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    135 N Montezuma Street

    Prescott, AZ 86301
    • $3,145,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 1041732
    $3,145,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,645
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    Property is being sold ''AS IS''.Recently updated features to this historic facility. Unique tree-plaster in the hallways. Parking available in the rear of the building. Many of the units have new flooring. All have their own restrooms and kitchenettes. 9 Studio apartments; 8 one-bedroom units. All units start as a 6-month lease and on month-to-month leases. Rates have been steadily moving up the past few years. Further increases available. New hot water furnace installed. All units are on steam heat. Some tenants have installed their own window AC's. Rents include all utilities and the 2.75% city tax, Wi-Fi/Cable. However, there are separate gas and electric meters for all but one unit. See More..1/2 Block to the town square. Walkable to grocery stores and other shops, restaurants and entertainment district. Smoke detectors and CO2 detectors installed in 2018. Mechanical turbine, gravity wind powered fans in the ceiling.

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    © 2021 Prescott Area Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Iannelli & Associates Real Estate. Data last updated: 2021-09-26T23:51:23.12.
    www.shellywatne.com/homes/120976232
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    135 N Montezuma Street Prescott, AZ 86301

    • Price: $3,145,000
    • Status: Active
    • ID#: 1041732
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    9,645
    SQFT
    $326
    $/SQFT
    1925
    Built
    Neighborhood:
    None
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    Property is being sold ''AS IS''.Recently updated features to this historic facility. Unique tree-plaster in the hallways. Parking available in the rear of the building. Many of the units have new flooring. All have their own restrooms and kitchenettes. 9 Studio apartments; 8 one-bedroom units. All units start as a 6-month lease and on month-to-month leases. Rates have been steadily moving up the past few years. Further increases available. New hot water furnace installed. All units are on steam heat. Some tenants have installed their own window AC's. Rents include all utilities and the 2.75% city tax, Wi-Fi/Cable. However, there are separate gas and electric meters for all but one unit. See More..1/2 Block to the town square. Walkable to grocery stores and other shops, restaurants and entertainment district. Smoke detectors and CO2 detectors installed in 2018. Mechanical turbine, gravity wind powered fans in the ceiling.
    Exterior Features

    Construction BrickStucco External Amenities Patio/Deck/Balcony Lot Size 7512 Roof Other - See Remarks Unit1 Parking Other - See Remarks Unit2 Parking 1 CarOff Street Unit3 Parking 1 CarOff Street Unit4 Parking 1 CarOff Street Unit5 Parking 1 CarOff Street

    Interior Features

    Cooling Ceiling Fan(S)Other - See RemarksWhole Bldg Fan Flooring CarpetLaminateVinylWood Heating Steam Unit1 Baths 1.00 Unit1 Info Ceiling Fan(S)Fire/Smoke DetectorsRange/OvenRefrigerator Unit1 Sq Ft 356 Unit2 Baths 1.00 Unit2 Info Ceiling Fan(S)Fire/Smoke DetectorsRange/OvenRefrigerator Unit2 Sq Ft 356 Unit3 Baths 1.00 Unit3 Bedrooms 1 Unit3 Info Ceiling Fan(S)Fire/Smoke DetectorsRange/OvenRefrigerator Unit3 Sq Ft 529 Unit4 Baths 1.00 Unit4 Info Ceiling Fan(S)Fire/Smoke DetectorsRange/OvenRefrigerator Unit4 Sq Ft 315 Unit5 Baths 1.00 Unit5 Bedrooms 1 Unit5 Info Ceiling Fan(S)Fire/Smoke DetectorRange/OvenRefrigeratorStorage RoomW/D Connection Unit5 Sq Ft 525 Water Heater Natural GasTwo Or More

    Property Features

    Building Type 5+ UnitsResidential+ Buildings 1 Cap Percent 5.39 Gross Vol Yr 209920.00 Hoa YN No Lot Number 6 Management Owner More Than5 Units Yes Neighborhood N/A NOI 169371.00 Owner Pays All Records Available Other - See RemarksRecord Of Survey Rent Lease Yes Reo Or Short Sale Not Applicable Road Access And Maintenance Access-CityAccess-PavedMaint-City Source Of Measurement County Assessor Tax Year 2020 Taxes 2820.00 Terms And Conditions CashConventionalOther - See Remarks Unit1 Rent 840.00 Unit1 Unit ID Studio Unit2 Rent 870.00 Unit2 Unit ID Studio Unit3 Rent 1300.00 Unit3 Unit ID Yes Unit4 Rent 850.00 Unit4 Unit ID Studio Unit5 Unit ID Owmer's Unit Utilities Installed Cable TvNatural GasWater - CityWwt - City Sewer Vacancy Rate Percent 0.00 Zoning Dtb

    Listing information © 2021 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of David L Parker of Goliath Commercial Real Estate.


    © 2021 Prescott Area Association of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Iannelli & Associates Real Estate. Data last updated: 2021-09-26T23:51:23.12.
     
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    Iannelli & Associates Real Estate
    11672 E Manzanita Trail
    Dewey AZ, 86327