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Listed by Arizona Commercial
$ 999,000
Est. payment /mo
Price Dropped by $101K
622 Western AVE Prescott, AZ 86305
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1080130
Year Built 1930
Lot Size 7,405 Sqft
Acres 0.17
Source paar
Property Description
Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of two 2-bedroom/1-bath units, two 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.
Location
State AZ
County Yavapai
Interior
Heating See Remarks
Cooling Other
Flooring See Remarks
Exterior
Exterior Feature Other
Utilities Available Other
Roof Type Other
Street Surface See Remarks
Road Frontage See Remarks
Building
Story 1
Structure Type Other
Others
Acceptable Financing Other - See Remarks
Listing Terms Other - See Remarks
Nearby Locations