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107-111 S Florence Street

Flagstaff, AZ 86001
  • $1,585,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 6327136
Price Reduced
$1,585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2013
County:
Area:

School Ratings & Info

School District:

Description

GREAT INVESTMENT PROPERTY! College student rental. This duplex consists of a total of 10 bedrooms and 10 bathrooms, all rooms have private baths and are lockable. Common area includes HUGE living/dining/kitchen. Consistently rented to the same sorority for 8 years, but always have a waiting list. 2 leases with 5 per lease. Gross rent is $8000/month, leased until August. Built in 2013 by Hope Construction, high quality builder and very energy efficient property. Very popular due to being very close to the University AND downtown Flagstaff. Room for rents to go up. Get this great CASH FLOW property!! Owner/agent

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West Desert Group | HomeSmart. Data last updated 2022-01-22T00:13:32.58.
www.westdesertgroup.com/homes/123670998
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107-111 S Florence Street Flagstaff, AZ 86001

  • Price: $1,585,000
  • Status: Active
  • On Site: 51 Days
  • MLS #: 6327136
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2013
Built
Neighborhood:
Flagstaff Townsite
County:
Coconino
Area:
Flagstaff
School District:
000 - Out of Area
Property Description
GREAT INVESTMENT PROPERTY! College student rental. This duplex consists of a total of 10 bedrooms and 10 bathrooms, all rooms have private baths and are lockable. Common area includes HUGE living/dining/kitchen. Consistently rented to the same sorority for 8 years, but always have a waiting list. 2 leases with 5 per lease. Gross rent is $8000/month, leased until August. Built in 2013 by Hope Construction, high quality builder and very energy efficient property. Very popular due to being very close to the University AND downtown Flagstaff. Room for rents to go up. Get this great CASH FLOW property!! Owner/agent
Exterior Features

Construction Frame - Wood Construction Finish PaintedSiding Covered Parking Spaces 0.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 49.62 X 140.32 X 63 X 140.32 Parking Street Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 480 1 Bedroom Unit Baths 5 2 Bedroom Unit Avg Sq Ft 480 2 Bedroom Units Baths 5 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalW/D Hookup Cooling Ceiling Fan(S) Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Wood Heating Natural Gas Interior Amenities Fire SprinklersFire/Smoke Alarm(S)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 800.00 1 Bedroom Units 5 2 Bedroom Unit Avg Rent 800.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 96000.00 Annual Other Expense 6000.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Clay Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsOther (See Remarks) Gas Underground Gross Annual Sch Inc 96000.00 Hoa YN No Net Operating Income 85345.00 New Financing Conventional Operating Exp 10655.00 Other Income 0.00 Owner Pays ElectricGasSewerTrash CollectionWater Project Type Duplex Sale Includes Land & Building Sewer Other (See Remarks)Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Flagstaff Taxes 4655.00 Tenant Pays None UCB No Vacancy Allowance 0.00 Water City FranchiseMaster MeterSee Remarks Zoning R1n

Listing courtesy of Michael Koester Realty.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than West Desert Group | HomeSmart. Data last updated 2022-01-22T00:13:32.58.
 
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West Desert Group | HomeSmart
17215 North 72nd Drive, Suite 115
Glendale AZ, 85308