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$174,500
4 Beds 3 Baths 1081167 MLS 1,296 SqFt. ACTIVE UNDER CONTRACT Status 7,405 Sqft. Lot
HGTV called....they want their pilot episode back. This fully gutted property is down to the studs and ready for someone with vision, grit, and probably a contractor on speed dial. Zoned MF-M multi-family and already framed for a possible duplex, this project has electrical and plumbing in place and is set up for a planned layout of one 3 bedroom, 2 bath unit and one 1 bedroom, 1 bath unit. Whether you're looking to create a primary residence with separate living quarters, accommodate multi generational living, or add a unique income producing property to your portfolio, this one offers multiple paths to value. Complete the project and bring this blank slate opportunity back to life, with possible additional development in the rear, subject to buyer verification.

224 Madison Avenue, Prescott

$450,000
1 Beds 2 Baths 1076736 MLS 798 SqFt. ACTIVE Status 11,215 Sqft. Lot
Incredible investment opportunity just one block from Prescott's iconic Mt. Vernon St! This property features City-approved concept plans for a high-density multi-family development--ideal for college rentals or short-term stays like VRBO. Just a short walk to Downtown Prescott, the existing 1954 Sears Robuck catalog - 1 Bedroom 1.5 Bath home allows for immediate rental income while you develop the remaining potential. Plans include a fourplex and a 2-story detached garage, using only 28% of the allowed 50% lot coverage. Enjoy mature trees, native landscaping, and beautiful views of Thumb Butte in a quiet, convenient location close to schools, work, and the Prescott Courthouse Square. Build using the pre-approved concept or bring your own vision. Buyer to verify their own permitting requirements. This is one you must see to appreciate the possibilities!

337 S Pleasant Street, Prescott