$650,000
Flagstaff, AZ 86001
MLS# 189410
Status: Closed
2010 sqft
1 / 32
Property Description
Both units were fully remodeled in 2011. Units are in great shape. Front house is a 4 bedroom/ 2 bath and is rented for $2650/mo. Tenants are going on their third year which expires 5/31/2023. Back house is 1 bedroom/1 bath and is rented for $1275/mo. Those tenants are going on their fourth year which expires April 30, 2023. All utilities are separated metered and paid by the tenants except water/sewer/trash. Owner pays water/sewer/trash which average $100/mo. Please do not bother tenants. Seller is a licensed Real Estate Broker in the state of Arizona.
Details
Contract Information
List Price/SqFt: 323.38
Transaction Type: Sale
Status: Closed
Listing Agreement Date: 2022-04-08
Current Price: $650,000
Sold Price: $650,000
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Location, Tax & Legal
Region: 10 - North West City
APN: 10035004
Cross Street: Clay and Elliot
Legal Description: FLAGSTAFF TOWNSITE Block: 4Z Lot: 9 AND:- Lot: 10 , Sixteenth: SE Quarter: SW Section: 16 Township: 21N Range: 07E
Taxes: 1793.8
Tax Year: 2021
County: Coconino
Area: 150 - Flagstaff Old Town
Street #: 818
Direction: W
Street Name: Clay
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.196139
Geo Lon: -111.660287
General Property Description
Year Built: 1936
Year Built Source: County
# of Units: 2
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: 6,001 - 12,000 SF
# Units: 2
Remarks & Misc
Directions: Milton to Clay Ave. House on the Right
Status Change Info
Sold Price/SqFt: 323.38
Financing: Conventional
Sold Date: 2022-06-07
Sold Price: $650,000
Inc/Exp (Annual)
Scheduled Income $: 47100
= Gross Op Income $: 47100
- Op Expenses $: 3655.3
= Net Op Income(NOI): 43444.7
Cap Rate %: 6.7
To Show
Appt Only/CLO: 1
Call Owner: 1
No Sign on Prop: 1
Leases
1 Year +: 1
Util incld in Rent
Sewer: 1
Trash Collection: 1
Water: 1
Potential Terms
Cash: 1
Conventional: 1
Interior Amenities
Carpet/Tile: 1
Dishwashers: 1
Disposals: 1
Duo-Pane Wind.: 1
Laundry Area: 1
Range/Ovens: 1
Refrigerators: 1
Smoke/Heat Det.: 1
Docs on File
Leases: 1
Legal Descrip.: 1
Security Dpsts: 1
Exterior Amenities
Fenced: 1
Landscaped: 1
Porch/Patio: 1
Sprinkler System: 1
Lot Street Imprvmnts
Alley: 1
Curb/Gutters: 1
Paved Parking: 1
Sidewalks: 1
Unpaved Parking: 1
Utilities
City Water: 1
Electric: 1
Indiv. Metered: 1
Natural Gas: 1
Primary Meter: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Heating
Natural Gas: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 2010
Property Features
To Show: Appt Only/CLO; Call Owner; No Sign on Prop
Leases: 1 Year +
Util incld in Rent: Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional
Interior Amenities: Carpet/Tile; Dishwashers; Disposals; Duo-Pane Wind.; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.
Exterior Amenities: Fenced; Landscaped; Porch/Patio; Sprinkler System
Docs on File: Leases; Legal Descrip.; Security Dpsts
Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Parking; Sidewalks; Unpaved Parking
Utilities: City Water; Electric; Indiv. Metered; Natural Gas; Primary Meter; Sewer; Telephone; TV Cable
Heating: Natural Gas
Construction: Frame - Wood
Roof: Asphalt Shingle
Management: Owner/Family
IDX
Listing Office: West USA Realty Flagstaff
Last Updated: September - 06 - 2024
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