$775,710
Flagstaff, AZ 86001
MLS# 181965
Status: Closed
5967 sqft

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Property Description
Rare multi-family development opportunity in coveted NoHo area. Surrounded by single family homes, multi family, churches, schools, and offices. Most recent use has been a mortuary but has been closed for several years. Property is zoned Medium Density Multi-Family which allows for up to 12 units under the current code, to be verified with the City of Flagstaff Planning and Zoning Department. * Walking distance to Flagstaff Medical Center, employer of over 2,000 employees. * 0.89 acres, zoned Medium Density Multi-Family, in highly desirable NoHo Flagstaff location. * Convenient to public transportation.
Details
Maps
Contract Information
Status: Closed
Listing Agreement Date: 2020-06-22
Current Price: $698,960
Sold Price: $698,960
List Price/SqFt: 130
Property Sub-Type: Other
Transaction Type: Sale
Location Tax Legal
County: Coconino
Area: 130 - NoHo
Street #: 302
Direction: W
Street Name: Oak
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.212517
Geo Lon: -111.64583
Key Words
Sale/Rent: For Sale
Net Op Inc: CLO
Vacancy %: 20%+
Cap Rate: CLO
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: .5 - .9 AC
# Units: 2
Down Payment: Submit
General Property Description
Year Built: 1949
Year Built Source: County
Status Change Info
Sold Date: 2021-10-19
Sold Price: $698,960
Sold Price/SqFt: 117.13
Financing: Cash
Currently Not Used
Approx SqFt: 5967
Docs on File
Other: CLO
Property Features
Listing Office: da Vinci Realty
Last Updated: September - 06 - 2024
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