• Prescott, AZ 86301

  • Commercial / REO Foreclosure

Property Details for null St, Prescott, AZ 86301

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Historic 1924 Victorian Home repurposed to 3 unit furnished rentals. Major remodel in 2022 is now generating strong income as a 3 unit residential rental income property. Zoned BR allows commercial, office and residential uses. 0.6+- miles to Courthouse Plaza, Downtown Prescott and Wiskey Row. Mount Vernon St. is highly sought after. Unit Mix: 1 - 2 bedroom 3/4 bath & kitchen with balcony, 2 - 1 bed ? baths kitchen. King and queen beds, big screen TVs, all furnished kitchens with stainless appliances and washer/dryer in each unit. All separate entrances, separately metered with newer electrical panels, separate HVAC Units, High 12-15' Ceilings.Owners Will Carry 15 years with 20% down 5.5%. 12 paved parking in the rear are part of the subject property.

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