8500 E Leigh Drive, Prescott Valley, AZ 86314

$600,000
Property Type: Multi-Family Square Footage: 2,446 Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $600,000 List Date: 1/29/2025 Last Modified: 5/14/2025

Description

Mirror Image Duplex Pulling 7.0% Cap Rate @ $3,880 a month income. Both Units have Central Heating and AC, 1 Car Garage Each, Dual Pane Windows, Large Driveway, Unit B has the larger gated backyard with access to the corner lot. 1 minute walk to Mountain Valley Park , Yavapai Lake, Dog Park, baseball and soccer fields, and Prescott Valley Rec Center. Prescott Valley has become a destination for those looking for a quieter pocket of AZ where residents can enjoy hiking and golfing. With great proximity to schools, parks, shopping centers and major commuter routes this property has ultimate appeal to tenants. Whether you are a seasoned investor or new to the market, this property on approx 1/4 of an acre is a great addition to your investment portfolio.

More Information MLS# 1070245

ContractAddressLegal

Original List Price: 650000 Listing Date: 2025-01-28 Status: Closed Listing Price: 625000 Street #: 8500 Direction: E Street Name: Leigh St Suffix: Drive City/Township: Prescott Valley State: AZ Zip Code: 86314 Subdivision: Prescott Valley 11 County: Yavapai Tax Parcel: 103-28-088

General Property Description

Lot #: 3303 Lot Size: 10317 Aprx Acres: 0.24 Total Liveable SqFt: 2446 Source of Measuremnt: County Assessor Buildings: 1 Stories: 1 Year Built: 1998 Management: Owner Cap %: 7 Lease $: 1980 HOA Y/N: No Baths - Full: 2 More than 5 Units: No

Tax Info

Taxes: 902 Tax Year: 2025

Status Change Info

Under Contract Date: 2025-03-29 Sold Date: 2025-05-10 Sold Price: $600,000 Sold Price/SqFt: 245 Financing: Cash

Unit 1

Unit ID: A # BR: 2 # BA: 2 SqFt: 1223 Rent $: 1980

Unit 2

Unit ID: B # BR: 2 # BA: 2 SqFt: 1223 Rent $: 1900

Property Features

Building Type: Duplex Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Refriger External Amenities: Fence; Landscaped Flooring: Carpet; Tile Heating: Forced - Gas Owner Pays: None Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Attached; Garage; Off Street Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection Unit 2 Parking: 1 Car; Attached; Garage; Off Street Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Compass
Last Updated: May - 14 - 2025
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