622 Western Ave, Prescott, AZ 86305

Sqft
3,198

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Listed byArizona Commercial LLC
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Overview

Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,198
Lot size (acres)
0.17
Year built
1930

Exterior features

Horse amenities
Stable

Utilities

Heating
See Remarks
Cooling
Other

Public schools

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Sourced from: Prescott Area Association of Realtors MLS®#: 1080130 Last checked:

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