Wonderful investment opportunity with long term Tenants! All Units are 2 bedrooms. The city of Winslow is experiencing an extremely low vacancy rate due to its proximity to Flagstaff and lack of affordable housing in Flagstaff and the Northern Arizona region. Per the Owner's request rents have not been raised in years and are currently under market value. This creates a large upside for any potential investor.This listing includes two parcels. 1221 W. 2nd St and 1215 W. 2nd St.103-15-274 & 103-15-273
Off market
$4,500
1221 E 2nd St, Winslow, AZ 86047
--beds
0baths
3,458sqft
MultiFamily
Built in 1945
-- sqft lot
$-- Zestimate®
$1/sqft
$1,058 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Gas
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 3,458 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 5,662 sqft
Details
- Parcel number: 10334037
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Shake / Shingle
Condition
- Year built: 1945
Utilities & green energy
- Utilities for property: Electric, Sewer, Telephone, City Water, Master Meter
Community & neighborhood
Location
- Region: Winslow
Other
Other facts
- Interior Amenities: Range/Ovens
- Utilities: Electric, Sewer, Telephone, City Water, Master Meter
- Util incld in Rent: Water/Sewer, Trash Collection
- Lot Street Imprvmnts: Paved Street
- Management: Mgmt. Co.
- Net Op Inc: $10, 000 - 19, 999
- Imprv Sz (Gross SF): 999, 3, 000 - 5
- Sale/Rent: For Sale
- Leases: Month to Month
- # Units: 4
- Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
- Down Payment: Submit
- Land Size: .5 - .9 AC
- Vacancy %: 0%
- Cap Rate: 8 - 8.9%
- Region: 1 - Other Area
- Potential Terms: Conventional, Cash/CTNM