Listing MLS# 525449 Cottonwood AZ Real Estate
Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Cottonwood AZ real estate, Five Star Hgt - Cottonwood real estate for sale, Cottonwood, AZ homes for sale and Cottonwood real estate and Cottonwood homes.
Cottonwood, AZ 86326
- N/ABeds
- 0.00Total Baths
- 3,535SqFt
- 1977Year Built
- 0.24Acres
- 46 yearsEst Age
- MLS# 525449
- Multifamily
- Multi-Family
- Sold
- Approx Time on Market2 months, 18 days
- AreaCottonwood
- CountyYavapai
- Subdivision Five Star Hgt
Overview
A rare opportunity to purchase a stable income property with 0% vacancy for the past few years. CAP rate on Gross Annual is 7%. Each unit has a fenced back area. Newer laminate flooring and evaporative coolers. 2BR, 1 BA units averaging 800-900 SF each. Refrigerators included; washers and dryers belong to tenants. New silicone roof. Upgrades vary per unit based on move out. Long term renters. Owner May Carry up to $200,000 balance. Good opportunity with strong rental market.
Building Info
Year Built: 1,977
Construction: Block
Floors: Laminate, Tile
Internal Amenities: Ceiling Fan, Refrigerator
Roof Materials: Other (See Remarks)
Type Building: 2 - 4 Units
Financial
Asking Price Text: $485,000
Lot Info
Acres: 0
Road Access Type: City, Paved
Misc Info
Commercial Amenities: None
External Amenities: Fenced Backyard, Other - See Remarks, Patio/Deck
Parking Info
Parking: Off Street
Property Info
Class Type: Multi-Family
County: Yavapai
Business Type: Income
Road Maintenance: City Maintained
Sale / Lease Info
Sold Date: 2021-04-29 00:00:00
Sold Price: $470,000
Special Conditions: N/A
SqFt Info
Sqft: 3,535
Utilities / HVAC
Cooling: Evaporative Cooling, Other
Heating: Baseboard
Utilities Available: 220, Cable TV, City Water, Electricity, Individual Meter, Sewer (City), Telephone
Water Heater: Electric
Courtesy of Coldwell Banker Realty(voc)
MLS# 530659 
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