units, each spanning an expansive 924 SF. Designed to maximize comfort and functionality, every unit offers 2 bedrooms and 1 full bathroom. Each unit has capped fireplaces to add a cozy ambiance, as well as convenient laundry hookups. Additionally, residents will benefit from designated covered parking. The property has undergone recent updates, which include tasteful interior enhancements that elevate the living experience and fresh exterior paint that enhances curb appeal. These improvements not only enhance the functionality and aesthetics of the units but also help maintain the property's overall value. For investors, this multifamily property presents a remarkable opportunity to enter the growing Prescott, AZ!
Details
Maps
Documents
Contract/Address/Legal
On-Market Date: 2024-10-17
List Price/SqFt: 249
Rent/Lease: Yes
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF-M
Assessor's Book #: 111
Assessor's Map #: 11
Assessor's Parcel #: 137
Assessor Parcel Ltr: A
Legal: GARDENLAND TRACT S 60 FT OF S2 OF LOT 22
General Property Description
Aprx Acres: 0.3
Lot #: 22
Lot Size: 13068
HOA Y/N: No
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
Gross Vol/Yr $: 105825
CAM $: 22136
Total Liveable SqFt: 5544
Year Built: 1979
NOI $: 83689
Cap %: 6
Baths - Full: 6
Remarks & Misc
Directions: North on Miller Valley to left on Fair Street to right on Sunset Avenue to property on right.
Remarks: This impressive 6-unit complex features a collection of generously sized units, each spanning an expansive 924 SF. Designed to maximize comfort and functionality, every unit offers 2 bedrooms and 1 full bathroom. Each unit has capped fireplaces to add a cozy ambiance, as well as convenient laundry hookups. Additionally, residents will benefit from designated covered parking. The property has undergone recent updates, which include tasteful interior enhancements that elevate the living experience and fresh exterior paint that enhances curb appeal. These improvements not only enhance the functionality and aesthetics of the units but also help maintain the property's overall value. For investors, this multifamily property presents a remarkable opportunity to enter the growing Prescott, AZ!
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 195
Financing: Conventional
Under Contract Date: 2025-03-26
Sold Date: 2025-04-17
Sold Price: $1,082,500
Building Type
5+ Units: 1
Construction
Block: 1
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
Room Refrigeration: 1
External Amenities
Laundry Facilities: 1
Patio/Deck/Balcony: 1
Other - See Remarks: 1
Flooring
Carpet: 1
Laminate: 1
Heating
Baseboard: 1
Cove: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
FHA: 1
Utilities Installed
220: 1
Cable TV: 1
Electricity: 1
Individual Meter: 1
Telephone: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Electric: 1
Unit 1
Unit ID: A
# BR: 2
# BA: 1
SqFt: 924
Rent $: 1025
Unit 1 Parking
1 Car: 1
Attached: 1
Garage: 1
Unit 2
Unit ID: B
# BR: 2
# BA: 1
SqFt: 924
Rent $: 1395
Unit 2 Parking
1 Car: 1
Garage: 1
Unit 3
Unit ID: C
# BR: 2
# BA: 1
SqFt: 924
Rent $: 1110
Unit 3 Parking
1 Car: 1
Attached: 1
Garage: 1
Unit 4
Unit ID: D
# BR: 2
# BA: 1
SqFt: 924
Rent $: 1250
Unit 4 Parking
1 Car: 1
Garage: 1
Unit 5
Unit ID: E
# BR: 2
# BA: 1
SqFt: 924
Rent $: 1675
Unit 5 Parking
1 Car: 1
Attached: 1
Garage: 1
ContractAddressLegal
Original List Price: 1500000
Listing Date: 2024-10-16
Status: Closed
Listing Price: 1379000
Street #: 843
Street Name: Sunset Ave, Unit A-F
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Gardenland Tract
County: Yavapai
Tax Parcel: 111-11-137A
Property Features
Building Type: 5+ Units
Construction: Block; Frame - Wood
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Laundry Facilities; Patio/Deck/Balcony; Other - See Remarks
Flooring: Carpet; Laminate
Heating: Baseboard; Cove
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: 220; Cable TV; Electricity; Individual Meter; Telephone; Underground; Water - City; WWT - City Sewer
Water Heater: Electric
Unit 1 Parking: 1 Car; Attached; Garage
Unit 2 Parking: 1 Car; Garage
Unit 3 Parking: 1 Car; Attached; Garage
Unit 4 Parking: 1 Car; Garage
Unit 5 Parking: 1 Car; Attached; Garage
Sunset Ave OM 
Listing Office: Prescott Commercial Real Estate
Last Updated: April - 18 - 2025
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