202 W Merritt Street, Prescott, AZ 86301

Property Description

Just minutes from the vibrant heart of downtown, this well-maintained manufactured home offers a rare blend of comfort, convenience, and investment potential on a spacious multi-family zoned homesite. The property welcomes you with a charming front exterior that provides ample parking, including space for an RV, along with plenty of room to accommodate a variety of lifestyles or investment needs.Inside, the home opens to a generously sized living room that serves as the central gathering space of the home. A cozy wood-burning stove adds warmth and character. The living area flows easily into the kitchen, where you'll find a stainless-steel range and abundant cabinetry, providing functionality and ample storage for everyday living.The primary bedroom offers a comfortable and private retreat, complete with its own ensuite bathroom designed for convenience and relaxation at the end of the day. Three additional bedrooms provide excellent flexibility, whether used for family members, guests, a home office, or hobby space. A second full bathroom is thoughtfully positioned to serve these rooms. Throughout the home, a combination of carpet and durable vinyl flooring provides comfort underfoot while maintaining easy, low-maintenance care.Outside, the backyard extends the home's living space with a patio that is perfect for enjoying fresh air, outdoor dining, or quiet mornings. A separate storage room adds practical functionality, while a dedicated dog run provides a safe and secure space for pets. The generous yard space, combined with the valuable multi-family zoning, creates the potential to add another unit and maximize income possibilities.With a previous rental history producing an impressive 8% cap rate, this property presents a strong opportunity for investors while still offering comfortable living for an owner-occupant. Seller financing is available with $100,000 down, and additional lending options may also be available, making this a versatile opportunity for buyers looking to secure a property with both lifestyle and income potential.