$579,000
610 N Newton Street
Williams, AZ 86046
MLS# 174955
5000 sqft


610 N Newton Street, Williams, AZ 86046
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610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046 610 N Newton Street, Williams, AZ 86046

Property Description
Four Plex or Four Condos are in above average condition, quality and construction. Each unit has it's own assessor parcel number and CCR'S are in place for them to be individual condos with separate metered utilities. Seller is selling the entire 4-plex together. Each unit is a 3-bed, 2.5-bath, 1250 sqft, two-story high unit. There is extra insulation between units for privacy. It was built in 2002 so everything is modern construction. The rents bring in a gross income of 40,000 to 45,600.Two of the units rent for $950.00 and two of the units rent for $1000.00 Comparable units are renting for more because rental units are in short supply in Williams. Owner will carry with $100,000 down, 5.75% 30-year amortization, balloon in 10 years.

Details
Maps
Contract Information
Current Price: $579,000
List Price: $579,000
List Price/SqFt: 115.8
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Transaction Type: Sale
Location, Tax & Legal
County: Coconino
Region: 90 - Williams Area
Area: 910 - Williams City
APN: 202-05-056-059
Street #: 610
Direction: N
Street Name: Newton
Suffix: Street
City/Town Code: Williams
State/Province: AZ
Zip Code: 86046
Cross Street: Edison
Taxes: 702.16
Tax Year: 2018
Geo Lat: 35.256264
Geo Lon: -112.188336
Key Words
Sale/Rent: For Sale
Net Op Inc: $20,000 - 49,999
Vacancy %: 2%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: 12,001 - 21,799 SF
# Units: 4
Down Payment: $100,000 - 149,999
General Property Description
# of Units: 4
Year Built: 2002
Year Built Source: Owner
Remarks & Misc
Directions: From I-40 take Exit 163 to Grand Canyon Blvd. Go east to Edison Ave, turn left on N. Newton. Property is on the right.
Status Change Info
Status: Active
Currently Not Used
Approx SqFt: 5000
Potential Terms
Other: OMC 1st w/ 100K dwn
Utilities
Other: Wired for cable
Property Features
To Show: Appt Only/CLO
Leases: Month to Month; 1 Year +; No Pets
Util incld in Rent: Electicity; Natural Gas; Trash Collection; Water/Sewer
Potential Terms: Conventional; OMC 1st
Interior Amenities: Carpet/Tile; Cement Slab; Disposals; Duo-Pane Wind.; Range/Ovens; Refrigerators; Smoke/Heat Det.
Docs on File: CC & R's
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone
Heat/Cooling: Central Heating; Natural Gas
Construction: Frame - Wood
Roof: Asphalt Shingle
Flood Zone: D-Undetermined

Listing Office: Bankers Real Estate

Last Updated: October - 18 - 2018

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Wednesday 21st of November 2018 08:55 AM