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24 W OAK Avenue #7 Flagstaff, AZ 86001
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Key Details
Sold Price $775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mt Elden Add
MLS Listing ID 6699676
Sold Date 07/19/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2009
Annual Tax Amount $5,092
Tax Year 2021
Lot Dimensions 158.33x51.4x89.8x181.52
Property Description
Rare Opportunity for someone wanting to get into a SUCCESSFUL Investment OPPORTUNITY . Here is your chance to own 2 homes in one of Flagstaff's premier neighborhoods NOHO, live in one and STR the other to cover your mortgage. This exceptional property is unlike any other and features two distinct homes, one which includes a profitable STR. Both homes feature a low maintenance, modern architectural design with corrugated metal siding and roofs, hardie concrete board, accents of reclaimed barnwood and covered patios to enjoy the fresh mountain air. The 2 bedroom, 1.5 bath, 960 sqft home has a unique reverse layout which places the bedrooms on the main floor and the living spaces on the upper floor. As you enter the home you will fall in love with the concrete flooring and all the little details which include a Scandinavian built in desk, shoe rack and coat rack. A maple mahogany staircase ascends to the second level which showcases a luminous living area and kitchen complete with Birchwood flooring. The kitchen has concrete countertops, stainless steel appliances & stylish cabinets. Cathedral ceilings amplify the openness and natural light. The ADU(The Treehouse) above a 2-car garage provides flexible living arrangements. The Treehouse is open and bright and features cathedral ceilings and the same stylish and desirable amenities that the main home includes. Attention to detail is apparent throughout these homes and property. Both units are equipped with their own washer and dryer. This unique property would be ideal for owner occupants wanting to supplement their mortgage with rental income, investors and those looking for a multigenerational living situation. The ADU is currently a STR and grossed close to $40k in 2023. With close proximity to downtown Flagstaff activities, Buffalo Park and FMC; And you know what they say... LOCATION, LOCATION, LOCATION! This is a rare gem not to be missed!
Location
State AZ
County Coconino
Community Mt Elden Add
Zoning Overlay
Direction Beaver Street to Oak St, Right on Oak, homes are on the left. Please park on Oak Street.
Interior
Heating 2 or More Units, Electric, Natural Gas
Cooling Ceiling Fan(s)
Flooring Wood, Concrete
Appliance BI Oven/Range, Microwave, Washer/Dryer
Exterior
Garage Add'l Parking Avail, Attached, >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Metal
Parking Type Add'l Parking Avail, Attached, >1 Space Per Unit
Total Parking Spaces 3
Garage Yes
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Flagstaff Unified District
Others
Senior Community No
Tax ID 110-07-071
Acceptable Financing Conventional, VA Loan
Listing Terms Conventional, VA Loan
Financing Conventional
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Bought with Non-MLS Office