305 N Mount Vernon Ave - Apartments FOR SALE


Prescott, AZ 86301
$799,900 USD
480-481-0032
305 N Mount Vernon Ave, Prescott, AZ for Sale
$799,900 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

305 N Mount Vernon Ave
Prescott, AZ 86301


OVERVIEW

OWNERS WILL CARRY WITH 20% DOWN, 5 YEARS AT 6.5%. Victorian 1924 National Historic Registered home. Major remodel in 2022. Unique BR zoning allowing commerial and or residential uses. Divided into 3 units, 1 - 2 bedroom 3/4 bath & kitchen with balcony, 2 - 1 bed ¾ baths kitchens. king and queen beds, big screen TVs, all furnished kitchens with stainless appliances and washer/dryer in each unit. All separte entrances, all separately metered with newer electrical panels, separate HVAC Units, High 12-15' Ceilings. Go to www.vrbo.com/3033275 for booking site. Approximate gross income for 2023 was $85,000. Perfect owner/manager live rent property or absentee owner with short term management in place. Very charming, historical and remodeled property tastefully decorated in theme with a Victorian Home approximately .6 mile to Downtown Prescott, Courthouse Square and Wiskey Row. Large lot with 12 high demand paved parking spaces. Room to add garage, separate buidling. A terrific neighborhood and location.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$318 USD /SF

# OF UNITS

3

PRICE/UNIT

$266,633

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prescott Historic Tri-plex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,806 SF

ZONING

BR

APN/PARCEL ID

114-02-021

ASK ABOUT THIS PROPERTY

William ClarksonBill Clarkson, CCIM Realty Executives CommercialMore Info
480-481-0032

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William ClarksonBill Clarkson, CCIM Realty Executives CommercialMore Info
480-481-0032

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.