320 S 15th St, Cottonwood, AZ 86326
$620,000
Property Type:
Multi-Family
Square Footage:
2,800
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$620,000
List Date:
4/02/2025
Last Modified:
5/13/2025
Description
Great rental property with 5 units right in the heart of Cottonwood. Most of the unit have been remodeled recently. Property averages a 0% vacancy rate over the last decade. Very well maintained. All units are 1 bedroom 1 bathroom. Have stackable washer and dryer in the kitchen area. Every unit has a small fenced in back yard. Landlord pays trash and water. Tenants pay electricity. All units rent are slightly under market rent. All units are on month to month leases. Please call listing agents with any questions.
More Information MLS# 538741
Contract Information
Area: 10 - Cottonwood
Subdivision: Mingus Park
Sub-Type: Multi-Family
Listing Price: 645000
Current Price: $620,000
List Price/SqFt: 230.36
Status: Closed
Listing Date: 2025-04-01
Location
County: Yavapai
Tax Parcel: 40641045
Street # (Modifier): 320
Direction: S
Street Name: 15th
St Suffix: St
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Zip + 4: 3466
General Property Description
Phase: 1
Lot #: 2
Lot Acreage: 0.29
Lot Size Source: County Assessor
Zoning: C-1
Approx Total SqFt: 2800
SqFt Source: County Assessor
Living Area: 2800
Year Built: 2000
Basement YN: No
# of Floors: 1
# of Units: 5
Business Info
Business Type: Rental
Year Established: 2000
Lease Expiration/Trm: All 5 units are Month to Month
Status Change Info
Date Pended: 2025-04-22
Close Date: 2025-05-07
Sold Price: $620,000
Sold Price/SqFt: 221.43
Financing: Cash
Unit 1 Info
Unit 1: A
# Bedrooms: 1
# Baths: 1
SqFt: 560
Tenant Utilities: Electric
Rent $: 800
Unit 2 Info
Unit 2: B
# Bedrooms: 1
# Baths: 1
SqFt: 560
Tenant Utilities: Electric
Rent $: 800
Unit 3 Info
Unit 3: C
# Bedrooms: 1
# Baths: 1
SqFt: 560
Tenant Utilities: Electirc
Rent $: 783.75
Unit 4 Info
Unit 4: D
# Bedrooms: 1
# Baths: 1
Tenant Utilities: Electric
Rent $: 850
Property Features
HOA: None
Property Owners Assc: None
Baths: Interior; Single
Cooling: Ceiling Fan(s); Room Refrigeration
Construction: Frame - Wood
Commercial Amenities: Other - See Remarks
Exterior Features: Fenced Backyard; Landscape; Sprinkler/Drip
Floors: Carpet; Vinyl Plank
Heating: Baseboard
Interior Features: Dishwasher; Laundry Room; Microwave; Refrigerator
Management: Management Company
Occupancy: Rented
Road Access: County; Paved
Possession: At Recordation; Subject To Tenant Rights
Road Maintenance: County Maintained
Roof Materials: Comp Shingle
Terms Available: 1031 Exchange; Cash; Cash to New Loan
On-Site Water Trtmnt: None
Utilities Available: City Water; Electricity; Sewer (City)
Type Building: 5 or More Units
Parking: Off Street
Special Conditions: N/A
Water Heater: Electric
Listing Office: Beaver Creek Realty
Last Updated: May - 13 - 2025
Information deemed reliable but not guaranteed.