415 S Marina Street, Prescott, AZ 86303 (MLS# 1011240)

415 S Marina Street, Prescott, AZ 86303

$1,485,000
Property Type: Multi-Family Square Footage: 8,556 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $1,485,000 List Date: 4/17/2018 Last Modified: 10/10/2018

Overview

Description

Well maintained 10 unit complex near downtown. These two bedroom, 1.5 bath units have easy living floorplan. Open living downstairs feels spacious with living, dining, kitchen and .5 bath which flows to outside fenced small patio/yard and storage. Upstairs has two nice size bedrooms and full bath. These units are easy to lease. Would make nice short term rentals. Property was platted as condos and county says they could be replatted.These units have still have some upside to rents. Can't find these often.

Listing Details MLS# 1011240

ContractAddressLegal

Original List Price
1485000
Listing Price
1485000
Street #
415
Direction
S
Street Name
Marina
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
County
Yavapai
Tax Parcel
109-04-083N

General Property Description

Lot #
8
Aprx Acres
0.34
Total Liveable SqFt
8556
Source of Measuremnt
Owner
Buildings
2
Stories
2
Year Built
1982
Management
Owner
Gross Vol/Yr $
116551
NOI $
92700
Vac Rate %
3
Cap %
6.24
HOA Y/N
No
Baths - Full
10
More than 5 Units
Yes

Tax Info

Taxes
4021
Tax Year
2017

Status Change Info

Under Contract Date
2018-04-20
Sold Date
2018-05-18
Sold Price/SqFt
174
Financing
Cash

Unit 1

Unit ID
Yes
# BR
2
# BA
1.5
SqFt
843
Tenant Utilities
Elec, Gas
Rent $
1025

Unit 2

Unit ID
2
# BR
2
# BA
1.5
SqFt
843
Tenant Utilities
Elec, Gas
Rent $
922

More Information

Unit 3

Unit ID
3
# BR
2
# BA
1.5
SqFt
843
Tenant Utilities
Elec, Gas
Rent $
845

Unit 4

Unit ID
4
# BR
2
# BA
1.5
SqFt
843
Tenant Utilities
Elec, Gas
Rent $
972

Unit 5

Unit ID
5
# BR
2
# BA
1.5
SqFt
843
Tenant Utilities
Elec, Gas
Rent $
855

Property Features

Building Type: 5+ Units Construction: Stucco Cooling: Central Refriger External Amenities: Fence; Landscaped; Laundry Facilities Flooring: Carpet; Laminate Heating: Forced - Gas Owner Pays: Trash; Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Rolled/Hot Mop Utilities Installed: Cable TV; Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Off Street Unit 1 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room Unit 2 Parking: 1 Car; Off Street Unit 2 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room Unit 3 Parking: 1 Car; Off Street Unit 3 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room Unit 4 Parking: 1 Car; Off Street Unit 4 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room Unit 5 Parking: 1 Car; Off Street Unit 5 Info: Disposal; Fire/Smoke Detector; Microwave; Porch/Patio; Range/Oven; Storage Room
Listing Office: Invest Southwest
Last Updated: October - 10 - 2018
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