$789,300
$795,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
2,631 SqFt
SOLD DATE : 09/22/2021
Key Details
Sold Price $789,300
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,631 sqft
Price per Sqft $300
Subdivision New Old Town
MLS Listing ID 527525
Sold Date 09/22/21
Originating Board Sedona Verde Valley Association of REALTORS®
Year Built 2021
Annual Tax Amount $418
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions refer to YC Plat Map in Documents
Property Description
Gateway to Historic Old Town Cottonwood Entertainment District . . . 687 N Main St., Cottonwood, AZ. 86326 - This Brand New 2 story Mid-Century Modern 2631 SF Triplex Income Property has just been finished and ready to move into! Common areas, sidewalks, parking areas, low maintenance landscape. Refer to CCRS for details! Total Electric living. Paved rear parking, tenant designated spaces. Energy efficiency all the way! HERS Rated and will acquire LEED Designation.
Architect: Architectural Works Green Inc, Reynold Radoccia, a LEED Accredited Architect. Built in 2021. Many green products used in the construction. Owner owned solar photovoltaic panels create shade canopies over the parking area, generating electricity with individual inverters to all 3 Apartments A, B & C. Two Suites B & C are residential use, the front Suite A may be retail or residential use... Building offers varied Lease Options, Long term, short term, or extended stay. Ready for new buyer to live in and or lease out. Walk to all the many outstanding restaurants, hotels, retail shops, wine tasting and art boutiques in Historic Old Town.
Utilities: Cottonwood city sewer & water, APS Electric and Internet. The rear and walkways are common areas to the PAD Development and maintained by the property owners of record as needed. There is rear parking coming in from the corner N 8th St. Tenants are required to abide by the CCRS in their lease agreements.
Additional Documents: MLS listing includes, Survey Plat, CC&R's, "About Gateway Green", Blue Prints, GIS Lot Dimensions.
Green & Energy Efficient Building Materials: All construction was done to qualify for the LEED Platinum requirements. This means that the result gives you a very energy efficient building that is healthy to live in! Quality Anderson Windows, ICF masonry wall construction separating the residential units from the commercial units, long life shingles with crystalized material that reduces the sun penetration are just a few of the many wonderful construction materials. Refer to "Gateway Green@Old Town" in documents for full scope of materials and building specifications & zoning classification.
Appliances include: 2 Dishwashers, 2 electric r/o, 2 refrigerators and 2 washer/dryer units in Units B and C. All appliances are electric and energy star. Walled outdoor patio, Covered Parking. Unit A is plumbed for a kitchen, with a ¾ bath, flexible Retail and or Residential Unit.
Certificate of Occupancy: Sept 2021
PAD Flexible Use: This building offers the ability to have your business in the front and live on site with a rental income property all in one!
Common Areas: Gateway Green & Old Town has common area easements that are the responsibility of the property owners to keep up. Refer to CCR's and Subdivision Plat for details found in Documents. Sidewalks, back parking access areas and black top. There is no HOA but as these areas need repair all the property owners share in the expense.
Easy to View: Vacant and ready for occupancy.
Location
State AZ
County Yavapai
Community New Old Town
Direction Take N Main St Cottonwood, AZ to 687 N Main St Cottonwood, AZ 86326. Turn on N 8th St & N Main St turn left into rear parking lot.
Interior
Interior Features Other, Ceiling Fan(s)
Heating Individual Heat, Solar, See Remarks
Cooling Ceiling Fan(s), Individual AC, Other
Exterior
Exterior Feature Other
Building
Builder Name Keith Newton
New Construction Yes
Others
Tax ID 40638127b
Acceptable Financing Cash to New Loan, Cash
Listing Terms Cash to New Loan, Cash
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