24 W Oak Avenue Unit 7, Flagstaff, AZ 86001

$775,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$775,000
List Price
$796,000
Closing Date
Jul 19, 2024
Days on Market
80
Status
CLOSED
MLS#
6699676
City
Flagstaff
Subdivision
Mt Elden Add
Year Built
2009

Property Description

Rare Opportunity for someone wanting to get into a SUCCESSFUL Investment OPPORTUNITY . Here is your chance to own 2 homes in one of Flagstaff's premier neighborhoods NOHO, live in one and STR the other to cover your mortgage. This exceptional property is unlike any other and features two distinct homes, one which includes a profitable STR. Both homes feature a low maintenance, modern architectural design with corrugated metal siding and roofs, hardie concrete board, accents of reclaimed barnwood and covered patios to enjoy the fresh mountain air. The 2 bedroom, 1.5 bath, 960 sqft home has a unique reverse layout which places the bedrooms on the main floor and the living spaces on the upper floor. As you enter the home you will fall in love with the concrete flooring and all the little details which include a Scandinavian built in desk, shoe rack and coat rack. A maple mahogany staircase ascends to the second level which showcases a luminous living area and kitchen complete with Birchwood flooring. The kitchen has concrete countertops, stainless steel appliances & stylish cabinets. Cathedral ceilings amplify the openness and natural light. The ADU(The Treehouse) above a 2-car garage provides flexible living arrangements. The Treehouse is open and bright and features cathedral ceilings and the same stylish and desirable amenities that the main home includes. Attention to detail is apparent throughout these homes and property. Both units are equipped with their own washer and dryer. This unique property would be ideal for owner occupants wanting to supplement their mortgage with rental income, investors and those looking for a multigenerational living situation. The ADU is currently a STR and grossed close to $40k in 2023. With close proximity to downtown Flagstaff activities, Buffalo Park and FMC; And you know what they say... LOCATION, LOCATION, LOCATION! This is a rare gem not to be missed!

Additional Information

School District
Flagstaff Unified District
Community Features
No Pool
Construction
Wood Frame, Siding
Cooling
Ceiling Fan(s)
Electric
APS, Individual Meter
Flooring
Wood, Concrete
Heating
2 or More Units, Electric, Natural Gas
New Financing
Conventional, VA Loan
Parking Features
Add'l Parking Avail, Attached, >1 Space Per Unit
Roofing
Metal
Sewer
Public Sewer
Subdivision
Mt Elden Add
Taxes
$5,092
Tax Year
2021
Units
2
Water
Master Meter, City Franchise
Zoning
Overlay

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RealtyONEGroup Mountain Desert. Selling Office: Non-MLS Office.