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654 W Gurley Street, Prescott, AZ 86305

$625,000

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Sold Price: $625,000
List Price: $645,000
Closing Date: Jun 15, 2026
Year Built: 1933
Acres: 0.17
MLS#: 1079630
Subdivision: Murphys
Lot Size: 7,405

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Property Description

Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent Cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units.NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options.Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

(928) 308-0101

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Additional Information

Construction: Frame
Cooling: Ceiling Fan(s), Ductless Mini-Split
Exterior Features: Laundry Facilities, Balcony
Financing: Conventional
Flooring: Laminate, Tile
Heating: Electric, Other
Closing Date: Jun 15, 2026
Owner Pays: All Utilities
Possession: At Recordation
REO/Short Sale: Not Applicable
Roof: Asphalt
Stories: 1
Taxes: $1,547
Tax Year: 2025
Water Heater: Natural Gas
Zoning: bg