$585,000
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
Maps
Contract Information
Status: Closed
Listing Agreement Date: 2023-10-21
Current Price: $550,000
Sold Price: $550,000
List Price/SqFt: 281.25
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Transaction Type: Sale
Location Tax Legal
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
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Vacancy %: 2%
Cap Rate: CLO
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 2
Down Payment: $50,000 - 99,999
General Property Description
# of Units: 2
Year Built: 1966
Year Built Source: County
Status Change Info
Sold Date: 2024-01-31
Sold Price: $550,000
Sold Price/SqFt: 264.42
Financing: Owner Carry 1st
Currently Not Used
Approx SqFt: 2080
To Show
Other: one unit is vacant
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.
Listing Office: Linton Real Estate
Last Updated: September - 06 - 2024
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