112 E Aubrey Street, Prescott, AZ 86303
$369,000
Property Type:
Multi-Family
Square Footage:
768
Lot Size (sq. ft.):
2,614
Status:
Active w/Contingency
Current Price:
$369,000
List Date:
2/13/2025
Last Modified:
5/01/2025
Description
This appealing property presents an excellent opportunity for anyone looking to invest in the Prescott Downtown market at a fraction of the typical cost. It is zoned for both Business General and Multifamily use, allowing for conversion into office or retail space, or it can continue to function as a successful duplex. Currently, the property features two rental units: a studio and a one-bedroom apartment, which previously yielded a monthly rental income of $2,170, with tenants covering utility expenses. Both tenants are month to month. Additionally, there is the option to convert it back into a single-family residence.
More Information MLS# 1068260
ContractAddressLegal
Original List Price: 425000
Listing Date: 2024-10-16
Status: Active w/Contingency
Listing Price: 369000
Street #: 112
Direction: E
Street Name: Aubrey
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: Prescott Original Township
County: Yavapai
Tax Parcel: 109-04-019a
General Property Description
Lot #: 23
Bedrooms Possible: 2
Lot Size: 2613
Aprx Acres: 0.06
Total Liveable SqFt: 768
Source of Measuremnt: County Assessor
Buildings: 1
Stories: 1
Year Built: 1934
Management: Owner
Gross Vol/Yr $: 26040
NOI $: 21285
Cap %: 5
CAM $: 4754
HOA Y/N: No
Baths - Full: 2
More than 5 Units: No
Tax Info
Taxes: 734
Tax Year: 2023
Status Change Info
Contingent Remarks: Accepted Offer - Take Backups
Unit 1
Unit ID: A
# BR: 1
# BA: 1
SqFt: 504
Rent $: 1100
Unit 2
Unit ID: B
# BA: 1
SqFt: 264
Rent $: 1070
Property Features
Building Type: Duplex
Construction: Frame - Wood
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Laundry Facilities; Patio/Deck/Balcony
Flooring: Carpet; Vinyl; Wood
Heating: Wall Unit
Owner Pays: Other - See Remarks
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Showing Instructions: Vacant Go Show
Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Listing Office: Prescott Commercial Real Estate
Last Updated: May - 01 - 2025
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