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136 E Merritt Street, Prescott, AZ 86301

$302,123
Property Type: Multi-Family Square Footage: 500 Lot Size (sq. ft.): 15,682 Status: Closed
Current Price: $302,123 List Date: 4/19/2021 Last Modified: 2/11/2022

Description

Developable .36 acre Multi Family lot in downtown Prescott with 2 existing cash flow rentals. Awesome rental homes close to hospital, schools, shopping, downtown-everything! The listing price includes 2 parcels and 2 mobile homes-136 and 142 E Merritt. Tax apns 113-01-008A,113-01-009A. Property info in the main listing is for 136 Merritt; the sf of this home is unknown and approximated, Unit 136 is tenant occupied-rented for $1100/mo, until Feb 28,2022. 142 Merritt is 2 bed 1 ba 672 sf. unit 142 is occupied and paying 1,000 in rent, leased until Feb 28,22. Cash only due to the ages of 2 of the homes. These have been great rentals and would be a good investor purchase. Green and white shed does not convey with the sale.

More Information MLS# 1037762

Contract/Address/Legal

Original List Price: 314123 Listing Date: 2021-04-19 Status: Closed Listing Price: 299123 List Price/SqFt: 598 Rent/Lease: No Street #: 136 Direction: E Street Name: Merritt St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: Dameron Park Addn Neighborhood: N/A County: Yavapai Zoning: RBMH REO/Short Sale: Not Applicable Tax Parcel: 113-01-008A, 113-01-009A Legal: LOT 11, BLOCK 4 DAMERON PARK ADD BOOK 3 PAGE 29

General Property Description

Lot #: 11 Lot Size: 15681 Aprx Acres: 0.36 Total Liveable SqFt: 500 Source of Measuremnt: County Assessor Stories: 1 Year Built: 1970 Management: Owner HOA Y/N: No Baths - Full: 2

Tax Info

Taxes: 730 Tax Year: 2020

Remarks & Misc

Directions: Take Whipple/Montezuma, go East on Merritt to signs on left.

Office/Member Info

Compensation: 2.5 Compensation Type: %

Status Change Info

Under Contract Date: 2022-01-23 Sold Date: 2022-02-11 Sold Price: $302,123 Sold Price/SqFt: 604 Financing: Exchange

Unit 1

Unit ID: 136 Merritt # BR: 3 # BA: 2 SqFt: 500 Rent $: 1100

Unit 2

Unit ID: 142 Merritt # BR: 2 # BA: 1 SqFt: 672 Rent $: 950

Property Features

Building Type: Other - See Remarks Construction: Frame - Wood Cooling: Ceiling Fan(s) External Amenities: Patio/Deck/Balcony Flooring: Laminate Heating: Forced - Gas Owner Pays: All Possession: Subject to Tenant Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Metal Utilities Installed: Cable TV; Electricity; Natural Gas Water Heater: Natural Gas Unit 1 Parking: Off Street Unit 1 Info: Porch/Patio; Range/Oven; Storage Room Unit 2 Parking: Off Street Unit 2 Info: Ceiling Fan(s); Porch/Patio; Range/Oven; W/D Connection
Listing Office: Rent Right
Last Updated: February - 11 - 2022

The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.

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