Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Verde Village Unit 2
MLS Listing ID 6799452
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $4,480
Tax Year 2024
Lot Dimensions 113 * 86
Property Description
This property has gone through major renovations in 2023 and 2024 including brand new roof, flooring, all ACs and water heaters.
The first level is designed as a shared living space, with individual rooms available for rent and tenants sharing common areas. Each of the 8 units offers an all-inclusive rent, covering electricity, water, trash, and internet. Despite its unique layout, this setup is highly popular as it offers affordable housing in Cottonwood's high-rent market. So far occupancy rate has stayed at 100% and usually there're more than 20 applicants per unit.
Owner-agent disclosure: The selling agent is also the property owner. Showings will be scheduled only after a contract is accepted. Owner-agent disclosure: The selling agent is also the property owner.
Location
State AZ
County Yavapai
Community Verde Village Unit 2
Zoning RS-10
Interior
Heating ENERGY STAR Qualified Equipment, Heat Pump, Electric
Cooling Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric, Central A/C
Flooring Ceramic Tile, Vinyl
Appliance BI Oven/Range, F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
Exterior
Parking Features Paved Parking, Free, >1 Space Per Unit, Street Parking
Community Features Community Showers, No Pool
Roof Type Foam,Rolled/Hot Mop
Total Parking Spaces 12
Building
Sewer Septic Tank
Water City Franchise, Master Meter
New Construction No
Schools
School District Mingus Union High School District
Others
Senior Community No
Tax ID 406-46-341
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
20860 N. Tatum Blvd. Ste. 275, Phoenix, AZ, 85050, United States