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$480,000
2 Beds ⋅ 1 Baths ⋅ 1080780 MLS ⋅ 624 SqFt. ⋅ ACTIVE Status ⋅ 5,253 Sqft. Lot
RARE OPPORTUNITY...Two Charming Homes, One Special Property...Steps from the Square. Own two fully remodeled homes in the heart of Prescott on one lot; both operating as successful short-term rentals. The blend of original character and thoughtful modern updates make these homes truly special. The goal in updating these homes was to preserve their history while making each home fit for modern living. Renovations were completed by a local, licensed contractor and custom home builder. The major systems have been updated to today's standards including heating and cooling, plumbing, and electrical. Front home is 624 sq ft, 2 bed/1 bath. Back home is 396 sq ft, 1 bed/1 bath. Both are truly quaint and offer warmth and character. Live in one, rent the other -- or keep both income streams going. The parcel is zoned for Business General so the property offers great flexibility. Walk to shops, dining, live music, and everything downtown Prescott offers. This is an opportunity to become the next steward of two charming pieces of Prescott history, lovingly restored with respect for the past and ready for their next chapter.

720 W Gurley Street, Prescott
$819,000
4 Beds ⋅ 3 Baths ⋅ 1079369 MLS ⋅ 1,718 SqFt. ⋅ ACTIVE Status ⋅ 7,841 Sqft. Lot
Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Unit 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

658 W Gurley Street Unit 1-4, Prescott