$610,000
683 N Main St
Cottonwood, AZ 86326
MLS# 526248
2212 sqft

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Old Town - Cottonwood, AZ Triplex Income Property
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Old Town - Cottonwood, AZ Triplex Income Property 683 N Main is part of a PAD development Units A B &C Certified Leed Platinum Building Enter through S 8th St . Corner of N Main St. & S 8th St. Side Walks & Rear Driveway are Common Areas of the PAD development Unit A is a light commercial and or residential PAD use Open space with Anderson Bay Windows Across the front 683 N Main St, Cottonwood, AZ 86326 Great Work space 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 Entrance 1 Bd 1 Ba rear Apartment 683 N Main St, Cottonwood, AZ 86326 2 Bed 2 Ba upstairs Apt Entrance Vaulted Ceilings and Led Lighting throughout DW, Elect Range/Oven Ample counter space Refrigerator, pantry storage 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 2 bed 2 bath Upstairs 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 Stacked W/D 683 N Main St, Cottonwood, AZ 86326 patio area Cute as can be Open living space Unit B downstairs 683 N Main St, Cottonwood, AZ 86326 Apt B downstairs Apt B full tub shower including stacked w/d Lower Apt B 683 N Main St, Cottonwood, AZ 86326 driveway part of the common area Total Electric living with solar generated power supplement 683 N Main St, Cottonwood, AZ 86326 Enter along N 8th St. Owner owned Solar above parking N Main St 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 Wineries, Art Shops 683 N Main St, Cottonwood, AZ 86326 The Taverm Boutique Hotel Historic Old Town Cottonwood 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 683 N Main St, Cottonwood, AZ 86326 Property fully leased inquire for appointment to view!

Property Description
Gateway to Historic Old Town Cottonwood. . . Triplex Income Property, a sweet find! Designed by Reynold Radoccia, a Leed Architect. Built in 2013. This modern midcentury 2 story was built with energy efficiency in mind! A Leed Platinum Building, with many green products used in the construction. Very low maintenance and total electric living. Owner owned solar photovoltaic panels create shade canopies over the commercial parking area, generating electricity with individual inverters to all 3 Apartments A, B & C. Two Suites B & C are residential use, the front Suite A is a retail use. Tenants all enjoy very low reasonable utilities. Walk to all the many outstanding restaurants, hotels, retail shops, wine tasting and art boutiques in Old Town.

