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719 Lincoln Avenue, Prescott, AZ 86301

$590,000
Property Type: Multi-Family Square Footage: 1,856 Lot Size (sq. ft.): 5,663 Status: Pending
Current Price: $590,000 List Date: 3/26/2024 Last Modified: 4/20/2024

Description

Welcome to Your Next Investment Opportunity on Lincoln Ave, Prescott, AZ! WOW - Seller is offering to match Buyer's down payment up to 40K with Full Price offer. Nestled in the delightful ambiance of Prescott, AZ, this duplex presents an enticing investment opportunity just waiting to be seized! With its prime location near the vibrant heart of downtown Prescott, this property is perfect for those looking to capitalize on the allure of the area. This thoughtfully designed duplex encompasses 928 sqft of interior space, offering a cozy and comfortable living environment. Each unit within the duplex features 2 welcoming bedrooms, 1 full bathroom, and a spacious living room creating perfect living spaces that cater to comfort and convenience. Additionally, every unit boasts a garage CONT:

Supplements: supplemented by additional off-street parking, ensuring ample space for vehicles and storage. One of the exceptional highlights of this property is the small, fenced backyards that accompany each unit. These private outdoor spaces offer tenants a wonderful area to relax, unwind, and enjoy the outdoors, significantly enhancing the appeal of each residence. Tenants currently residing in both units have embraced these homes as their long-term residences, speaking volumes about the property's desirability and the stability it offers as an investment. Furthermore, with tenants responsible for all utilities, the property promises a more straightforward and efficient management experience for the new owner. Whether you're a seasoned investor or looking to embark on your first investment venture presents a golden opportunity. Don't miss out on the chance to own a piece of Prescott's charm, complete with a solid tenant foundation and in proximity to the exhilarating lifestyle of downtown.

More Information MLS# 1063024

Contract/Address/Legal

Original List Price: 590000 Listing Date: 2024-03-26 Status: Pending Listing Price: 590000 List Price/SqFt: 318 Rent/Lease: No Street #: 719 Street Name: Lincoln St Suffix: Avenue City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: Dameron Tract Neighborhood: N/A County: Yavapai Zoning: MF-M REO/Short Sale: Not Applicable Tax Parcel: 113-05-151 Assessor's Book #: 113 Assessor's Map #: 5 Assessor's Parcel #: 151 Legal: LOT 15 BLOCK 10 TRACT LOT DAMERON TRACT BOOK 2 PAGE 82

General Property Description

Lot #: 15 Bedrooms Possible: 2 Lot Size: 5600 Aprx Acres: 0.13 Total Liveable SqFt: 1856 Source of Measuremnt: County Assessor Buildings: 1 Stories: 1 Year Built: 1994 Management: Owner HOA Y/N: No Baths - Full: 2

Tax Info

Taxes: 1411 Tax Year: 2023

Remarks & Misc

Directions: Whipple Street, South on Lincoln Ave to property on Left.

Office/Member Info

Listing Exclusions: No Compensation: 2 Compensation Type: %

Status Change Info

Under Contract Date: 2024-04-19

Unit 1

Unit ID: A # BR: 2 # BA: 1 SqFt: 928 Rent $: 1400

Unit 2

Unit ID: B # BR: 2 # BA: 1 SqFt: 928 Rent $: 1400

Property Features

Building Type: Duplex Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger; Gas Pack External Amenities: Fence Flooring: Carpet; Laminate Heating: Forced - Gas; Gas Pack; Natural Gas Owner Pays: None Records Available: None Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Terms & Conditions: 1031 Exchange; Conventional Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: Garage; Off Street; Other - See Remarks Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Refrigerator Unit 2 Parking: Garage; Off Street Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Refrigerator
Listing Office: Realty Executives AZ Territory
Last Updated: April - 20 - 2024

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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