539 Lincoln Avenue, Prescott, AZ 86301
- $674,000
- 2
- BD
- 1
- BA
- 928
- SqFt
- List Price
- $674,000
- Price Change
- ▼ $25,000 1781301056
- Status
- ACTIVE
- MLS#
- 1080329
- City
- Prescott
- Bedrooms
- 2
- Bathrooms
- 1
- Living SQFT
- 928
- Subdivision
- Home Acre Tract
- Year Built
- 1928
- Type
- Single Family Residence
Property Description
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 rental.
Additional Information
- Acres
- 0.29
- Construction
- Frame, Other, Stone
- Cooling
- Ductless Mini-Split
- Electric
- 220 Volts
- Exterior Features
- Dog Run, Driveway Gravel, Carriage/Guest House, Landscaping-Front, Landscaping-Rear, Level Entry, See Remarks, Storm Gutters, Pantry
- Fencing
- Back Yard, Privacy
- Flooring
- Vinyl
- Heating
- Mini-Split Unit(s)
- Living Area
- 928
- Other Rooms
- Laundry Room, Other - See Remarks, Storage
- Parking Features
- Pantry
- Stories
- 1
- Style
- Cottage
- Subdivision
- Home Acre Tract
- Taxes
- $1,057
- Tax Year
- 2025
- Utilities
- Electricity Available, Individual Meter, Natural Gas Available
- Water
- Public
- Zoning
- MF
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Listing courtesy of Realty ONE Group Mountain Desert.