Details
Contract Information
Area: 10 - Cottonwood
Subdivision: New Old Town
Sub-Type: Multi-Family
Listing Price: 610000
Current Price: $610,000
List Price/SqFt: 275.77
Status: Active
Listing Date: 2021-04-01
Location
County: Yavapai
Tax Parcel: 406-38-127d
Street # (Modifier): 683
Direction: N
Street Name: Main
St Suffix: St
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Zip + 4: 4068
General Property Description
Phase: 1
Lot #: 4
Lot Acreage: 0.14
Lot Size Source: County Assessor
Lot Dimensions: refer to plat map
Zoning: PAD
Apx Total SF: 2212
SqFt Source: County Assessor
Year Built: 2013
# of Floors: 2
# of Buildings: 1
# of Units: 3
Tax & Legal Info
Sign: Yes
Pet Privileges: No
Amount of Taxes: 1470
Tax Year: 2020
Business Info
Business Type: Multi- Income
Year Established: 2013
R. E. Incl: Yes
Condo: No
Grs Vol p/Year $: 34883
Net Vol p/Year $: 23405
Lease Expiration/Trm: Suite A Available upon request Suite B - Available upon request Suite C - Available upon request
Remarks & Misc
Legal: NEW OLD TOWN LOT 4 AMENDED CONT .14AC SEC 34-16-3E M&P61 /11-12
Directions: Cottonwood 89A turn onto S Main becomes N Main St at Mingus Ave continue on N Main St to 683 N Main. Corner of N 8th St and N Main. Gateway Green.
Unit 1 Info
Unit 1: Unit A front bottom
# Baths: 50
SqFt: 471
Tenant Utilities: all
Rent $: 950
Total Monthly inc $: 950
Unit 2 Info
Unit 2: Unit B bottom floor
# Bedrooms: 1
# Baths: 1
SqFt: 709
Tenant Utilities: all
Rent $: 975
Total Monthly inc $: 975
Unit 3 Info
Unit 3: Unit C upstairs
# Bedrooms: 2
# Baths: 2
SqFt: 1031
Tenant Utilities: all
Rent $: 1200
Total Monthly inc $: 1200
Utilities Available
Solar Panels: Owned
Property Features
HOA: None
Property Owners Assc: Other - See Remarks
Baths: Interior
Cooling: Ceiling Fan; Individual AC; Room Refrigeration; Other - See Remarks
Construction: Block; Frame - Wood; Stucco; See Remarks
Commercial Amenities: None
External Amenities: Landscape; Patio/Deck; Sprinkler/Drip
Floors: Carpet; Concrete; Vinyl Plank
Heating: Individual Heat; Other (See Remarks)
Internal Amenities: Ceiling Fan; Dishwasher; Fire Sprinklers; Fire/Smoke Alarm; Microwave; Refrigerator
Management: Management Company
Occupancy: Rented
Road Access: Paved
Possession: At Recordation; Subject To Tenant Rights
Road Maintenance: City Maintained; Other - See Remarks
Roof Materials: Comp Shingle; Metal; Other (See Remarks)
Terms Available: Cash; Cash to New Loan
On-Site Water Trtmnt: None
Utilities Available: 220; City Water; Electricity; Individual Meter; Master Meter; Sewer (City); Telephone; Underground
Type Building: 2 - 4 Units; Duplex; Retail; Other - See Remarks
Parking: Carport 2; Off Street; Other - See Remarks
Special Conditions: N/A
Water Heater: Electric; Two or More
Supplements
All offers please allow till 1 May 2021 before seller will be responding on offers presented. Seller will not allow acceleration clauses or waiver of appraisal contingencies in offers presented. Utilities: On Cottonwood city sewer & water, APS Electric and Internet. The rear and walkways are common areas to the PAD Development and maintained by the property owners of record when needed. There is rear parking coming in from the corner N 8th St. Tenants are required to abide by the CCR's in their lease agreements. Additional Documents: MLS listing includes, Survey Plat, CC&R's, "About Gateway Green", Blue Prints, GIS Lot Dimensions, Income & Expense w/CAP Rate & Gross Income 2020, 2021. Green & Energy Efficient Building Materials: All construction was done to qualify for the Leed Platinum requirements. This means that the result gives you a very energy efficient building that is healthy to live in! Quality Anderson Windows, long life shingles with crystalized material that reduces the sun penetration are just a few of the many wonderful construction materials. Refer to "About Gateway Green" in documents for full scope of materials and building specifications. Commercial Frontage-Unit A: 532SF ½ bath Concrete Floors Anderson Windows ADA Toilet Vaulted Ceiling w/ exposed ridge beam Wall R value = R-30 Roof R value = R-50 Great Signage for exposure. Open room with large bay window. Outdoor Covered Central paved courtyard Rear Covered Parking Great street exposure. First Floor Apartment -Unit B: 684SF, Dyed/ground concrete floors, Anderson Windows Living/Dining/Kitchen open room 1Bedroom 1 Bathroom w/cast iron tub and radiant floor heat. Wall R value = R-23Roof R value = R-50. Appliances include: Bosch dishwasher, electric r/o, Refrigerator and a washer/dryer .All appliances are electric and energy star. Walled outdoor patio, Covered Parking. Second Floor Apartment- Unit C: 1022SF Living/Dining/Kitchen w/ vaulted T & G wood ceiling 2 Bedroom 2 Bathrooms,1 w/cast iron tub,the Master Bath w/ a neo angle shower, both w/radiant floor heat. Wall R value = R-23 Roof R value = R-50. Great views. Outdoor deck facing Main Street, Covered Parking. Note: It may be possible for short term rental use. PAD zoning in Documents. Contact the City of Cottonwood Community Development Director Scott Ellis for details. Present use is limited Commercial in Unit A. Residential Rental in Units B and C. Note: Certificate of Occupancy: 2015 was when this building acquired the Certificate of Occupancy approval from new construction. Yavapai County states the age is 2013. This is when permits were pulled in the new construction process. PAD Flexible Use: This building offers the ability to have your business in the front and live on site with a rental income property all in one!

Listing Office: Yavapai Realty

Last Updated: May - 05 - 2021

Information deemed reliable but not guaranteed.

Thursday 13th of May 2021 11:56 PM