$649,500
Flagstaff, AZ 86001
MLS# 196301
Status: Pending - Take Backup
1552 sqft
1 / 35
Property Description
LOCATION, LOCATION, LOCATION! TWO STAND ALONE HOMES on one Flagstaff Townsite Lot. Tucked into a quiet street located near NAU and downtown, the grocer, local coffee shops, and restaurants are all just a few blocks away. This property offers two remodeled homes that were fully updated since 2021 (walls, lights, floors, bathrooms, and appliances). The back house is 756 sqft and offers 2 bedrooms, one bath, laundry, and a back patio. The front house is 795 sqft and offers another 2 bedrooms, one bath, a new furnace in Dec 2022, and an enclosed backyard. Photos are from 2023. Currently Tenant Occupied. Check financing options, Multi-Family may be required.
Details
Maps
Contract Information
Current Price: $649,500
List Price: $649,500
List Price/SqFt: 418.49
Property Sub-Type: Other
Transaction Type: Sale
Public Marketing Date: 2024-04-06
Buyer Agency: 2.5
Buyer Agency Type: %
Co-Variable: No
Location, Tax & Legal
County: Coconino
Region: 10 - North West City
Area: 145 - Flagstaff Townsite
APN: 10038016
Street #: 417
Direction: W
Street Name: Tucson
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Legal Description: LOT 8 BLOCK 3X FLAGSTAFF TOWNSITE
Taxes: 1421
Tax Year: 2023
Geo Lat: 35.197118
Geo Lon: -111.656251
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Vacancy %: 0%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: To 6,000 SF
# Units: 2
Down Payment: Submit
General Property Description
Year Built: 1945
Year Built Source: County
Lot Dimensions: 24.91x140.45x24.97x140.5
Remarks & Misc
Directions: From S Milton Rd, turn west on W Tucson Ave. Home is on the right.
Status Change Info
Status: Pending - Take Backup
Currently Not Used
Approx SqFt: 1552
Inc/Exp (Annual)
Scheduled Income $: 51600
= Gross Op Income $: 51600
- Op Expenses $: 4000
= Net Op Income(NOI): 47600
- Debt Service $: 18000
Cap Rate %: 7.3
To Show
Other: ShowingTime
Interior Amenities
Other: lndry back only
Exterior Amenities
Other: storage front only
Lot Street Imprvmnts
Other: dirt alley
Utilities
Other: only 1 water meter
Roof
Other: frnt asphlt, bck met
Property Features
To Show: Appt Only/CLO
Leases: Month to Month; 1 Year +
Util incld in Rent: Sewer; Water
Potential Terms: Cash; Conventional
Interior Amenities: Dishwashers; Disposals; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.; Wood Floors
Exterior Amenities: Fenced; Porch/Patio; Priv Yards; Sorage Units
Docs on File: Leases
Lot Street Imprvmnts: Alley; Paved Street
Utilities: City Water; Electric; Natural Gas; Sewer; TV Cable
Heating: Central; Natural Gas
Cooling: None
Construction: Frame - Wood
Roof: Asphalt Shingle; Metal
Management: Owner/Family
Listing Office: Best Flagstaff Homes Realty
Last Updated: May - 01 - 2024
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