1715 N First Street, Flagstaff, AZ 86004 (MLS# 202345)


$3,400,000
1715 N First Street
Flagstaff, AZ 86004
MLS# 202345
10200 sqft


1715 N First Street, Flagstaff, AZ 86004
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Property Description
Investment Opportunity in the Heart of Flagstaff! This Sunnyside compound features 10 rental units with a strong rental history and a NOI of approx. 152K annually with some units currently renting under market. Units include: one 5BD/3BA home with garage, four 2BD/1BA homes, two 3BD/1BA homes, two 1BD/1BA homes, and a studio. Each unit is unique, tenant longevity is strong, and pride of ownership shows throughout. Ample parking and tons of charm with a treed communal courtyard in the center of the property. Excellent cash flow make this a rare Flagstaff investment! Truly a one of a kind property!

Details
Maps
Contract Information
Status: Active
Listing Agreement Date: 2025-10-02
Current Price: $3,400,000
List Price: $3,400,000
List Price/SqFt: 333.33
Owner/Agent: No
Property Sub-Type: Other
Transaction Type: Sale
Location Tax Legal
County: Coconino
Area: 400 - Sunnyside
Street #: 1715
Direction: N
Street Name: First
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.20427
Geo Lon: -111.617169
Key Words
Sale/Rent: For Sale
Net Op Inc: $150,000 - 199,999
Vacancy %: 0%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: .5 - .9 AC
# Units: 9 - 64
Down Payment: Submit
General Property Description
# of Units: 10
Year Built: 1976
Year Built Source: County
Currently Not Used
Approx SqFt: 10200
To Show
Other: Call Listing Agent
Property Features
To Show: Appt Only/CLO; No Sign on Prop
Leases: Month to Month; 1 Year +
Util incld in Rent: Electicity; Natural Gas; Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional; Submit
Interior Amenities: Carpet/Tile; Range/Ovens; Refrigerators; Wood Floors
Exterior Amenities: Garages; Porch/Patio
Docs on File: Aerial Photo; Current P & L; Leases; Legal Descrip.; Owner Op Stmnt; Security Dpsts
Lot Street Imprvmnts: Paved Parking; Paved Street; Street Parking
Utilities: City Water; Electric; Natural Gas; Sewer
Heating: Central; Natural Gas; Wall Furnace
Construction: Frame - Wood
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Owner/Family

Listing Office: Realty One Group, Mountain Desert

Last Updated: October - 23 - 2025

1715 N First Street, Flagstaff, AZ 86004 - MLS# 202345

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