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50 CHAPARRAL Drive Sedona, AZ 86351
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Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fairway Oaks
MLS Listing ID 6535813
Sold Date 07/18/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1979
Annual Tax Amount $2,399
Tax Year 2022
Lot Dimensions 60.82x130.27x79.10x110.22
Property Description
Just fell from escrow; & Reduced to Sell Quick!! Incredible Views* Prime Location* Unbeatable Income* Low Maintenance Building & Landscape* Full Occupancy & easy to fill * 7.2 Cap! At the base of Cathedral Rock in VOC/Sedona sits this great Investment Opportunity! With Sedona's housing shortage, this location is always a sure bet! The building has a newer roof (2022)with warranty, & NEW city sewer connection! Updated & fresh; Storage space inside the large community laundry room with 2 washers & dryers! Separately metered; Tenants pay electric! Do not disturb tenants. Interior viewings upon accepted contract.
Location
State AZ
County Yavapai
Community Fairway Oaks
Zoning RentResidential
Direction West on Bell Rock to Sugarloaf, South/left follow around west turning into Chaparral, Building on Right/North side of street.
Interior
Heating Individual, Heat Pump, 2 or More Units, Electric
Cooling 2 or More Units, Central A/C, Individual, Electric, Ceiling Fan(s)
Flooring Wood, Other
Appliance Dishwasher, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Parking Features Other (See Remarks)
Community Features Other, No Pool
Amenities Available Other
Roof Type Composition, Built-Up
Total Parking Spaces 6
Building
Sewer Sewer-In & Connected, Other, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
Elementary Schools Out Of Maricopa Cnty
Middle Schools Out Of Maricopa Cnty
High Schools Out Of Maricopa Cnty
School District Sedona-Oak Creek Joint Unified District
Others
Senior Community No
Tax ID 405-27-453
Acceptable Financing Affordable Housing, Conventional, 1031 Exchange, Trade
Listing Terms Affordable Housing, Conventional, 1031 Exchange, Trade
Financing Conventional
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Bought with Russ Lyon Sotheby's International Realty