Cottonwood, AZ 86326,3980 E MISSION Lane
Cottonwood, AZ 86326,3980 E MISSION Lane
Cottonwood, AZ 86326,3980 E MISSION Lane
Cottonwood, AZ 86326,3980 E MISSION Lane
Cottonwood, AZ 86326,3980 E MISSION Lane
Cottonwood, AZ 86326,3980 E MISSION Lane
See all 44 photos

$698,325

$699,000

0.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 03/15/2023

Key Details

Sold Price $698,325

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Verde Village Unit 2

MLS Listing ID 6513851

Sold Date 03/15/23

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1987

Annual Tax Amount $1,055

Tax Year 2022

Lot Dimensions 10854

Property Description

Jumbo 4plex in booming Cottonwood. Built in 1987. 3 BR/1.5 BA lower units;3 BR/2BA upper units. 1063 sf/unit average. Generous 10,853 sf lot. $164/SF is hard to find. Garage for upper units. Great views of mountains. Actual rents: $1,200/$1,275/$1,325/ $1,270. $5,070/month gross or $60,840/year on rents. New stucco siding/painting at a cost of $42,000. Unit 7 has a recently upgraded kitchen/bathroom. Value-add w/ high ceiling. Cottonwood rental demand is off the charts. Only $164/sf in one of the hottest rental markets in AZ. Compare this to the much higher prices/sf in the Valley! Rents could be much higher, especially with cosmetic upgrades. Just 30 minutes to the heart of Sedona or Prescott! Corner lot, 2nd address is 2460 S Highview Cir. Buyer to complete/rely on own due diligence.

Location

State AZ

County Yavapai

Community Verde Village Unit 2

Zoning Multi-Family

Direction From I-17, exit 287 AZ-260 to Western.

Interior

Heating WindowWall Unit(s)

Flooring Ceramic Tile, Wood

Appliance FS OvenRange

Exterior

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

Roof Type Composition

Total Parking Spaces 10

Garage Yes

Building

Sewer Septic in & Cnctd, Septic Tank

Water City Franchise

New Construction No

Schools

School District Mingus Union High School District

Others

Senior Community No

Tax ID 406-46-485

Acceptable Financing Other (See Remarks), Conventional

Listing Terms Other (See Remarks), Conventional

Financing Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler
Bought with eXp Realty

GET MORE INFORMATION

Jason Jones

REALTOR®

+1(602) 400-2308

17001 N Del Webb Blvd, Sun City, AZ

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.