$920,500
Flagstaff, AZ 86001
MLS# 193892
Status: Closed
3320 sqft
1 / 71
Property Description
Looking for a multi-family within walking distance of NAU & downtown Flagstaff! This 4-plex is the one! These units are always 100% occupied with waiting lists to get in! 6-bedrooms in the main house (current tenants on 1 lease & all want to renew the lease) living room, ceiling fan, kitchen, dining area, & storage. Back building (each unit approx. 600-700 Sq Ft) is 2-story with 1-top unit & 2 ground floor. These leases ended & owner did not renew as they wanted to fix up. New carpet, paint & clean up. Seller will be advertising for new tenants. They are 1bed-1bath. Top unit has a loft & balcony. Two lower units have front porches. Plenty of parking for all tenants. Tenants pay electric & gas. Owner pays for water, sewer & trash
Details
Contract Information
List Price/SqFt: 278.61
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2023-07-07
Current Price: $920,500
Sold Price: $920,500
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Location, Tax & Legal
Region: 10 - North West City
APN: 10310003
Cross Street: Butler
Legal Description: NORMAL SCHOOL ADD BLOCK: 138 LOT: 5 AND:- LOT: 6 , SIXTEENTH: NE QUARTER: NE SECTION: 21 TOWNSHIP: 21N RANGE: 07
Taxes: 2446.52
Tax Year: 2003
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 306
Direction: S
Street Name: Humphreys
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.194065
Geo Lon: -111.652725
General Property Description
Year Built: 1943
Year Built Source: County
# of Units: 4
Key Words
Sale/Rent: For Sale
Net Op Inc: $5,000 - 9,999
Cap Rate: 1 - 7.9%
Vacancy %: 0%
Down Payment: $0 - 4,999
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: 6,001 - 12,000 SF
# Units: 4
Remarks & Misc
Directions: W Butler Ave to S Humphreys St, on the left
Status Change Info
Sold Price/SqFt: 277.25
Financing: Conventional
Sold Date: 2023-09-15
Sold Price: $920,500
Inc/Exp (Annual)
Scheduled Income $: 57240
- Op Expenses $: 20212.86
= Net Op Income(NOI): 37027
To Show
Appt Only/CLO: 1
Other: showing time/CLA
Leases
1 Year +: 1
Potential Terms
Cash: 1
Conventional: 1
Interior Amenities
Carpet/Tile: 1
Cement Slab: 1
Laundry Area: 1
Range/Ovens: 1
Refrigerators: 1
Shared Baths: 1
Smoke/Heat Det.: 1
Docs on File
Aerial Photo: 1
Leases: 1
Legal Descrip.: 1
Owner Op Stmnt: 1
Exterior Amenities
Deck/Belcony: 1
Porch/Patio: 1
Flood Zone
Other: Buyer to verify
Lot Street Imprvmnts
Paved Street: 1
Sidewalks: 1
Street Parking: 1
Unpaved Parking: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
None: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 3320
Property Features
To Show: Appt Only/CLO
Leases: 1 Year +
Potential Terms: Cash; Conventional
Interior Amenities: Carpet/Tile; Cement Slab; Laundry Area; Range/Ovens; Refrigerators; Shared Baths; Smoke/Heat Det.
Exterior Amenities: Deck/Belcony; Porch/Patio
Docs on File: Aerial Photo; Leases; Legal Descrip.; Owner Op Stmnt
Lot Street Imprvmnts: Paved Street; Sidewalks; Street Parking; Unpaved Parking
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Heating: Electric; Natural Gas
Cooling: None
Construction: Frame - Wood
Roof: Asphalt Shingle
Management: Owner/Family
IDX
Listing Office: Keller Williams Arizona Realty
Last Updated: January - 23 - 2025
Copyright 2021 Northern Arizona Association of Realtors®. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.