Active

849 Sunset Avenue

Prescott AZ, 86305

$3,500,000


$263.40 per sqft

Active

16 Baths

13,288 sqft

Commercial

Built in 1980

Multi Unit Income Property in the heart of Prescott! The Landings stands as a beacon of investment opportunity. This multi-unit income property, boasting 16 meticulously designed apartments, invites discerning investors to indulge in the breathtaking panorama of majestic mountains that adorn the horizon. 15 Units are 2 bedroom 2 bathroom and one unit is a 1 bedroom 1 bathroom. Electricity is on individual meters for each unit. The consistently high occupancy rates underscore the desirability of this investment gem. All units are live-on-one level, have updated paint & flooring and full kitchens. Shared coin laundry room for additional income potential annually. Plenty of concrete parking for tenants and their guests. Separate storage closets at end of building too!

1060687

MLS ID

November 22, 2023

Listed

July 13, 2024

Updated

Map

849 Sunset Avenue
Prescott AZ, 86305

Interior Features

Total Stories

2


Total Bathrooms

16


Full Bathrooms

16


Interior Features

Bathroom, Ceiling Fan(s), Kitchen


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), See Remarks


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.48 Acres


Exterior Features

Landscaped, Paved Parking


Roof

Asphalt Shingle

Other Property Details

Taxes

$4,560


Tax Frequency

Annually


Days on Market

182


Garage

No


Parking

On-Site


Parking Total

34


View

No


County

Yavapai


Pool

No


Zoning

MF-M

Listing History

Date

Event

Price

5/22/2024

Price Change

$3,500,000

-3%

4/25/2024

Price Change

$3,600,000

-3%

3/19/2024

Price Change

$3,700,000

-3%

2/14/2024

Price Change

$3,800,000

-5%

1/17/2024

Price Change

$4,000,000

-6%

Courtesy of Realty Executives AZ Territory, Louis Klein

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Luxe Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Prescott Association of REALTORS. All rights reserved.

Powered byLuxury Presence