7980 E Lakeshore Drive, Prescott Valley, AZ 86314

$660,000

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List Price
$660,000
Price Change
▼ $15,000 1777340090
Days on Market
168
Status
ACTIVE
MLS#
6982738
City
Prescott Valley
Subdivision
Prescott Valley 2
Year Built
1997

Property Description

4-Plex Investment Opportunity! Well-maintained property featuring four 1 bedroom, 1 bath units. All currently occupied. Offering strong, consistent cash flow with immediate income. Each unit has a functional layout appealing to long term tenants, making it an ideal addition to any investor's portfolio. Low vacancy history & solid rental demand provide excellent income potential w/upside for future rent growth. Conveniently located near shopping, dining, & major commuter routes. A great opportunity for both seasoned investors and those looking to enter multifamily ownership. The rents are low for the current market. These one bedrooms should rent for $1100/month. Unit C is rented at $1200 per because it is a VA tenant all utilities included. All Leases MTM. except Unit C.

Additional Information

Elementary School
Lake Valley Elementary School
Middle School
Glassford Hill Middle School
Community Features
Other
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Ceiling Fan(s)
Electric
APS
Heating
Natural Gas
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
1 Space/Unit, Carport
Roofing
Composition
Subdivision
Prescott Valley 2
Taxes
$1,881
Tax Year
2025
Tenant Pays
Electricity, Gas, Trash Collection
Units
4
Water
City Franchise
Zoning
MFRU

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Denton Real Estate and Management.

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