Prescott, AZ 86301,502 Western AVE
Prescott, AZ 86301,502 Western AVE
Prescott, AZ 86301,502 Western AVE
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Listed by Realty ONE Group Mountain Desert
$1,500,000
Est. payment /mo
7,405 Sqft Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Fleurys Addition

MLS Listing ID 1078679

HOA Y/N false

Year Built 1960

Annual Tax Amount $1,610

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Source paar

Property Description

Rare downtown Prescott multi-unit opportunity on one parcel. This Multi-Family High-Density (MF-H) zoned property features three residential units across two buildings totaling approximately 4,283 sq ft, offering strong income potential and flexible use for investors or owner-occupants.The primary residence at 502 Western is a unique 2,808 sq ft concrete home featuring ADA accessibility, elevator access, and a 2-car garage. The main level includes a bedroom with fireplace, family room, laundry, storage, bath, large safe, and elevator access. The upper level offers two bedrooms, two baths, and a spacious open living area with fireplace and kitchen, plus third-floor storage. Flooring, paint, and appliances were updated in 2020.The Summit Avenue structure totals approximately 1,475 sq ft and includes two additional residential units, updated in 2015. One unit offers two bedrooms, one 3/4 bath, living area, laundry, and private patio. The second unit is a studio apartment with kitchenette, 3/4 bath, and laundry.Property was previously licensed for short-term rental (VRBO) and later licensed for residential occupancy up to 14 people. Buyer to verify current zoning, permitting, and allowable use. Multiple structures are located on one parcel.

Location

State AZ

County Yavapai

Interior

Heating Electric, Forced Air

Cooling Central Refriger

Flooring Carpet, Tile, Wood

Exterior

Exterior Feature Fence, Handicap Access, Laundry Facilities, Balcony, Sprinkler/Drip

Utilities Available Cable Available, Electricity Available, Individual Meter, Natural Gas Available, Phone Available, WWT - City Sewer

Roof Type Asphalt,Rolled/Hot Mop

Street Surface Paved

Road Frontage City Street

Building

Story 1

Structure Type Block,Frame,Other,Stucco

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


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Prescott Area Association of Realtors (PAAR MLS)

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Christopher Bosson

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502 Western AVE

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