301 S Marina Street Prescott, AZ ^$ 890,000

301 S Marina Street

^$ 890,000

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301 S Marina Street

Prescott, AZ, 86303

^$ 890,000

Studio Baths4.0 Sq 3,522

Monthly Estimate*

^$ 5,330

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Studio

Multi-Family Home for sale in Prescott, AZ

for $890,000 with 4 full baths. This 3,522 square foot home was built in 1947 on a lot size of 0.23.

Charming 4-Plex in the Heart of Downtown PrescottProperty Overview:Address: 301, 303, 305, 307 South MarinaBuilt: 1909 (Laundry Room added in 1949)Type: 4-PlexCap Rate: 6.1%Location: Downtown PrescottProperty Features:Prime Location: Situated in the vibrant heart of downtown Prescott, offering easy access to shops, restaurants, and entertainment.Income Potential: One unit is utilized as a vacation rental, providing additional revenue streams.Historic Charm: This property exudes landmark charm, preserving original architectural details.Modern amenities include a laundry room built in 1949, which enhances tenant convenience.Investment Opportunity: With a solid cap rate of 6.1%, this property presents a lucrative investment opportunity.

Multi-Family Active

Price

^$ 890,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,042

Style

Lot Size

0.23

Year Built

1947

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

1066217

Features

General

Heating Baseboard Electric Forced Air Gas Hot Water Natural Gas

Cooling Ceiling Fan(s) Room Refrigeration

Utilities Cable TV On-Site Electricity On-Site Master Meters Natural Gas On-Site Water - City WWT - City Sewer

Roof Asphalt Shingle

Exterior Features Fence

Zoning MF-H

Construction Materials Wood Frame

Exclusions No

Year Built 1947

Tax Year 2023

County Yavapai

Property Type Residential Income

Home Owner Assoc N

Subdivision Name Prescott

Full Baths 4

Directions East on GurleySouth on Marina stProerty is on the left.

City Prescott

Lot Size Square Feet 10152

Tax Annual Amount 1042

Additional Parcels Y/N N

Days on Market 14

Standard Status Active

Cap Rate 6.1

Interior

Flooring Carpet Vinyl Wood

Total Stories 2

Exterior

Number of Buildings 1

Building Area Total 3522

Lot Size Acres 0.23

Road Surface Type Asphalt

Lot Size Source County Records

Road Frontage Type City Street

Road Responsibility City Maintained Road

* Excluded Features

List By

Sarah S Thompson

Listing Agent

Pmi Northern Arizona

Broker

sarahthompson@pminorthernaz.com

Affordability Calculator

$5,417

Per Month

Monthly Principal & Interest: $5,330
Monthly Property Taxes: $87
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Prescott, AZ

Average List Price ^$1,245,135

Percent of Sale Price 40%

About Prescott, AZ

43,862 Population

27% Since 2002

^$49,913 Median Income

53.33 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

754118 Elementary School

754119 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/5/2024	$890,000	-2.73%	Price Down
7/22/2024	$915,000		Listed Price

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301 S Marina Street, Prescott, AZ, 86303 is a Multi-Family Home for sale at $890,000 with 3,522 sqft and a lot size of 0.23. 301 S Marina Street is a studio with 4.0 baths and was built in 1947. The property's zip code is 86303 which is in Prescott, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Prescott Area Association of REALTORS®

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Prescott Area Association of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/22/2024.

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301 S Marina Street

Multi-Family Home for sale in Prescott, AZ

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