7980 E Lakeshore Drive, Prescott Valley, AZ 86314

$660,000

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List Price
$660,000
Price Change
▼ $15,000 1777339970
Status
ACTIVE
MLS#
1079475
City
Prescott Valley
Lot Size
12,820
Subdivision
Prescott Valley 2
Year Built
1997

Property Description

Turnkey 4-Plex Investment Opportunity! Well-maintained 4 unit multifamily property featuring four 1 bedroom, 1 bath units. All currently occupied. This property offers strong, consistent cash flow with immediate income in place. Each unit has a functional layout appealing to long term tenants, making it an ideal addition to any investor's portfolio. Low vacancy history and solid rental demand provide excellent income potential with upside for future rent growth. Conveniently located near shopping, dining, and major commuter routes. A great opportunity for both seasoned investors and those looking to enter multifamily ownership. The rents are low for the current market. These one bedrooms should rent for $1100 per month. Unit C is rented at $1200 per because it is a VA tenant and all utilities are included. All leases are MTM except unit C.

Additional Information

Acres
0.29
Construction
Frame
Cooling
Ceiling Fan(s), Central Refriger
Flooring
Carpet, Tile, Vinyl
Heating
Forced - Gas
Lot Size
12,820
Stories
1
Subdivision
Prescott Valley 2
Taxes
$1,881
Tax Year
2025
Utilities
Electricity Available, Individual Meter, Natural Gas Available, WWT - City Sewer
Water
Public
Zoning
MFRU

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Calculator source: Real Geeks

Listing courtesy of Denton Real Estate and Management.

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