Prescott, AZ FSBO

UNIQUE
Affordable Income Property
FSBO ~ OMC

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1999 2000+ sq. ft. 5 bedroom 3 bath Redman home has been converted into a duplex. In actuality it is now a 3 bedroom 2 bath with a 1 bedroom 1 bath 'mother-in-law quarters/apartment with a private entrance that is rented out separately with utilities included. It can be re-opened up to accommodate a large family. This home is on a 50 X 150 corner lot in Prescott, AZ and is zoned multi-family, site built or manufactured home. It is an older neighborhood that is gradually rejuvenating. The lot is 'decorated' with outcropping of gigantic granite boulders. This home is all electric which at one time may have been a draw back, but in view of rising gas prices, it is a toss up as to which is more expensive. If situated properly, a garage could be added with an apartment up stairs which would easily increase the income by another $500-600/month. Both units are rented to excellent tenants with a gross income of $1350/month (with utilities), but we do not do leases - only month to month rental agreements. Thus the buyer will have the option of asking any of the current tenants to stay or go &/or increasing the rents. Because it is close to schools & downtown & Prescott College, this manufactured home will perfect for a large family or as a rental. Rent - $875 + utilities (ask about discount) Refundable Cleaning/Security dep. $875 Pets OK with $100 deposit/pet - limit of 2 Month to month agreement - no long term lease required directions 928 776-003 Asking $197,000 BRING ALL OFFERS! discount for cash Will Lease Purchase with 3-5% down or OMC -  Terms are 10-15%down Rate depends on credit & amount down 30-40 yr. amortization Balloon in 3-5 years 3 % Courtesy To Brokers Please feel free to contact us: Dave & Candy Rotering 928 776-0073 PICTURES