611 Lincoln Avenue, Prescott, AZ 86301
$350,000
Property Type:
Multi-Family
Square Footage:
1,100
Lot Size (sq. ft.):
5,663
Status:
Closed
Current Price:
$350,000
List Date:
10/04/2023
Last Modified:
10/30/2023
Description
Owner may finance with right terms! Bring All Offers!
Great income opportunity! Live in one and rent the other! Duplex is on large, fenced lot, 2 large storage rooms, and is only 1 mile from beautiful downtown Prescott. Both units are 550 sq. ft. 1 bedroom and I bath. Both units have been completely remodeled: new laminate flooring, tiled bathrooms/showers, appliances, ductless mini-splits, 4 years old roof, paint inside and out, windows, and for extra income, a new coin operated laundry center. Unit A has new dishwasher.
Perfect location and easy to keep rented. Both units are below market value.
More Information MLS# 1055687
Contract/Address/Legal
Original List Price: 499500
Listing Date: 2023-04-17
Status: Closed
On-Market Date: 2023-05-01
Listing Price: 399700
List Price/SqFt: 363
Rent/Lease: No
Street #: 611
Street Name: Lincoln
St Suffix: Avenue
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Dameron Tract
Neighborhood: N/A
County: Yavapai
Zoning: RBMH
REO/Short Sale: Not Applicable
Tax Parcel: 113-08-062B
Assessor's Book #: 113
Assessor's Map #: 8
Assessor's Parcel #: 62
Assessor Parcel Ltr: B
Legal: LOTS 21 & 23 LOT 21A PER MP 2014-0008335 CONT 0.13 ACRES SECTION 33 TOWNSHIP 14 NORTH R ANGE 2 WEST DAMERON TRACT
General Property Description
Lot #: 21
Lot Size: 5601
Aprx Acres: 0.13
Total Liveable SqFt: 1100
Source of Measuremnt: County Assessor
Buildings: 1
Stories: 1
Year Built: 1967
Management: Owner
Gross Vol/Yr $: 25800
NOI $: 25800
HOA Y/N: No
Baths - Full: 2
More than 5 Units: No
Tax Info
Taxes: 675
Tax Year: 2022
Remarks & Misc
Directions: Miller Valley, turn east on Hillside, turn south on Lincoln, duplex on east side of street.
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2023-10-06
Sold Date: 2023-10-27
Sold Price: $350,000
Sold Price/SqFt: 318
Financing: Wrap
Unit 1
Unit ID: A
# BR: 1
# BA: 1
SqFt: 550
Rent $: 1150
Unit 2
Unit ID: B
# BR: 1
# BA: 1
SqFt: 550
Rent $: 1000
Property Features
Building Type: Duplex; Residential+
Construction: Frame - Wood
Cooling: Zoned
External Amenities: Fence; Landscaped; Laundry Facilities; Separate Storage
Flooring: Laminate; Tile
Heating: Zoned
Owner Pays: All
Possession: At Recordation
Records Available: Affidavit of Discl
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Terms & Conditions: 1031 Exchange; Conventional; FHA; Lease Purchase; Owner Leased Back; VA
Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 1 Car; Off Street
Unit 1 Info: Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; Storage Room
Unit 2 Parking: 1 Car; Off Street
Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; Storage Room
Documents
Tax Bill ›Listing Office: Clark Realty Homes and Land
Last Updated: October - 30 - 2023
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.