$584,900
Flagstaff, AZ 86004
MLS# 196035
2162 sqft
1 / 17
Property Description
Great investment opportunity located only 3.4 miles from Northern Arizona University. This duplex boasts two 3-bedroom, 1 bathroom units with existing long term renters in both. Renters pay all utilities, both on month to month leases, NO HOA. Both gas heaters were replaced in 2021, roof was replaced in 2015. Flagstaff zoning allows for multi-units up to triplexes, this property could be added onto to allow for a third unit! Lots of potential for section 8 housing through the Flagstaff Public Housing Authority. This is an exciting opportunity for an investor looking for a property that is already set up to start making money right off the bat.
Details
Maps
Contract Information
Current Price: $584,900
List Price: $584,900
List Price/SqFt: 270.54
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Transaction Type: Sale
Public Marketing Date: 2024-03-08
Buyer Agency: 2.5
Buyer Agency Type: %
Co-Variable: No
Location, Tax & Legal
County: Coconino
Region: 40 - North East City
Area: 400 - Sunnyside
APN: 10911005d
Street #: 2315
Direction: N
Street Name: Center
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Legal Description: SIXTEENTH: SW QUARTER: SE SECTION: 11 TOWNSHIP: 21N RANGE: 7E N 53' OF FLLWNG: BEG AT SE COR LOT 1 BL K 2 SUNNYSIDE N. A
Taxes: 1806
Tax Year: 2023
Geo Lat: 35.211613
Geo Lon: -111.620442
Key Words
Sale/Rent: For Sale
Net Op Inc: CLO
Vacancy %: 0%
Cap Rate: CLO
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 2
Down Payment: Submit
General Property Description
# of Units: 2
Year Built: 1963
Year Built Source: County
Lot Dimensions: 53.1x130.25x53.1x129.97
Remarks & Misc
Directions: From I-40 Exit E Butler Ave take a right. Take a left on N Fourth St. Continue on Fourth St take a left on E 3rd Ave. Take a right on N Center St. Property will be on the left. No sign.
Status Change Info
Status: Active
Currently Not Used
Approx SqFt: 2162
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter; No Sign on Prop
Leases: Month to Month
Potential Terms: Cash; Conventional; FHA; VA Loan
Interior Amenities: Carpet/Tile; Dishwashers; Laundry Area; Range/Ovens; Refrigerators
Exterior Amenities: Fenced; Wooded
Lot Street Imprvmnts: Paved Street; Sidewalks
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Heating: Natural Gas
Cooling: None
Construction: Masonry
Roof: Asphalt Shingle
Flood Zone: None
Management: Owner/Family
Listing Office: Better Homes And Gardens Real Estate BloomTree Realty
Last Updated: March - 20 - 2024
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