$475,000
$520,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
Cottonwood, AZ 86326
Key Details
Sold Price $475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Smelter City
MLS Listing ID 529668
Sold Date 11/13/23
Year Built 1972
Annual Tax Amount $1,253
Tax Year 2021
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Beautiful opportunity to own approximately 2/3 of an acre zoned multi-family in the heart of Cottonwood! Minutes from Old Town Cottonwood, this is a fantastic piece of property to own. Currently 100% occupied and there is plenty of land to increase the number of units (property used to have a total of 7 rental units installed; according to Cottonwood Zoning up to 18 units would be allowed - Verify with the City) Duplex has recently been updated. Please make an appointment to view and do not disturb the tenants. Seller is a licensed real estate broker in the state of Arizona. Listing agent is related to the seller.
Location
State AZ
Community Smelter City
Zoning R4
Direction Main Street Cottonwood, West on Mingus Ave. North on 12th Street. Property on right.
Interior
Heating Natural Gas
Cooling Evaporative Cooling
Flooring Flooring
Appliance Refrigerator
Exterior
Roof Type Composition
Private Pool No
Building
Sewer None, Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 40637027
Acceptable Financing Owner May Carry, 1031 Exchange
Listing Terms Owner May Carry, 1031 Exchange
Financing Carryback
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Bought with Yavapai Realty