Rare Investor Duplex opportunity across the street from Campus! The two units have new roofs, new external paint and are fully leased. UnitB is remodeled with new flooring and paint. Great layout with 2 bedrooms, 1 bath, large kitchen, dining area, and small backyard patios. Significant additional value and cash flow can quickly be added to this property and can be seen in the updated unit across the parking lot (also for sale) that has the same footprint and now includes a 3rd bedroom, washer dryer and is leased through July 2021 at $1500! Separately metered for Gas and Electric (tenant's pay both), no HOA !, a great investor opportunity and an ultimate house hack. Unit A is month to month to month and ready for remodel. Unit B is remodeled and leased through June of 2021
Off market
$581,200
1220 S Lone Tree Rd, Flagstaff, AZ 86001
--beds
0baths
1,564sqft
MultiFamily
Built in 1987
-- sqft lot
$581,200 Zestimate®
$372/sqft
$2,084 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Refrigerator
Interior area
- Total interior livable area: 1,564 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,544 sqft
Details
- Parcel number: 10410047A
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Asphalt
Condition
- Year built: 1987
Utilities & green energy
- Utilities for property: Electric, Sewer, TV Cable, Telephone, City Water, Natural Gas, Indiv. Metered
Community & neighborhood
Location
- Region: Flagstaff
Other
Other facts
- Construction: Frame - Wood
- Heat/Cooling: Central Heating
- Interior Amenities: Carpet/Tile, Refrigerators, Disposals, Dishwashers, Range/Ovens, Cement Slab
- Roof: Asphalt Shingle
- Utilities: Electric, Sewer, TV Cable, Telephone, City Water, Natural Gas, Indiv. Metered
- Util incld in Rent: Water/Sewer, Snow Removal, Trash Collection
- Net Op Inc: 999, $20, 000 - 49
- Imprv Sz (Gross SF): 1, 500 - 2, 999
- Cap Rate: 1 - 7.9%
- # Units: 2
- Sale/Rent: For Sale
- Land Size: 000 SF, 6, 001 - 12
- Leases: Month to Month, 1 Year +
- Region: 10 - North West City
- Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
- Management: Owner/Family
- Down Payment: Submit
- Vacancy %: 0%
- Legal Description: Subdivision: PINE KNOLL LOT 147 EXCEPT:WLY 6.52'. Sixteenth: SW Quarter: SW Sect
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$581,200
2% more+ $11,624
With Zillow Showcase(estimated)
$592,824