Prescott Historic Tri-plex | 305 N Mount Vernon Ave
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Prescott Historic Tri-plex 305 N Mount Vernon Ave
3 Unit Apartment Building $1,133,834 CAD ($377,945 CAD/Unit) Prescott, AZ 86301
Executive Summary
OWNERS WILL CARRY WITH 20% DOWN, 5 YEARS AT 6.5%. Victorian 1924 National Historic Registered home. Major remodel in 2022. Unique BR zoning allowing commerial and or residential uses. Divided into 3 units, 1 - 2 bedroom 3/4 bath & kitchen with balcony, 2 - 1 bed ¾ baths kitchens. king and queen beds, big screen TVs, all furnished kitchens with stainless appliances and washer/dryer in each unit. All separte entrances, all separately metered with newer electrical panels, separate HVAC Units, High 12-15' Ceilings. Go to www.vrbo.com/3033275 for booking site. Approximate gross income for 2023 was $85,000. Perfect owner/manager live rent property or absentee owner with short term management in place. Very charming, historical and remodeled property tastefully decorated in theme with a Victorian Home approximately .6 mile to Downtown Prescott, Courthouse Square and Wiskey Row. Large lot with 12 high demand paved parking spaces. Room to add garage, separate buidling. A terrific neighborhood and location.
Property Facts
| Price | $1,133,834 CAD | Lot Size | 0.18 AC |
| Price Per Unit | $377,945 CAD | Building Size | 2,513 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built/Renovated | 1924/2022 |
| Property Type | Multifamily | Parking Ratio | 4.78/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $1,133,834 CAD |
| Price Per Unit | $377,945 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,513 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2022 |
| Parking Ratio | 4.78/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 114-02-021 | Improvements Assessment | $454,160 CAD |
| Land Assessment | $96,264 CAD | Total Assessment | $550,424 CAD |
PROPERTY TAXES
Parcel Number
114-02-021
Land Assessment
$96,264 CAD
Improvements Assessment
$454,160 CAD
Total Assessment
$550,424 CAD
zoning
| Zoning Code | BR (BR zoning allows Residential and Commercial uses. Has been used as office, retail and residential.) |
| BR (BR zoning allows Residential and Commercial uses. Has been used as office, retail and residential.) |
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Prescott Historic Tri-plex | 305 N Mount Vernon Ave
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