819 W Gurley Street, Prescott, AZ 86305 (MLS# 1065956)

Supplements: This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the cam ... (Read more) This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet area that services the entire property. The first building is single-family residence located at 819 W. Gurley St. is a one bedroom one bath free-standing home totaling +/-695 sf and was originally built in 1934 but recently renovated. The home includes a kitchen, dining room, living room with fireplace, a bedroom, a full bathroom, a laundry room, front porch and large fenced yard. Building A is a three-story walkup tri-plex that totals +/-2,568 sf and was built in 2004. There are three 2-bedroom 2 bath unit totaling +/-854 sf/ each. Each unit features an open kitchen area, living room, two bedrooms, two full bathrooms and a laundry room with stacked units. This entire building is fully fire sprinkled. Building B is split level one bedroom one bath free standing unit totaling +/-506 sf and was built in 1957 but recently renovated. The bedroom and full-size bathroom are both located on the main level and the kitchen and living room are located on the lower level. This unit offers a fenced patio area. Building C is a two story 3-bedroom 2 bath residence that totals +/-1,595 sf and was built in 2006. The first floor includes a kitchen and dining area, living room, bedroom, laundry room, a full bathroom and a fenced pet area. The second floor includes 2 separate bedrooms, a living room and a 3/4 bathroom.