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539 Lincoln Ave

Prescott AZ 86301

1392 sq. ft.
0.29 ac.
Other
Currently for sale - view listing

Overview

DO NOT DISTURB TENANTS Located near downtown Prescott, this highly successful Rental zoned multifamily offers a rare opportunity to own two properties in a prime location. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems,artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab.Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fencedyard. The oversized lot also offers room for a future garage or additional improvements,adding even more long-term value. There is even a tuff shed for storage in the back.The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental.An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.

Features

1392 sq. ft. floor area
0.29 ac. lot size
Other

Property history for 539 Lincoln Ave

2021
Sold
$485,000
Private Sale/Treaty on 24 Sep 2021 by Susan Garman, of West USA Realty of Prescott
2018
Sold
$215,395
06 Sep 2018 by Bob Tracy, of Client Realty
2018
Sold
$215,395
05 Sep 2018

Happy sellers in Prescott

83%
83% of sellers in Prescott reported that their sale price either exceeded or met their price expectations.

Prescott stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Prescott over the last 12 months.

Local market activity for other properties in Prescott

In the last 12 months, 107 other properties similar to 539 Lincoln Ave, have been sold.

This represents a 12% decrease in other properties sales when compared to the previous 12 months.

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