7883 E Addis Avenue, Prescott Valley, AZ 86314

$650,000
Property Type: Multi-Family Square Footage: 4,756 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $650,000 List Date: 12/16/2020 Last Modified: 1/03/2024

Description

Great investment opportunity in a quiet Prescott Valley neighborhood. This 5 plex is 100% occupied with a superb rental history. Each unit has its own patio or deck. 2 units have been remodeled in the last year. Nine brand new storage units great for some extra cash flow, six are 5X10 units on a slab and three are 8X10 indoors. Great location close to HWY 89A. Don't miss this rare opportunity.

More Information MLS# 1034913

Contract/Address/Legal

Original List Price: 675000 Listing Date: 2020-12-16 Status: Closed Listing Price: 675000 List Price/SqFt: 142 Rent/Lease: No Street #: 7883 Direction: E Street Name: Addis St Suffix: Avenue City/Township: Prescott Valley State: AZ Zip Code: 86314 Subdivision: Prescott Valley Unit #17 Neighborhood: N/A County: Yavapai Zoning: R1MH-10 RS-4 REO/Short Sale: Not Applicable Tax Parcel: 103-35-107A Assessor's Book #: 103 Assessor's Map #: 35 Assessor's Parcel #: 107 Assessor Parcel Ltr: A Legal: LOTS 5311 & 5312 SEC 35-15-1W PRESCOTT VALLEY UNIT 17 BOOK 14 PAGE 54

General Property Description

Lot #: 5311 Lot Size: 16574 Aprx Acres: 0.38 Total Liveable SqFt: 4756 Source of Measuremnt: County Assessor Stories: 2 Year Built: 1995 Management: Owner HOA Y/N: No Baths - Full: 5 More than 5 Units: Yes

Tax Info

Taxes: 2995 Tax Year: 2020

Remarks & Misc

Directions: From Hwy 89A, South on Viewpoint Dr, Left on Addis Ave to property on Right.

Office/Member Info

Listing Exclusions: No Compensation: 2.5 Compensation Type: %

Status Change Info

Under Contract Date: 2021-01-30 Sold Date: 2021-05-05 Sold Price: $650,000 Sold Price/SqFt: 137 Financing: Cash

Unit 1

Unit ID: A # BR: 1 # BA: 2 SqFt: 807 Rent $: 800

Unit 2

Unit ID: B # BR: 2 # BA: 1 SqFt: 808 Rent $: 950

Unit 3

Unit ID: C # BR: 2 # BA: 1 SqFt: 808 Rent $: 1100

Unit 4

Unit ID: D # BR: 1 # BA: 1 SqFt: 1081 Rent $: 950

Unit 5

Unit ID: E # BR: 1 # BA: 1 SqFt: 782 Rent $: 850

Property Features

Building Type: 5+ Units Construction: Block Cooling: Central Refriger; Gas Pack; Room Refrigeration External Amenities: Laundry Facilities; Patio/Deck/Balcony; Separate Storage Flooring: Carpet; Laminate; Tile; Vinyl Heating: Forced - Gas; Wall Unit Owner Pays: Trash; Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Terms & Conditions: 1031 Exchange; Conventional Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 2 Car; Off Street Unit 1 Info: Dishwasher; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection Unit 2 Parking: 2 Car; Off Street Unit 2 Info: Dishwasher; Disposal; Laundry Room; Porch/Patio; Range/Oven; Refrigerator Unit 3 Parking: 2 Car; Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Laundry Room; Porch/Patio; Range/Oven; Refrigerator Unit 4 Parking: 2 Car; Off Street Unit 4 Info: Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Storage Room Unit 5 Parking: 2 Car; Off Street Unit 5 Info: Disposal; Fire/Smoke Detector; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Realty One Group Mount. Desert
Last Updated: January - 03 - 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.

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.