Rare Investor Duplex opportunity across the street from Campus! New roofs, new external paint and are fully leased, UnitB is remodeled and leased through July 2021 at $1500 (below market?). UnitB has new plank flooring, new Kitchen (with granite countertops), remodeled bath. With conversion of dining area into the third bedroom UnitB is a great 3 bedroom, 1 bath. Unit A is leased (below market!) at $1075 month to month and primed for update as done in Unit B. Unit A (exact mirror image footprint of Unit B) is a great 2 bedroom, 1 bath with a dining area that just screams third bedroom. Significant additional value and cashflow can quickly be added with the re-rent/remodel of UnitA. Metered separately for Gas and Electric (tenant's pay both), no HOA! Great investment prop.
Off market
Zestimate®
$580,200
1230 S Lone Tree Rd, Flagstaff, AZ 86001
--beds
0baths
1,564sqft
MultiFamily
Built in 1987
-- sqft lot
$580,200 Zestimate®
$371/sqft
$2,553 Estimated rent
Owner options
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
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 6,544 sqft
Details
- Parcel number: 10410046A
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
Community & neighborhood
Location
- Region: Flagstaff
Other
Other facts
- Heat/Cooling: Electricity, Natural Gas, 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
- Util incld in Rent: Water/Sewer, Trash Collection
- Potential Terms: Submit
- 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 +, No Pets
- Region: 10 - North West City
- Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
- Management: Owner/Family
- Down Payment: Submit
- Exterior Amenities: Porch/Patio
- Vacancy %: 0%
- Legal Description: Subdivision: PINE KNOLL LOT 146 EXCEPT:WLY 6.52'. Sixteenth: SW Quarter: SW Sect
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$580,200
2% more+$11,604
With Zillow Showcase(estimated)$591,804