401 W Oak Street

    Winslow, AZ 86047
    • $549,000
    • STATUS: Active
    • ON SITE: 332 days
    • MLS #: 5742268
    UPDATED: 49 min ago
    $549,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,311
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1945
    County:
    Area:

    School Ratings & Info

    Description

    This is a rare opportunity to own one of the nicest rental properties in Winslow. There are 3 one bedroom and 8 two bedroom units for a total of 11 rentals. While this is a older complex it has been well maintained over the years. With modern electrical system and a roof that is less than 10 years old. It has 13,concrete off street parking spaces. Each unit has its own electrical and gas meter. The rental market is Winslow historically has been very good, The listing brokerage also manages rental properties in Winslow and have a very good feel for the demand and the rental rates for the area. Currently all units but one is occupied, however the one vacant unit has people interested in it. The high demand for rental units and an recent appraisal supports the asking price.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-22T11:11:36.533.
    www.yosthomes.com/homes/82011753

    401 W Oak Street Winslow, AZ 86047

    • Price: $549,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 5742268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    6,311
    SQFT
    $87
    $/SQFT
    1945
    Built
    Neighborhood:
    Hicks Add
    County:
    Navajo
    Area:
    Winslow
    Property Description
    This is a rare opportunity to own one of the nicest rental properties in Winslow. There are 3 one bedroom and 8 two bedroom units for a total of 11 rentals. While this is a older complex it has been well maintained over the years. With modern electrical system and a roof that is less than 10 years old. It has 13,concrete off street parking spaces. Each unit has its own electrical and gas meter. The rental market is Winslow historically has been very good, The listing brokerage also manages rental properties in Winslow and have a very good feel for the demand and the rental rates for the area. Currently all units but one is occupied, however the one vacant unit has people interested in it. The high demand for rental units and an recent appraisal supports the asking price.
    Exterior Features

    Construction Wood/FrameStucco Covered Parking Spaces 0.00 Exterior Features Corner Lot Fencing None Freeway Highway 1.1 - 2 Miles Parking FreePrivate Parking Railroad Railroad 1 - 5 Miles Roads Asphalt/Blacktop Roofing Comp Shingle Stories 1 Story Total Parking Spaces 13.00 Uncovered Parking Spaces 13.00

    Interior Features

    Ceiling Height 8.1 Feet To 10 Feet Cooling Window/Wall Unit Flooring ConcreteCarpetCeramic TileWoodVinyl/Composition Heating Gas Interior Features Finished

    Property Features

    Adjusted Gross Inc 67300.20 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 3937.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 18000.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 7.00 Annual Wtr Swr Exp 6000.00 Building Type Other (See Remarks) Cross Street Berry Current Use Retail Electric ApsIndividual Meter Gas Sw Gas Gross Annual Sch Inc 67980.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 1 Net Operating Income 39567.14 Operating Exp 29500.84 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 1556.84 Traffic Count Up To 5000 Use Restrictions Currently Leased Vacancy Allowance 0.01 Water City FranchiseIndividual Meter Zoning General

    Listing courtesy of Harley Hendricks Realty.
    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-22T11:11:36.533.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122