208 S Summit Avenue, Prescott, AZ 86303

$650,000
Property Type: Multi-Family Square Footage: 2,824 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $650,000 List Date: 2/27/2025 Last Modified: 8/29/2025

Description

4-plex and detached cottage in prime location near Prescott Courthouse priced to sell! All 5 units are 1 bedroom, 1 bathroom and have a strong occupancy history. The 4 plex needs to be remodeled to maximize rents and future value. Sizable storage building in backyard. Cottage has been remodeled. View this opportunity soon!! **Please also view the listing next door at 204 Summit online**

More Information MLS# 1071006

Contract/Address/Legal

List Price/SqFt: 257 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF Assessor's Book #: 109 Assessor's Map #: 5 Assessor's Parcel #: 74 Legal: FLEURY ADD E 150' OF S 73' LOT 1 BLK 18

General Property Description

Aprx Acres: 0.23 Lot #: 1 Lot Size: 10,019 HOA Y/N: No Source of Measuremnt: County Assessor Stories: 2 Management: Mgmt Company More than 5 Units: No Total Liveable SqFt: 2824 Year Built: 1929 Baths - Full: 5

Tax Info

Taxes: 1198 Tax Year: 2024

Remarks & Misc

Directions: From Montezuma, W on Goodwin to Summit, Turn R and property is 1st on the left. Remarks: 4-plex and detached cottage in prime location near Prescott Courthouse priced to sell! All 5 units are 1 bedroom, 1 bathroom and have a strong occupancy history. The 4 plex needs to be remodeled to maximize rents and future value. Sizable storage building in backyard. Cottage has been remodeled. View this opportunity soon!! **Please also view the listing next door at 204 Summit online**

Status Change Info

Sold Price/SqFt: 230 Financing: Owner Will Carry Under Contract Date: 2025-08-13 Sold Date: 2025-08-29 Sold Price: $650,000

Building Type

5+ Units: 1

Construction

Frame - Steel: 1 Frame - Wood: 1

Cooling

Other: 1

External Amenities

Fence: 1

Flooring

Carpet: 1 Laminate: 1 Vinyl: 1

Heating

Natural Gas: 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1

Terms & Conditions

Conventional: 1 Other - See Remarks: 1

Utilities Installed

Electricity: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1

Unit 1

Unit ID: 1 # BR: 1 # BA: 1 SqFt: 506

Unit 1 Parking

Other - See Remarks: 1

Unit 1 Info

Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 2

Unit ID: 2 # BR: 1 # BA: 1 SqFt: 506 Tenant Utilities: ELECTRIC Rent $: 816

Unit 2 Parking

Other - See Remarks: 1

Unit 2 Info

Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 3

Unit ID: 3 # BR: 1 # BA: 1 SqFt: 506

Unit 3 Parking

Other - See Remarks: 1

Unit 3 Info

Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 4

Unit ID: 4 # BR: 1 # BA: 1 SqFt: 506 Tenant Utilities: ELECTRIC Rent $: 816

Unit 4 Parking

Other - See Remarks: 1

Unit 4 Info

Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 5

Unit ID: 208.5 # BR: 1 # BA: 1 SqFt: 800 Tenant Utilities: GAS & ELECTRIC Rent $: 1377

Unit 5 Parking

Off Street: 1

Unit 5 Info

Laundry Room: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

ContractAddressLegal

Original List Price: 775000 Listing Date: 2025-02-27 Status: Closed Listing Price: 725000 Street #: 208 Direction: S Street Name: Summit St Suffix: Avenue City/Township: Prescott State: AZ Zip Code: 86303 Subdivision: None County: Yavapai Tax Parcel: 109-05-074

Property Features

Building Type: 5+ Units Construction: Frame - Steel; Frame - Wood Cooling: Other External Amenities: Fence Flooring: Carpet; Laminate; Vinyl Heating: Natural Gas Owner Pays: Trash; Water Possession: At Recordation Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: Other - See Remarks Unit 1 Info: Porch/Patio; Range/Oven; Refrigerator Unit 2 Parking: Other - See Remarks Unit 2 Info: Porch/Patio; Range/Oven; Refrigerator Unit 3 Parking: Other - See Remarks Unit 3 Info: Porch/Patio; Range/Oven; Refrigerator Unit 4 Parking: Other - See Remarks Unit 4 Info: Porch/Patio; Range/Oven; Refrigerator Unit 5 Parking: Off Street Unit 5 Info: Laundry Room; Porch/Patio; Range/Oven; Refrigerator
Listing Office: CMA Realty
Last Updated: August - 29 - 2025
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