1122 White Spar Road, Unit A-F, Prescott, AZ 86303

$675,000

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Sold Price
$675,000
List Price
$750,000
Closing Date
Jul 23, 2024
Status
CLOSED
MLS#
1063904
City
Prescott
Lot Size
22,651
Subdivision
Mile High Properties
Year Built
1956

Property Description

Owner will carry with approximately 15% down payment, terms are negotiable. Nestled among the pines along White Spar Road, and only a few minutes from Downtown Prescott. This charming lodge cabin multifamily property host 6 units, 5 of which are rented currently. Unit A is a 3 bedroom, 1 bath. Unit B & C is a duplex unit each with 1 bedroom, 1 bath plus a full kitchen. Unit D & E is a duplex unit each with 1 Bedroom, 1 bath full kitchen, Unit E has a garage/storage unit. This property is an excellent investment as it sits right now or could be transformed to be a profit machine. There is lots of potential to increase rent closer to market rents and fully max out this property income.

Additional Information

Acres
0.52
Construction
Wood Frame, Other
Cooling
Ceiling Fan(s)
Exterior Features
Other
Flooring
Wood
Heating
Natural Gas
Lot Size
22,651
Stories
1
Subdivision
Mile High Properties
Taxes
$1,216
Tax Year
2023
Utilities
Cable TV On-Site, Electricity On-Site, Individual Meter, Telephone On-Site, Underground Utilities, Water - City, WWT - City Sewer
Zoning
BG

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Calculator source: Real Geeks

Listing courtesy of Prescott Commercial Real Estate. Selling Office: NON-MEMBER.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®