$820,000
Flagstaff, AZ 86001
MLS# 6699676
1 / 25
Property Description
Rare Opportunity to own 2 homes nestled in one of Flagstaff's premier neighborhoods north of the Flagstaff Medical Center. This exceptional duplex is unlike any other and features two distinct homes. Both homes feature a low maintenance, modern architectural design with corrugated metal siding and roofs, hardie concrete board, accents of reclaimed barnwood and covered patios to enjoy the fresh mountain air. The 2 bedroom, 1.5 bath, 960sqft home has a unique reverse layout which places the bedrooms on the main floor and the living spaces on the upper floor. As you enter the home you will fall in love with the attention to detail that includes a Scandinavian built in desk, shoe rack and coat rack and concrete flooring.
Details
Maps
Contract Info
Current Price: $820,000
List Price: $820,000
Status: Active
List Date: 2024-05-01
Ownership: Fee Simple
Subagents: Y
Sub Agent $/%: %
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 24
Compass: W
Street Name: OAK
St Suffix: Avenue
Unit #: 7
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Zip4: 1563
Country: USA
County Code: Coconino
Subdivision: MT ELDEN ADD
Assessor's Map #: 7
Assessor's Parcel #: 71
Add'l Parcels: No
Assessor Number: 110-07-071
Legal: Subdivision: OAK 24 Lot: A Sixteenth: SE Quarter: SW Section: 10 Township: 21N Range: 07E
Census Tract: 200
Tax Municipality: Flagstaff
Taxes: 5092
Tax Year: 2021
Marketing Name: NoHo
General Property Description
Lot Size Dimensions: 158.33x51.4x89.8x181.52
Year Built: 2009
Uncvrd Parking Spcs: 1
Total # of Units: 2
# of Buildings: 2
Zoning: Overlay
Elementary School District: Flagstaff Unified District
High School District: Flagstaff Unified District
Remarks & Misc
Directions: Beaver Street to Oak St, Right on Oak, homes are on the left. Please park on Oak Street.
Geo Lat: 35.21242
Geo Lon: -111.643472
Status Change Info
Status Change Date: 2024-05-02
Legal Info
Lot Number: 24
Income & Expenses
Owner Association: No
Operating Exp: 5092
Gross Annual Sch Inc: 62000
Adjusted Gross Inc: 62000
Net Operating Income: 42000
Pmt & Rate Info
Cap Rate: 4.98
Down Payment %: 20
Monthly Payments: 12
Equity: 843000
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Efficiency Units
# Efficiency Units: 1
Avg SqFt: 440
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 3200
Avg SqFt: 420
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 2000
Avg SqFt: 960
# Baths: 2
Property Features
Project Type: Duplex
Other Type: House + Rental Units
Construction: Frame - Wood
Const - Finish: Siding; Other (See Remarks)
Roofing: Metal
Floors: Concrete; Wood
Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Partially Fenced; Cable TV Available; Patio/Balcony
Interior Amenities: Partially Furnished; Fire/Smoke Alarm(s); Breakfast Bar
Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Natural Gas; 2 or More Units
Cooling: Ceiling Fan(s)
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: Underground; Unisource
Parking: Garage; >1 Space Per Unit; Attached; Add'l Parking Avail
Roads/Streets: Asphalt
Owner Pays: Trash Collection; Landscaping; Other
Tenant Pays: Water; Sewer; Electric; Gas
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
New Financing: Cash; VA; Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Supplements
A maple mahogany staircase ascends to the second level which showcases a luminous living area and kitchen complete with Birchwood flooring. The kitchen has concrete countertops, stainless steel appliances & stylish cabinets. Cathedral ceilings amplify the openness and natural light. Additionally, a 1-bedroom ADU above a 2-car garage provides flexible living arrangements. The ADU is open and bright and features cathedral ceilings and the same stylish and desirable amenities that the main home includes. Both units are equipped with their own washer and dryer. Attention to detail is apparent throughout these homes and property. This unique property would be ideal for owner occupants wanting to supplement their mortgage with rental income, investors and those looking for a multigenerational living situation. The ADU is currently a STR and grossed close to $40k in 2023. These homes are close proximity to downtown Flagstaff activities, Buffalo Park and FMC; And you know what they say, Location, Location, Location! This is a rare gem not to be missed!
Listing Office: RealtyONEGroup Mountain Desert
Last Updated: May - 11 - 2024
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