$640,000
Flagstaff, AZ 86001
MLS# 192576
Status: Closed
1421 sqft
1 / 18
Property Description
Two cute single level detached homes on one lot in the heart of downtown Flagstaff. Easy to rent 2bd, 1ba and 1 bd,1ba homes that the current owners have always leased to long term residential Tenants. No HOA means short term rentals are allowed. Community Commercial zoning also permits a variety of commercial uses on this high profile corner lot with excellent development potential. A partially fenced lot - approx 50'x142' - includes mature tall pines, decorative rocks and low maintenance landscaping. There is lots of off street parking and a separate storage building at the rear of the property. OWNER FINANCING may be available to a qualified Buyer. Buyer to cooperate with Seller's 1031 tax deferred exchange at no expense or delay to Buyer. Owner/Agent.
Details
Maps
Contract Information
Status: Closed
Listing Agreement Date: 2023-03-20
Current Price: $640,000
Sold Price: $640,000
List Price/SqFt: 475.01
Property Sub-Type: Multi Family
Transaction Type: Sale
Location Tax Legal
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 621
Direction: N
Street Name: Humphreys
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.204674
Geo Lon: -111.64871
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $10,000 - 19,999
Vacancy %: 2%
Cap Rate: CLO
Imprv Sz (Gross SF): 0 - 1,499
Land Size: 6,001 - 12,000 SF
# Units: 2
Down Payment: Submit
General Property Description
# of Units: 2
Year Built: 1945
Year Built Source: County
Lot Dimensions: 142.84x49.99x141.97
Status Change Info
Sold Date: 2023-04-17
Sold Price: $640,000
Sold Price/SqFt: 450.38
Financing: Owner Carry 1st
Currently Not Used
Approx SqFt: 1421
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter
Leases: Month To Month
Util incld in Rent: Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional; OMC 1st
Interior Amenities: Carpet/Tile; Cement Slab; Duo-Pane Wind.; Laundry Area; Range/Ovens; Refrigerators; Wood Floors
Exterior Amenities: Fenced; Landscaped; Priv Yards; RV Access/Parking; Sorage Units
Docs on File: Leases; Legal Descrip.; Security Dpsts
Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Street; Sidewalks; Street Parking; Unpaved Parking
Utilities: Cable Available; City Water; Electricity Available; Indiv. Metered; Natural Gas; Phone Available; Primary Meter; Sewer
Heating: Natural Gas; Other; Wall Furnace; Other
Construction: Frame - Wood; Masonry
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Owner/Family
Listing Office: Linton Real Estate
Last Updated: December - 19 - 2025
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