Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
Address not disclosed, Prescott, AZ 86305
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Kevin & Tisha Coffman

Kevin & Tisha Coffman

+1(307) 763-9558
Listed by Realty Executives Arizona Territory
$ 775,000
Est. payment | /mo

7,840 Sqft Lot

Save
$ 775,000
Est. payment | /mo
Save

7,840 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Fleurys Addition

MLS Listing ID 1079302

Year Built 1914

Annual Tax Amount $1,765

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Source paar

Property Description

Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Unit 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

Location

State AZ

County Yavapai

Interior

Heating Forced - Gas, Wall Unit(s)

Cooling Ceiling Fan(s), Other, None, Central Refriger

Flooring Concrete, Wood, Vinyl, Laminate

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, WWT - City Sewer, Phone Available, Natural Gas Available, Electricity Available

Roof Type Asphalt,Rolled/Hot Mop

Street Surface Asphalt,Paved

Road Frontage City Street

Building

Story 1

Structure Type Block,Frame

Others

Acceptable Financing 1031 Exchange, VA, FHA, Conventional, Cash

Listing Terms 1031 Exchange, VA, FHA, Conventional, Cash

Prescott Area Association of Realtors (PAAR MLS)
Kevin & Tisha Coffman

+1(307) 763-9558

kevinstoryrealtor@gmail.com

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