Terrific opportunity for potential significant cash flow on this 11-plex in the heart of Winslow AZ. Close to downtown & Winslow High School. Newly added 2-bedroom unit just remodeled & rented immediately. Exterior Painted 2012 & most units have new flooring/interior paint last year (2016). Great opportunity to own a rehabbed apartment complex. Many new appliances! 9 1-Bedroom units & one single family, (1) two-bedroom unit & a detached 3 bedroom home onsite. This property also has a connected shop/office that would be perfect for almost any business type. This investment opportunity has been and is a great earner. Has many long term stable tenants. Plenty of parking available & is located on a major street in Winslow for increased exposure.
Off market
$534,500
719 E 3rd St, Winslow, AZ 86047
--beds
0baths
7,752sqft
MultiFamily
Built in 1962
-- sqft lot
$534,500 Zestimate®
$69/sqft
$1,102 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Gas
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 7,752 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 0.50 Acres
Details
- Parcel number: 10332012
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Other
Condition
- Year built: 1962
Utilities & green energy
- Utilities for property: Electric, Telephone, City Water
Community & neighborhood
Location
- Region: Winslow
Other
Other facts
- Heat/Cooling: Electricity, Evap. Cooler
- Interior Amenities: Carpet/Tile, Range/Ovens
- Utilities: Electric, Telephone, City Water
- Util incld in Rent: Water/Sewer, Electicity, Trash Collection
- Lot Street Imprvmnts: Paved Street, Sidewalks
- Management: Mgmt. Co.
- Net Op Inc: 999, $50, 000 - 99
- Imprv Sz (Gross SF): 999, 6, 000 - 47
- Cap Rate: 1 - 7.9%
- Contingent: Pending - Take Backup
- Sale/Rent: For Sale
- Construction: Masonry
- Leases: Month to Month, 1 Year +
- Down Payment: Submit
- # Units: 9 - 64
- Region: 1 - Other Area
- Potential Terms: Conventional, Cash/CTNM
- Property Sub-Type: Apt Building (9+ Units)
- Vacancy %: 10 - 19.9%
- Land Size: 1 - 1.9 AC
- Roof: Shake