247 S Pleasant Street, Prescott, AZ 86303

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Sold Price
$925,000
List Price
$975,000
Closing Date
Dec 21, 2023
Status
CLOSED
MLS#
1060641
City
Prescott
Lot Size
7,405
Subdivision
East Prescott Add
Year Built
1974

Property Description

This perfectly located triplex with a house attached, is a great investment opportunity. Currently all four units are fully leased out with month to month lease agreements. On a proforma valuation with $2.00 PSF Monthly rents and the current operating expenses this property will be a 6.4% CAP RATE. The house is 987 square feet and currently is rented for $1,500.00 monthly. The triplex's are each 1056 square feet, the second story units are rented for $1,250.00 monthly and the lower unit is $700.00 monthly. Lots of parking with Garages, onsite spaces and additional options for driveway and street parking. This property is located downtown only minutes away from the court house.

Additional Information

Acres
0.17
Construction
Wood Frame, Stucco
Cooling
Ceiling Fan(s), Room Refrigeration
Exterior Features
Landscaped, Patio/Deck/Balcony
Flooring
Carpet, Laminate, Tile
Heating
Electric, Natural Gas, Wall Unit(s)
Lot Size
7,405
Stories
2
Subdivision
East Prescott Add
Taxes
$2,190
Tax Year
2023
Utilities
Service - 220v, Electricity On-Site, Master Meters, Natural Gas On-Site, Water - City, WWT - City Sewer
Zoning
MF-M

Courtesy of Prescott Commercial Real Estate. Selling Office: Prescott Commercial Real Estate.

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

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