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About This Home
This 0-bedroom, 0-bathroom residential multi family at 622 Western Avenue in Prescott, AZ is listed for $999,000. Built in 1930, on a 0.17 acres lot.
Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of two 2-bedroom/1-bath units, two 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow.
Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.
Key Features
- Built in 1930
- 0.17 acre lot
Property Details
Monthly Cost Estimate
$5,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
622 Western Avenue
Prescott, AZ 86305
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 622 Western Avenue is listed at $999,000. The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.17 acre lot.
This property is listed by Abigail Chartier and can be reached at 9286423032 or abigail@arizonacre.com.
