208 S SUMMIT Avenue, Prescott, AZ 86303
$765,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$765,000
Last Modified:
5/13/2025
Description
4-plex and detached cottage in prime location near Prescott Courthouse priced to sell! All 5 units are 1 bedroom, 1 bathroom and have a strong occupancy history. The 4 plex needs to be remodeled to maximize rents and future value. Sizable storage building in backyard. Cottage has been remodeled. View this opportunity soon!! **Please also view the listing next door at 204 Summit online**
More Information MLS# 6830838
Contract Info
Current Price: $765,000
List Price: $765,000
Status: Active
List Date: 2025-03-06
Ownership: Fee Simple
Location Tax Legal
House Number: 208
Compass: S
Street Name: SUMMIT
St Suffix: Avenue
City/Town Code: Prescott
State/Province: AZ
Zip Code: 86303
Zip4: 3735
Country: US
County Code: Yavapai
Subdivision: FLEURYS ADDITION
Assessor Number: 109-05-074
Tax Year: 2024
General Property Description
Lot Size Dimensions: 147x75x143x70
Year Built: 1929
Uncvrd Parking Spcs: 4
Total # of Units: 5
# of Buildings: 2
Zoning: MF
Elementary School District: Prescott Unified District
High School District: Prescott Unified District
Remarks Misc
Cross Street: Goodwin & Montezuma
Directions: From Montezuma, W on Goodwin to Summit, Turn R and
Geo Lat: 34.54006
Geo Lon: -112.475473
Status Change Info
Status Change Date: 2025-03-06
Legal Info
Township: 13
Range: 2W
Section: 4
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 36108
Net Operating Income: 30691.8
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 1003
Avg SqFt: 564
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame; Other
Const - Finish: Painted; Siding
Roofing: Composition
Floors: Vinyl; Carpet; Other
Sale Includes: Other (See Remarks)
Community Features: No Pool
Interior Amenities: Unfurnished
Appliances Included: Refrigerator
Heating: Natural Gas
Cooling: Window/Wall Unit; Other
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: Unisource
Parking Features: On Street
Owner Pays: Water; Trash Collection; Other
Tenant Pays: Electricity; Gas
Source of Fincl Data: Other (See Remarks)
Lockbox Type: Other; See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Seller May Carry
Environmental: None
Listing Office: CMA Realty
Last Updated: May - 13 - 2025
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