Address not disclosed, Prescott, AZ 86305
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Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
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Paul Simari

Paul Simari

+1(928) 232-2792
Listed by Above The Best Realty LLC
$ 819,000
Est. payment /mo
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Price Dropped by $30K

Address not disclosed Prescott, AZ 86305

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Fleurys Addition

MLS Listing ID 1079302

Year Built 1914

Annual Tax Amount $1,765

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Source paar

Property Description

Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Unit 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

Location

State AZ

County Yavapai

Interior

Heating Forced - Gas, Wall Furnace

Cooling Ceiling Fan(s), Central Refriger, None, Other

Flooring Concrete, Laminate, Vinyl, Wood

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, WWT - City Sewer

Roof Type Asphalt,Rolled/Hot Mop

Street Surface Asphalt,Paved

Road Frontage City Street

Building

Story 1

Structure Type Block,Frame

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA

Prescott Area Association of Realtors (PAAR MLS)
Paul Simari

Paul Simari

Agent | SASA679860000

+1(928) 232-2792

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