$729,000
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SOLD DATE : 05/12/2023
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hopkins Rch 1 - 3
MLS Listing ID 532342
Sold Date 05/12/23
Year Built 1958
Annual Tax Amount $935
Tax Year 2022
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This triplex has three independent separate dwellings rather than shared walls. Each unit has its own fenced backyard and 2+ dedicated parking spaces. Additionally, there is a professionally beautified shared/fenced larger backyard for the entire property. All units have new roofs, HVAC, vinyl plank flooring, granite counters, appliances, landscaping and much more. Local STR specialized property manager is estimating approximately $142,000 gross annual income- see attached proforma document.
This property is a 5 minute walk from the heart of Old Town Cottonwood and also a short distance to the Verde River and trails. Property just needs furnishings and is ready for the rental market. SEE THE ATTACHED DOCUMENT FOR PRIMARY RESIDENCE FINANCING
Location
State AZ
Community Hopkins Rch 1 - 3
Zoning R-2
Direction From Main Street drive towards Old Town Cottonwood. Turn right on 4th Street. Property on left side of street.
Interior
Heating Electric, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Vinyl
Appliance Refrigerator
Exterior
Roof Type Composition
Private Pool No
Building
Sewer None, Public Sewer
Water Individual Meter, Private
New Construction No
Others
Senior Community No
Tax ID 40638042a
Acceptable Financing CTL, 1031 Exchange
Listing Terms CTL, 1031 Exchange
Financing Conventional
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Bought with Realty ONE Group Mountain Desert