$555,000
Flagstaff, AZ 86001
MLS# 196301
Status: Closed
1552 sqft
1 / 35
Property Description
LOCATION, LOCATION, LOCATION! TWO STAND ALONE HOMES on one Flagstaff Townsite Lot. Tucked into a quiet street located near NAU and downtown, the grocer, local coffee shops, and restaurants are all just a few blocks away. This property offers two remodeled homes that were fully updated since 2021 (walls, lights, floors, bathrooms, and appliances). The back house is 756 sqft and offers 2 bedrooms, one bath, laundry, and a back patio. The front house is 795 sqft and offers another 2 bedrooms, one bath, a new furnace in Dec 2022, and an enclosed backyard. Photos are from 2023. Currently Tenant Occupied. Check financing options, Multi-Family may be required.
Details
Contract Information
List Price/SqFt: 418.49
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2024-04-06
Current Price: $555,000
Sold Price: $555,000
Property Sub-Type: Other
Location, Tax & Legal
Region: 10 - North West City
APN: 10038016
Legal Description: LOT 8 BLOCK 3X FLAGSTAFF TOWNSITE
Taxes: 1421
Tax Year: 2023
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 417
Direction: W
Street Name: Tucson
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.197118
Geo Lon: -111.656251
General Property Description
Lot Dimensions: 24.91x140.45x24.97x140.5
Year Built: 1945
Year Built Source: County
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Cap Rate: 1 - 7.9%
Vacancy %: 0%
Down Payment: Submit
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: To 6,000 SF
# Units: 2
Remarks & Misc
Directions: From S Milton Rd, turn west on W Tucson Ave. Home is on the right.
Status Change Info
Sold Price/SqFt: 357.6
Financing: Conventional
Sold Date: 2024-05-29
Sold Price: $555,000
Inc/Exp (Annual)
Scheduled Income $: 51600
Vacancy Rate %: 0
- Debt Service $: 18000
= Gross Op Income $: 51600
- Op Expenses $: 4000
= Net Op Income(NOI): 47600
Cap Rate %: 7.3
To Show
Appt Only/CLO: 1
Other: ShowingTime
Leases
Month to Month: 1
1 Year +: 1
Util incld in Rent
Sewer: 1
Water: 1
Potential Terms
Cash: 1
Conventional: 1
Interior Amenities
Dishwashers: 1
Disposals: 1
Laundry Area: 1
Range/Ovens: 1
Refrigerators: 1
Smoke/Heat Det.: 1
Wood Floors: 1
Other: lndry back only
Docs on File
Leases: 1
Exterior Amenities
Fenced: 1
Porch/Patio: 1
Priv Yards: 1
Sorage Units: 1
Other: storage front only
Lot Street Imprvmnts
Alley: 1
Paved Street: 1
Other: dirt alley
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
TV Cable: 1
Other: only 1 water meter
Heating
Central: 1
Natural Gas: 1
Cooling
None: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Metal: 1
Other: frnt asphlt, bck met
Currently Not Used
Approx SqFt: 1552
Property Features
To Show: Appt Only/CLO
Leases: Month to Month; 1 Year +
Util incld in Rent: Sewer; Water
Potential Terms: Cash; Conventional
Interior Amenities: Dishwashers; Disposals; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.; Wood Floors
Exterior Amenities: Fenced; Porch/Patio; Priv Yards; Sorage Units
Docs on File: Leases
Lot Street Imprvmnts: Alley; Paved Street
Utilities: City Water; Electric; Natural Gas; Sewer; TV Cable
Heating: Central; Natural Gas
Cooling: None
Construction: Frame - Wood
Roof: Asphalt Shingle; Metal
Management: Owner/Family
IDX
Listing Office: Best Flagstaff Homes Realty
Last Updated: September - 06 - 2024
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