$675,000
Flagstaff, AZ 86004
MLS# 191464
Status: Closed
2950 sqft
1 / 32
Property Description
25K PRICE-DROP!!! Awesome investment opportunity, moments from downtown Flagstaff! This tri-plex consists of 3 units with the following specs: UNIT ONE: 2 bedroom, 1.5 bath, UNIT TWO: 3 bedroom 1.5 bath, UNIT THREE: 3 bedroom, 1.5 bath. All units are 2 levels with living room, kitchen and half bath on the bottom floor and bedrooms with full bath on the top floor. There is plenty of parking for all 3 units. All units are individually metered for gas & electricity, but not water. NEW ROOF AS OF 2018. All units have forced air heating, but no central AC. Units do not have washer/dryer hook-ups.
Details
Contract Information
List Price/SqFt: 245.76
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2022-09-30
Current Price: $675,000
Sold Price: $675,000
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Location, Tax & Legal
Region: 40 - North East City
APN: 10909035
Legal Description: LOT 9 BLOCK 1 SUNNYSIDE NORTH ANNEX UNIT 2
Taxes: 2211
Tax Year: 2022
County: Coconino
Area: 400 - Sunnyside
Street #: 2609
Direction: N
Street Name: 1st
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.213891
Geo Lon: -111.617431
General Property Description
Lot Dimensions: 50.8x119.7x50.8x119.7
Year Built: 1991
Year Built Source: County
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Cap Rate: 1 - 7.9%
Vacancy %: 20%+
Down Payment: $100,000 - 149,999
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 3
Remarks & Misc
Directions: From Cedar: South on 1st street, units are on right. Sign is out front.
Status Change Info
Sold Price/SqFt: 228.81
Financing: Conventional
Sold Date: 2023-01-25
Sold Price: $675,000
Seller's Option
Flip: 1
Lease: 1
Inc/Exp (Annual)
Scheduled Income $: 40500
- Op Expenses $: 6770.68
Cap Rate %: 5.4
To Show
Drive By/Don't Enter: 1
Leases
Month to Month: 1
Util incld in Rent
Natural Gas: 1
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Interior Amenities
Carpet/Tile: 1
Range/Ovens: 1
Refrigerators: 1
Docs on File
Leases: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 2950
Property Features
To Show: Drive By/Don't Enter
Leases: Month to Month
Util incld in Rent: Natural Gas; Sewer; Snow Removal; Trash Collection; Water
Interior Amenities: Carpet/Tile; Range/Ovens; Refrigerators
Docs on File: Leases
Utilities: City Water; Electric; Natural Gas; Sewer
Construction: Frame - Wood
Roof: Asphalt Shingle
Seller's Option: Flip; Lease
IDX
Listing Office: Set in Stone Realty
Last Updated: September - 06 - 2024
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