This strong income producing triplex is an excellent investment opportunity and has the bonus of further development potential. Three 2 bedroom, 1 bath units are well maintained, have lots of recent upgrades, laundry hook-ups, vaulted ceilings and many contemporary features. The current gross income is $2,900/mo and the Tenants pay all utilities except for water and trash. Check with the City of Flagstaff as the high density HR zoning for this .32 acre lot allows for additional development. In addition, SELLER CARRYBACK FINANCING may be available to a qualified Buyer. If you are tired of stock market volatility consider this solid income producer.
Off market
$726,600
2805 N Ellen St, Flagstaff, AZ 86004
6beds
2,560sqft
MultiFamily
Built in 1966
-- sqft lot
$726,600 Zestimate®
$284/sqft
$1,918 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Heat pump, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 2,560 sqft
Property
Parking
- Total spaces: 12
- Parking features: Off-street, On-street
Features
- Exterior features: Wood, Brick, Cement / Concrete
- Has view: Yes
- View description: City, Mountain
Lot
- Size: 0.32 Acres
Details
- Parcel number: 10908050A
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Asphalt
Condition
- Year built: 1966
Utilities & green energy
- Utilities for property: Electric, Telephone, City Water, Indiv. Metered
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Flagstaff
Other
Other facts
- Heat/Cooling: No Cooling
- Interior Amenities: Smoke/Heat Det., Carpet/Tile, Disposals, Range/Ovens, Cement Slab
- Utilities: Electric, Telephone, City Water, Indiv. Metered
- Util incld in Rent: Water/Sewer
- Management: Mgmt. Co.
- Net Op Inc: 999, $20, 000 - 49
- Imprv Sz (Gross SF): 1, 500 - 2, 999
- Cap Rate: 1 - 7.9%
- Contingent: Pending - Take Backup
- Region: 40 - North East City
- Sale/Rent: For Sale
- Construction: Masonry
- Leases: Month to Month, 1 Year +
- Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
- Down Payment: Submit
- Land Size: 12, 001 - 21, 799 SF
- Potential Terms: Conventional, Cash/CTNM, OMC 1st
- Flood Zone: D-Undetermined
- # Units: 3
- Vacancy %: 5% - 9.9%
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$726,600
2% more+$14,532
With Zillow Showcase(estimated)$741,132