215 Elm Street $140,000

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    215 Elm Street Winslow, AZ 86047

    • 0 Beds
    • 0 Baths
    • 1,740 sq.ft.
    • Multi-Family
    MLS# 177898
    SOLD 8/29/2019

    $140,000

    Days On Market: 48 7 Views
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    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 - Winslow
      • 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 - Other Area
      • 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

    33Median Age
    9Population Density (per sq. mile)
    16%College Educated
    $31,643 Estimated Median Income
    2,473Estimated Total Home Owners
    1,801Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    15,682Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $120,000 Median Sales Price
    5 Homes Sold
    4 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        8/29/2019 12:00:00 AM Sold Source New Value: $140,000
        7/11/2019 4:24:51 PM Status Changed Source New Value: Pending - Take Backup

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