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1409 Paar Drive

Prescott, AZ 86305
  • $1,075,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 6391594
UPDATED: 83 min ago
$1,075,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Lincoln Park
Type:
Multi-Family
Built:
1940
County:
Yavapai
Area:
Prescott

School Information

Elementary School:
Palo Verde Middle School
School District:
000 - Out of Area
School Ratings & Info

Description

Income Producer, take advantage of the additional parcel to Boost revenue! A Perfect property to implement the short term rental (Vacation Rental) strategy and/or add units to dramatically increase the revenue. Improvements to all 4 units made between 7/2021 - 12/2021. Please see details per seller in docs tab. Property Improvements - Per seller in docs tab Parcel 2: see attachment in docs tab. MULTIPLE OFFERS RECEIVED, ALL OFFERS REVIEWED & RESPONDED TO 5/7/22. ENTRY UPON CONTRACT ACCEPTANCE. Submit offers to: Michael@pacwestlending.com. CASH OFFERS: must provide proof of funds to close. FINANCED OFFERS: provide Loan approval & funds to close.

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-05-21T16:17:43.583.
www.yournextphoenixhome.com/homes/128215117
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1409 Paar Drive Prescott, AZ 86305

  • Price: $1,075,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 83 min ago
  • MLS #: 6391594
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Lincoln Park
County:
Yavapai
Area:
Prescott
Elementary School:
Palo Verde Middle School
School District:
000 - Out of Area
Property Description
Income Producer, take advantage of the additional parcel to Boost revenue! A Perfect property to implement the short term rental (Vacation Rental) strategy and/or add units to dramatically increase the revenue. Improvements to all 4 units made between 7/2021 - 12/2021. Please see details per seller in docs tab. Property Improvements - Per seller in docs tab Parcel 2: see attachment in docs tab. MULTIPLE OFFERS RECEIVED, ALL OFFERS REVIEWED & RESPONDED TO 5/7/22. ENTRY UPON CONTRACT ACCEPTANCE. Submit offers to: Michael@pacwestlending.com. CASH OFFERS: must provide proof of funds to close. FINANCED OFFERS: provide Loan approval & funds to close.
Exterior Features

Construction Frame - Wood Construction Finish PaintedSidingStucco Covered Parking Spaces 0.00 Exterior Amenities Other (See Remarks) Lot Size Dimensions 1.29 Acres Parking Other (See Remarks) Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 68266 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 776 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling See Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinylWood Heating See Remarks Interior Amenities Other (See Remarks)

Property Features

1 Bedroom Unit Avg Rent 1533.33 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1875.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 75525.00 Annual Other Expense 25823.53 Annual Ownr Asoc Fee 0.00 Community Amenities No PoolSee Remarks Cross Street Gail Gardner Highway & Paar Drive Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsCity Electric Gas Propane BottledSw Gas Gross Annual Sch Inc 79500.00 Hoa YN No Net Operating Income 49701.47 New Financing 1031 ExchangeAffordable HousingConventionalVa Operating Exp 27704.53 Other Income 0.00 Other Type House + Rental Units Owner Pays SewerWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Prescott Taxes 1881.00 Tenant Pays Cable TvElectricGas Totl Mnth Rntal Inc 6625.00 Vacancy Allowance 0.05 Water City Franchise Zoning (0310) MIXED CO

Listing provided by Delex Realty: (602) 910-3002.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-05-21T16:17:43.583.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206