215 Elm Street $140,000

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    215 Elm Street Winslow, AZ 86047

    Closed
    SOLD 8/29/2019

    $140,000

    • 0 Beds
    • 0 Baths
    • 1,740 sq. ft.
    • Multi-Family
    • MLS# 177898
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    Views: 117

    Property Details

    Great Cash flow for Investor, 3 Free Standing Units on 2 lots. Units A, B just renovated with new interior paint, carpet, tile, window coverings, etc. Main Home (215) was renovated a few years ago. All 3 Exteriors have also just been Repainted. Property is NOT located in FEMA Flood Zone, panel 04017C3014F, effective 3/02/2016. So Flood Insurance is Not Required on a new loan. If you are age 62 or older you may be able to live in the main home with No Payments and purchase with a Reverse Mtg and collect rents on 2 units. Also possible Seller Financing with 30% Down. Manager of LLC and Listing Agent is a Licensed Real Estate Broker in AZ. Gross rents when fully Occupied are $1,400 per month, hard to find for this price anywhere in N. AZ

    • General Features
      • APN 103 17 370
      • Area 20
      • Cap Rate 9 - 9.9%
      • County Navajo
      • Cross Street N Park
      • Cumulative DOM 28
      • Directions I-40 Exit #253 North Park Rd, go South , then East (left) on Elm St to 215, turn past main home into alley, 2 additional units in rear.
      • Exis Fee Docs Free & Clear
      • Financing Conventional
      • Inc/Exp (Annual): = Gross Op Income $ 16800.00
      • Inc/Exp (Annual): = Net Op Income(NOI) 14640.00
      • Net Op Inc $10,000 - 19,999
      • Potential Terms OMC 1st,OMC w/Balloon,Conventional,Submit
      • Potential Terms: Other 1031
      • Property Sub Type Duplex, Triplex, 4-Plex, 8-Plex
      • Region 1
      • Sold Date 2019-08-29
      • Tax Year 2018
      • Taxes 329.00
      • Unit # A & B
      • Vacancy % 0%
      • Year Built 1915
      • Year Built Source County
    • Building Features
      • Approx SqFt 1,740
      • Construction Frame - Wood
      • Heat Cooling Wall Panel, Natural Gas, Indiv A/C
      • Interior Amenities Wood Floors, Carpet/Tile, Smoke/Heat Det., Laundry Area, Duo-Pane Wind., Range/Ovens, Dishwashers, Refrigerators
      • Number of Units 3
      • Roof Asphalt Shingle, Pitched
    • Property Features
      • Exterior Amenities Fenced, Porch/Patio
      • Flood Zone None
      • Imprv Sz Gross SF 1,500 - 2,999
      • Land Size 6,001 - 12,000 SF
      • Lot Street Improvements Paved Parking, Unpaved Parking, Street Parking, Alley, Sidewalks, Paved Street
      • Number of Units 3
      • Utility Included in Rent Water/Sewer, Trash Collection
      • Utilities Electric, Natural Gas, Telephone, TV Cable, Indiv. Metered
      • Zoned Municipal

    Neighborhood

    86047 (Winslow) Demographics

    32 Median Age
    9 Population Density (per sq. mile)
    16% College Educated
    $31,643 Estimated Median Income
    2,473 Estimated Total Home Owners
    1,801 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    15,682 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $171,450 Median Sales Price
    6 Homes Sold
    5 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        8/29/2019 12:00:00 AM Sold Source New Value: $140,000
        Information is provided in part by the IDX program of the Northern Arizona Association of REALTORSĀ® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.