$550,000
Flagstaff, AZ 86004
MLS# 195087
Status: Closed
2080 sqft
1 / 31
Property Description
This lovely duplex is located in a popular residential neighborhood and provides an excellent opportunity for both homeowners and investors. Nestled in the heart of Flagstaff this property includes a 3 bedroom, 1 bath unit and a 2 bedroom, 1 bath unit. Both apartments are single level and each have laundry hook-ups, covered back patios, individually fenced private rear yards and a newer roof. This is also an excellent opportunity for a qualified Buyer to acquire a multifamily property in Flagstaff with as little as 10% down payment and SELLER CARRYBACK FINANCING. Avoid paying points, mortgage insurance and high conventional loan fees.
Details
Contract Information
List Price/SqFt: 281.25
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2023-10-21
Current Price: $550,000
Sold Price: $550,000
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Location, Tax & Legal
Region: 40 - North East City
APN: 10803161
Cross Street: Linda Vista Dr
Legal Description: Subdivision: GREENLAW EST UNIT 06 Lot: 38 Sixteenth: SE Quarter: NW Section: 12 Township: 21N Range: 07E
Taxes: 2074
Tax Year: 2023
County: Coconino
Area: 425 - Upper Greenlaw
Street #: 3546
Direction: N
Street Name: Schevene
Suffix: Boulevard
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.220454
Geo Lon: -111.605719
General Property Description
Year Built: 1966
Year Built Source: County
# of Units: 2
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Cap Rate: CLO
Vacancy %: 2%
Down Payment: $50,000 - 99,999
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 2
Remarks & Misc
Directions: North on 4th St, east on Linda Vista, south on Schevene
Status Change Info
Sold Price/SqFt: 264.42
Financing: Owner Carry 1st
Sold Date: 2024-01-31
Sold Price: $550,000
Exis Fee/Docs
Free & Clear: 1
To Show
Appt Only/CLO: 1
Other: one unit is vacant
Leases
Month to Month: 1
Util incld in Rent
None: 1
Potential Terms
OMC 1st: 1
Interior Amenities
Carpet/Tile: 1
Dishwashers: 1
Fire Alarm: 1
Laundry Area: 1
Range/Ovens: 1
Refrigerators: 1
Docs on File
Leases: 1
Legal Descrip.: 1
Exterior Amenities
Fenced: 1
Porch/Patio: 1
Priv Yards: 1
Flood Zone
D-Undetermined: 1
Lot Street Imprvmnts
Alley: 1
Curb/Gutters: 1
Paved Parking: 1
Paved Street: 1
Utilities
City Water: 1
Electric: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Heating
Central: 1
Natural Gas: 1
Cooling
None: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Masonry: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 2080
Property Features
To Show: Appt Only/CLO
Leases: Month to Month
Util incld in Rent: None
Potential Terms: OMC 1st
Interior Amenities: Carpet/Tile; Dishwashers; Fire Alarm; Laundry Area; Range/Ovens; Refrigerators
Exterior Amenities: Fenced; Porch/Patio; Priv Yards
Docs on File: Leases; Legal Descrip.
Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Parking; Paved Street
Utilities: City Water; Electric; Sewer; Telephone; TV Cable
Heating: Central; Natural Gas
Cooling: None
Construction: Frame - Wood; Masonry
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Owner/Family
Supplements
Live in one unit and rent the other unit (long or short term) to offset your mortgage, or hold as an investment.
The 2 bedroom unit is currently leased month to month and the 3 bedroom unit is vacant with fresh paint and new flooring. There is also a large bonus area and separate entrance in the 3 bedroom unit and a room that was formerly used as a photo darkroom with a sink that could become a second bathroom.
NO HOA means lots of flexibility for you to be the steward of your new property.
IDX
Listing Office: Linton Real Estate
Last Updated: September - 06 - 2024
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