Bought with Prescott Commercial Real Estate
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Key Details
Sold Price $3,000,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1072946
Sold Date 09/04/25
HOA Y/N false
Year Built 1918
Annual Tax Amount $7,478
Tax Year 2024
Lot Size 1.170 Acres
Acres 1.17
Source paar
Property Description
Step back in time and own a piece of Jerome history! Perched majestically on the Jerome Hillside, overlooking the stunning Verde Valley, this 107-year-old gem whispers tales of the past. Originally built in 1918 by the UVX Mining Company to house its medical staff, this mixed-use property boasts timeless architecture and a prime location in the heart of Jerome's bustling visitor district. Featuring 21 residential units, 9 commercial spaces, and an adjacent 0.61-acre parking lot (48 spaces), this 21,850 sq ft property offers significant upside potential. Capitalize on the opportunity to increase rents, fill vacancies, and develop the additional lot for even greater income streams. With its captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage you can
Location
State AZ
County Yavapai
Interior
Heating Baseboard, Electric, Forced - Gas, Natural Gas, Wall Furnace
Cooling Ceiling Fan(s), Evaporative Cooling, Ductless, Room Refrigeration
Flooring Carpet, Concrete, Tile
Exterior
Exterior Feature Laundry Facilities, Balcony, Storage
Utilities Available Electricity Available, Individual Meter, Master Meters, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
Roof Type Rolled/Hot Mop
Building
Story 3
Structure Type Block,Frame,Stucco
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Submit
Listing Terms 1031 Exchange, Cash, Conventional, Submit
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