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Bonny Ortiz

bonny.ortiz@revinre.com +1(480) 465-1733

Listed by Realty Executives Arizona Territory

$ 775,000

Est. payment -/mo

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Price Dropped by $24K

658 W Gurley ST #1-4 Prescott, AZ 86305

4 Beds

3 Baths

1,718 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,718 sqft

Price per Sqft $451

Subdivision Fleurys Addition

MLS Listing ID 1079369

Style Other,Traditional

Bedrooms 4

Full Baths 1

Three Quarter Bath 2

HOA Y/N false

Year Built 1914

Annual Tax Amount $1,765

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source paar

Property Description

Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Unit 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

Location

State AZ

County Yavapai

Rooms

Other Rooms Family Room, Other - See Remarks, Laundry Room

Basement Traditional, Crawl Space, Piers, Outside Entrance

Interior

Interior Features Ceiling Fan(s), Formal Dining, Wash/Dry Connection, Pantry, Master Downstairs, Live on One Level, Laminate Counters

Heating Forced Air, Wall Furnance

Cooling Ceiling Fan(s), None, Central Air

Flooring Laminate, Wood

Appliance Pantry, Dishwasher, Washer, Gas Range, Refrigerator, Microwave, Dryer, Disposal

Exterior

Exterior Feature Driveway Concrete, Pantry

Fence Partial

Utilities Available Cable Available, WWT - City Sewer, Phone Available, Natural Gas Available, Electricity Available

Roof Type Composition,Rolled/Hot Mop

Street Surface Asphalt,Paved

Road Frontage City Street

Building

Level or Stories Traditional

Structure Type Block,Frame

Others

Acceptable Financing 1031 Exchange, VA, FHA, Conventional, Cash

Listing Terms 1031 Exchange, VA, FHA, Conventional, Cash

Prescott Area Association of Realtors (PAAR MLS)

Bonny Ortiz

Agent

+1(480) 465-1733

Bonny Ortiz

658 W Gurley ST #1-4 Prescott, AZ 86305

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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658 W Gurley ST #1-4