125 Sugarloaf Street Unit 5-8, Sedona, AZ 86351

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List Price
$699,000
Status
ACTIVE
Days on Market
1
MLS#
7085694
Subtype
Multiple Dwellings
Year Built
1973
Bedrooms
8
Bathrooms
8
Subdivision
Fairway Oaks

Property Description

Enjoy red rock views from this pair of fourplexes (115 and 125), within walking distance of restaurants, grocery stores, and hiking trails. The properties are offered separately at $699,000 each or together at $1,398,000, and they suit a range of investment strategies: fix-and-flip, short-term rental, or long-term rental. Both buildings have stayed consistently occupied with an excellent rental history, and the cap rate is approximately 7%. Each fourplex has four 2-bedroom, 2-bath units, generously sized bedrooms and closets, and parking out front. Flooring is terracotta tile/carpet/linoleum. Views can be enjoyed from spots throughout the property. Parcels: 405-27-417 and 405-27-418

Additional Information

Exterior Features
Rain Gutters
Taxes
$2,213
Zoning
R2-2
Flooring
Ceramic Tile
Appliances
Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven
Heating
Electric
Air Conditioning
Evaporative Cooling
Exterior Construction
Wood Frame, Stucco
Parking Features
>1 Space Per Unit, Off Street
Elementary School
West Sedona Elementary School
Middle School
Sedona Red Rock Junior/Senior High School
High School
Sedona Red Rock Junior/Senior High School

Courtesy of Best Flagstaff Homes Realty. 928-714-0001

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