Main house(Howard Manor) plus semi-attached apartment, plus detached cottage, plus detached studio, & 2-car garage generates about $30,000 per year in income, see attached doc for details showing location of units and what they rent for. Great cash flow for this price on this nonconforming property. Records show 2,570 square feet, not including studio. Cash sale or private financing. MOST tenants are month to month and want to stay. It's not fancy, but in good condition & the numbers are there! Cap Rate of about 10! Connected to city sewer.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 145 Oak Creek Blvd, Sedona, AZ 86336 is currently for sale.
145 Oak Creek Blvd is listed for $259,000.
This property has approximately 2,570 square feet.
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