Average square foot calculated using Size range provided by listing agent.
Description
Discover this strategic investment property featuring 3 bedrooms and 1 bathroom across 1, 005 square feet of turnkey rental space in Flagstaff's prime university market. This completely renovated asset delivers immediate cash flow potential with minimal capital expenditure requirements, featuring fresh vinyl flooring, contemporary finishes, new trim work, quality carpeting, and modern light fixtures throughout. The property showcases a fully renovated bathroom with contemporary design elements that maximize functionality and appeal to tenant demographics. The covered front deck and expansive lot provide additional value propositions for renters seeking outdoor space. Recent capital improvements include exterior paint, significantly reducing near-term maintenance cost and protecting your investment returns. Positioned within close proximity to Northern Arizona University, this property capitalizes on consistent student rental demand in Flagstaff's robust university market. The strategic location also provides access to Coconino Community College, expanding the potential tenant pool to include faculty and staff. Essential amenities including Whole Foods Market and Elizabeth Archuleta County Park enhance the property's rental attractiveness and competitive positioning. This turnkey investment opportunity eliminates the renovation phase typically required in value-add properties, allowing for immediate rental income generation. The combination of recent comprehensive updates, strategic university proximity, and strong rental market fundamentals creates an ideal cash-flowing asset. The property's condition and location optimize property management efficiency while minimizing vacancy risk in Flagstaff's established educational market. Recent improvements and prime positioning deliver both immediate returns and long-term appreciation potential for discerning real estate investors.Show Description
MLS® Number201804
Laundry LevelSeparate Room, Washer/Dryer
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1982
Basement
DrivewayCarport
Garage Spaces
HeatForced Air
A/CCeiling Fan(s)
Heating Fuel
Extras
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