508 S Cortez Street, Prescott, AZ 86303

$949,998

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$949,998
Status
ACTIVE
MLS#
1086274
City
Prescott
Lot Size
7,405
Subdivision
Prescott Original Townsite
Year Built
1976

Property Description

Fully Rented 6-Unit Investment Opportunity Near Downtown Prescott! Great location near Whiskey Row, shopping, and restaurants. Approximately 5,482 SQFT featuring three 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Current gross annual rents are $72,900, with potential gross annual income of $85,200, including additional rental income from the two available garages associated with Units 3 and 6. Excellent opportunity to own an established multifamily investment with additional income potential!

Additional Information

Acres
0.17
Construction
Frame
Cooling
Ceiling Fan(s), Other, Central Refriger
Electric
220 Volts
Exterior Features
Laundry Facilities, Storage, Other
Flooring
Carpet, Vinyl, Laminate
Heating
Forced - Gas, Natural Gas
Lot Size
7,405
Stories
3
Subdivision
Prescott Original Townsite
Taxes
$2,067
Tax Year
2026
Utilities
WWT - City Sewer, Phone Available, Natural Gas Available, Individual Meter, Electricity Available, Cable Available
Water
Public
Zoning
MFH

Courtesy of Rent Right and Home Right.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks