Viewing Listing MLS# 6993146
$1,550,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Flagstaff, AZ 86001
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1943Year Built
- 0.00Acres
- 83 yearsEst Age
- MLS# 6993146
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market3 months, 1 day
- AreaN/A
- CountyCoconino
- Subdivision Flagstaff Townsite
Overview
Discover this investment opportunity on a high-profile corner lot in the heart of Historic Downtown Flagstaff. The iconic Lindemann House, circa 1906, blends timeless character with exceptional income potential. The property features five well-appointed residences, offering strong, diversified income. Zoned Community Commercial, this versatile property has also supported a wide range of commercial uses over the years. Seller financing is available for qualified buyers, offering the opportunity to avoid costly conventional lender fees. Seller prefers seller-financed terms. Down payment and monthly payments are negotiable and will be determined by mutually agreeable terms. Owner/Agent. Three fully furnished and successful short-term rentals include a spacious studio, a two-bedroom/one-bath apartment, and a one-bedroom/one-bath apartment. Complementing these are two long-term rentals: a furnished two-bedroom/one-bath penthouse apartment and an unfurnished one-bedroom/one-bath apartment. With a solid rental history and multiple income streams, this property offers both stability and opportunity for future growth.A large, paved parking lot provides rare and valuable off-street parking in the center of downtown Flagstaff. Previous commercial uses have included a retail running store and hair salon as well as attorney and engineering offices--demonstrating the property's flexibility and prime location.
Agriculture / Farm
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Stucco
Roof: Composition
Exterior Features
Financial
Owner Pays: Gas,Electricity,Trash Collection,Water,Sewer,Landscaping
Gross Income: 118256
Garage / Parking
Parking Features: Off Street, Paved, Assigned
Interior Features
Flooring: Tile, Laminate, Carpet, Wood
Appliances: Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Gas Oven, Washer/Dryer, W/D Hookup
Lot Info
Lot Size: Appox 78' x 134'
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: CC
Tax Info
Tax Amount Annual: 6991
Unit Info
Total Units: 5
Utilities / Hvac
Water Source: Master Meter, City Franchise
Electric: APS
Cooling: Yes
Cool System: Other, Window/Wall Unit, 2 or More Units
Heating: Hot Water, Natural Gas
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
Route 66, north on Humphreys St to the NW corner of Humphreys St and Cherry Ave
Listings courtesy of Linton Real Estate, Llc
