312 Bridge Street, Prescott, AZ 86303 (MLS# 1045564)

312 Bridge Street, Prescott, AZ 86303

$1,520,000
Property Type: Multi-Family Square Footage: 7,040 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $1,520,000 List Date: 2/28/2022 Last Modified: 12/09/2024

Overview

Description

312 and 314 Bridge St. to be sold together. Shared driveways and parking and shared coin operated laundry facility. Unique Prescott 8plex. This property has been professionally managed and excellently maintained for decades. Current rental rates below market and this property still has incredible/steady cash flow. 312 has AC and 314 will have new AC units installed in March 2022. Great location a block or so from Downtown Prescott. Ample parking for each building and covered parking on lower level for 312. Each unit has 1 full bath and a ''vanity'' space. Incredible opportunity to own a large money making property in Prescott

Listing Details MLS# 1045564

ContractAddressLegal

Original List Price
1690000
Listing Price
1690000
Street #
312
Street Name
Bridge
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
Murphys
County
Yavapai
Tax Parcel
109-08-087A

General Property Description

Lot #
Yes
Aprx Acres
0.22
Total Liveable SqFt
7040
Source of Measuremnt
County Assessor
Buildings
2
Stories
2
Year Built
1979
Management
Mgmt Company
Gross Vol/Yr $
70099
Vac Rate %
5
HOA Y/N
No
Baths - Full
8
More than 5 Units
Yes

Tax Info

Taxes
1794
Tax Year
2021

Status Change Info

Under Contract Date
2022-03-02
Sold Date
2022-04-20
Sold Price/SqFt
216
Financing
Cash

Unit 1

Unit ID
Yes
# BR
2
# BA
Yes
SqFt
880
Rent $
755

Unit 2

Unit ID
2
# BR
2
# BA
Yes
SqFt
880
Rent $
850

More Information

Unit 3

Unit ID
3
# BR
2
# BA
Yes
SqFt
880
Rent $
755

Unit 4

Unit ID
4
# BR
2
# BA
Yes
SqFt
880
Rent $
850

Unit 5

Unit ID
5
# BR
2
# BA
Yes
SqFt
880
Rent $
730

Property Features

Building Type: 5+ Units Construction: Frame - Steel Cooling: Ceiling Fan(s); Central Refriger; Other; See Remarks External Amenities: Laundry Facilities; Patio/Deck/Balcony; Separate Storage; Other - See Remarks Flooring: Carpet; Vinyl Heating: Forced - Gas Owner Pays: Trash; Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Off Street; Other - See Remarks Unit 1 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 2 Parking: 1 Car; Off Street; Other - See Remarks Unit 2 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 3 Parking: 1 Car; Off Street; Other - See Remarks Unit 3 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 4 Parking: 1 Car; Off Street; Other - See Remarks Unit 4 Info: Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 5 Parking: 1 Car; Off Street; Other - See Remarks Unit 5 Info: Dishwasher; Fire/Smoke Detector; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks
Listing Office: Southwest Property Sales Leasing
Last Updated: December - 09 - 2024
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