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135 N Montezuma Street, Prescott, AZ 86301

$3,145,000
Square Footage: 9,645 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $3,145,000 List Date: 8/31/2021 Last Modified: 9/15/2021

Description

Property is being sold ''AS IS''. Recently updated features to this historic facility. Unique tree-plaster in the hallways. Parking available in the rear of the building. Many of the units have new flooring. All have their own restrooms and kitchenettes. 9 Studio apartments; 8 one-bedroom units. All units start as a 6-month lease and on month-to-month leases. Rates have been steadily moving up the past few years. Further increases available. New hot water furnace installed. All units are on steam heat. Some tenants have installed their own window AC's. Rents include all utilities and the 2.75% city tax, Wi-Fi/Cable. However, there are separate gas and electric meters for all but one unit. See More..

Suppliments: 1/2 Block to the town square. Walkable to grocery stores and other shops, restaurants and entertainment district. Smoke detectors and CO2 detectors installed in 2018. Mechanical turbine, gravity wind powered fans in the ceiling.

More Information MLS# 1041732

Contract/Address/Legal

Original List Price: 3145000 Listing Price: 3145000 List Price/SqFt: 326 Listing Date: 2021-08-30 Rent/Lease: Yes Street #: 135 Direction: N Street Name: Montezuma St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: None Neighborhood: N/A County: Yavapai Zoning: DTB REO/Short Sale: Not Applicable Tax Parcel: 113-15-104A Assessor's Book #: 113 Assessor's Map #: 15 Assessor's Parcel #: 104 Assessor Parcel Ltr: A Legal: PRESCOTT LOT 6 BLK 8

General Property Description

Lot #: 6 Lot Size: 7512 Aprx Acres: 0.17 Total Liveable SqFt: 9645 Source of Measuremnt: County Assessor Buildings: 1 Stories: 2 Year Built: 1925 Management: Owner Gross Vol/Yr $: 209920 NOI $: 169371 Cap %: 5.39 HOA Y/N: No Baths - Full: 17 More than 5 Units: Yes

Tax Info

Taxes: 2820 Tax Year: 2020

Remarks & Misc

Directions: From Gurley go north to the building on the east side of the road. Just before Willis.

Status Change Info

Status: Active

Unit 1

Unit ID: Studio # BA: 1 SqFt: 356 Rent $: 840

Unit 2

Unit ID: Studio # BA: 1 SqFt: 356 Rent $: 870

Unit 3

# BR: 1 # BA: 1 SqFt: 529 Rent $: 1300

Unit 4

Unit ID: studio # BA: 1 SqFt: 315 Rent $: 850

Unit 5

Unit ID: Owmer's Unit # BR: 1 # BA: 1 SqFt: 525

Property Features

Building Type: 5+ Units; Residential+ Construction: Brick; Stucco Cooling: Ceiling Fan(s); Whole Bldg Fan; Other - See Remarks External Amenities: Patio/Deck/Balcony Flooring: Carpet; Laminate; Vinyl; Wood Heating: Steam Owner Pays: All Records Available: Record of Survey; Other - See Remarks Road Acc/Maint: Access-City; Access-Paved; Maint-City Roof: Other - See Remarks Terms & Conditions: Conventional; Other - See Remarks Utilities Installed: Cable TV; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas; Two or More Unit 1 Parking: Other - See Remarks Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 2 Parking: 1 Car; Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 3 Parking: 1 Car; Off Street Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 4 Parking: 1 Car; Off Street Unit 4 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 5 Parking: 1 Car; Off Street Unit 5 Info: Ceiling Fan(s); Fire/Smoke Detector; Range/Oven; Refrigerator; Storage Room; W/D Connection

Supplements

1/2 Block to the town square. Walkable to grocery stores and other shops, restaurants and entertainment district. Smoke detectors and CO2 detectors installed in 2018. Mechanical turbine, gravity wind powered fans in the ceiling.
Listing Office: GOLIATH COMMERCIAL REAL ESTATE
Last Updated: September - 15 - 2021
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