$1,250,000
Flagstaff, AZ 86004
MLS# 6695321
1 / 7
Property Description
This is an investor's dream - a new duplex in the heart of east Flagstaff's booming 4th Street corridor! Forget maintenance and upkeep, this property is brand new with a 2 year builder's warranty and will save you expensive maintenance headaches for years to come. This beautiful property is located right in the middle of town, with convenient access to everything Flagstaff has to offer. Walking distance to dining and shopping. Don't miss this lucrative opportunity! Photos are of a recently completed project with exact same floor plan. Waiting on permit issuance from COF. Estimated completion date: 5/31/25. Note pending lot split (see photos). Owner/Agent
Details
Maps
Contract Info
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2024-04-22
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1919
Compass: E
Street Name: ARROWHEAD
St Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Zip4: 5136
Country: USA
County Code: Coconino
Legal Description (Abbrev): LOT 1,2 BLOCK 5 TRACT 5 SUNNYSIDE FARMS 5
Subdivision: SUNNYSIDE FARMS 5
Assessor's Map #: 6
Assessor's Parcel #: 83
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 107-06-083-A
Legal: LOT 1,2 BLOCK 5 TRACT 5 SUNNYSIDE FARMS 5
Census Tract: 300
Tax Municipality: Flagstaff
Taxes: 1366
Tax Year: 2023
Marketing Name: Arrowhead Duplex
General Property Description
Lot Size Dimensions: 188x61x188x61
Year Built: 2024
Uncvrd Parking Spcs: 3
Total # of Units: 2
# of Buildings: 1
Zoning: HR
Elementary School District: Flagstaff Unified District
High School District: Flagstaff Unified District
Remarks & Misc
Directions: From Route 66 between Enterprise and 4th St. in Flagstaff, head north on Arrowhead Ave. Property on left.
Geo Lat: 35.201066
Geo Lon: -111.620226
Status Change Info
Status Change Date: 2024-04-22
Legal Info
Township: 21N
Range: 07E
Section: 14
Block: 5
Lot Number: 1,2
Income & Expenses
Owner Association: No
Operating Exp: 1366
Gross Annual Sch Inc: 75000
Adjusted Gross Inc: 75000
Net Operating Income: 70000
Pmt & Rate Info
Cap Rate: 5.6
Equity: 1250000
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg SqFt: 1672
# Baths: 3
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Siding
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Building(s) Only
Community Amenities: No Pool
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave
Heating: Ceiling; Central; Heat Pump
Cooling: Ceiling Fan(s); Heat Pump
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: Unisource
Parking: Garage; <1 Space Per Unit; Free; Paved Parking
Roads/Streets: Asphalt; Sidewalk(s)
Owner Pays: None
Tenant Pays: Water; Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: Other
New Financing: Cash; Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Core Realty Professionals
Last Updated: April - 23 - 2024
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