Cottonwood, AZ 86326,1629 E BIRCH Street
Cottonwood, AZ 86326,1629 E BIRCH Street
Cottonwood, AZ 86326,1629 E BIRCH Street
Cottonwood, AZ 86326,1629 E BIRCH Street
Cottonwood, AZ 86326,1629 E BIRCH Street
Cottonwood, AZ 86326,1629 E BIRCH Street
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$734,000

$800,000

8.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/01/2022

Key Details

Sold Price $734,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6328908

Sold Date 03/01/22

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1976

Annual Tax Amount $1,124

Tax Year 2021

Lot Dimensions 16050 SF

Property Description

Rare Cottonwood fourplex for sale with large all 2 bedroom unit mix. Value-add opportunity w/ 8 CAP potential. Extremely high tenant demand. A few minutes from Old Town Cottonwood & numerous wineries. Very high population growth location that is gentrifying. Perfect opportunity to cosmetically upgrade/reposition. Could be a very lucrative STR or long-term rental in an very low-supply area. Ample parking. Huge yard. Showings in escrow only-100% occupied. Do not bother tenants. Same owners since the 1980's! 3rd party managed/well-maintained. Well-below market rents ($985, $950, $805, $805). Built in 1976 on a huge 16000 SF lot. All HVAC units, a few newer.
Less than 30 min to Sedona & Jerome, 60 min to FLG & Prescott. Income/expenses est. Buyer to complete/rely on own due diligence.

Location

State AZ

County Yavapai

Zoning Fourplex

Direction Off 89A and Main St

Interior

Flooring Ceramic Tile

Appliance FS OvenRange

Exterior

Parking Features Other (See Remarks), Paved Parking, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Out Of Area

Others

Senior Community No

Tax ID 406-45-073

Acceptable Financing Other (See Remarks), Conventional

Listing Terms Other (See Remarks), Conventional

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler
Bought with Century 21 Arizona Foothills

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Jason Jones

REALTOR®

+1(602) 400-2308

17001 N Del Webb Blvd, Sun City, AZ

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