$700,000
Flagstaff, AZ 86004
MLS# 187336
Status: Closed
6319 sqft
1 / 9
Property Description
This is a well-kept four-plex! Mostly remodeled and fully leased! With 3 four bedroom units and 1 two bedroom unit these are very rentable in Flagstaff's hot rental market! This is a great investment opportunity with little to no vacancy. One of the owners is a licensed real estate agent in the state of Arizona.
Details
Contract Information
List Price/SqFt: 126.6
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2021-09-09
Current Price: $700,000
Sold Price: $700,000
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Location, Tax & Legal
Region: 40 - North East City
APN: 10911005j
Cross Street: Center St
Legal Description: SIXTEENTH: SW QUARTER: SE SECTION: 11 TOWNSHIP: 21N RANGE: 7E DESC AS FLLWS:BEG SE COR LOT 1 BLK 2 SUNNYSIDE NORTH ANNEX
Taxes: 3982
Tax Year: 2020
Assessment $: 0
County: Coconino
Area: 400 - Sunnyside
Street #: 1820
Direction: E
Street Name: 6th
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.210968
Geo Lon: -111.620447
General Property Description
Lot Dimensions: 89.73x129.15x101.75
Year Built: 1970
Year Built Source: County
# of Units: 4
Key Words
Sale/Rent: For Sale
Net Op Inc: $50,000 - 99,999
Cap Rate: 1 - 7.9%
Vacancy %: 0%
Down Payment: $0 - 4,999
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: 12,001 - 21,799 SF
# Units: 4
Remarks & Misc
Directions: North on 4th St. from Route 66. Left on 6th Ave. Property is on the corner of Center St. and 6th Ave.
Status Change Info
Sold Price/SqFt: 110.77
Financing: Conventional
Sold Date: 2021-11-08
Sold Price: $700,000
Inc/Exp (Annual)
Scheduled Income $: 70586
Vacancy Rate %: 0
= Gross Op Income $: 70586
- Op Expenses $: 20174
= Net Op Income(NOI): 50412
Cap Rate %: 6.3
To Show
Appt Only/CLO: 1
Drive By/Don't Enter: 1
Leases
1 Year +: 1
Util incld in Rent
Electicity: 1
Natural Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Potential Terms
Cash: 1
Conventional: 1
Interior Amenities
Carpet/Tile: 1
Cement Slab: 1
Range/Ovens: 1
Refrigerators: 1
Smoke/Heat Det.: 1
Wood Floors: 1
Docs on File
Leases: 1
Security Dpsts: 1
Exterior Amenities
Landscaped: 1
Lot Street Imprvmnts
Alley: 1
Curb/Gutters: 1
Paved Parking: 1
Paved Street: 1
Sidewalks: 1
Street Parking: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Heating
Central: 1
Natural Gas: 1
Cooling
None: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Masonry: 1
Roof
Asphalt Shingle: 1
Comp./Built Up: 1
Pitched: 1
Currently Not Used
Approx SqFt: 6319
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter
Leases: 1 Year +
Util incld in Rent: Electicity; Natural Gas; Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional
Interior Amenities: Carpet/Tile; Cement Slab; Range/Ovens; Refrigerators; Smoke/Heat Det.; Wood Floors
Exterior Amenities: Landscaped
Docs on File: Leases; Security Dpsts
Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Parking; Paved Street; Sidewalks; Street Parking
Utilities: City Water; Electric; Natural Gas; Sewer
Heating: Central; Natural Gas
Cooling: None
Construction: Frame - Wood; Masonry
Roof: Asphalt Shingle; Comp./Built Up; Pitched
Management: Owner/Family
IDX
Listing Office: Coldwell Banker Northland
Last Updated: September - 06 - 2024
Copyright 2021 Northern Arizona Association of Realtors®. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.