320 S Cortez ST, Prescott, AZ 86303
320 S Cortez ST, Prescott, AZ 86303
320 S Cortez ST, Prescott, AZ 86303
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Tammy Seymour

Tammy Seymour

+1(480) 586-0377
Listed by Delex Realty
$3,286,000
Est. payment /mo
0.34 Acres Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Prescott Original Township

MLS Listing ID 1082558

HOA Y/N false

Year Built 1942

Annual Tax Amount $2,950

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Source paar

Property Description

Prime investment opportunity in the heart of Downtown Prescott. The Pillars, located at 320 S. Cortez Street, is a historic 17-unit multifamily property featuring 7 studio and 10 one-bedroom apartments in a highly desirable, walkable location near Courthouse Square, shopping, dining, entertainment and local events.The approximately 10,000 SF brick-and-concrete building sits on 0.34 acres and offers historic architectural character, with select units featuring original hardwood flooring. Several units have been updated, providing additional opportunity to renovate remaining units and enhance rental income.Property amenities include on-site coin-operated laundry, gated lower-level access, and private parking. Some units offer city and mountain views. The desirable unit mix established rental history and prime downtown location make this a compelling opportunity for investors seeking a well-positioned multifamily asset with value-add potential.17 Units | 7 Studios | 10 One-Bedrooms | Approx. 10,000 SF | 0.34 AcresFor additional information or to schedule a private showing, contact Michael Aldridge at 602-762-4830.This exceptional opportunity won't last long. Historical significance of the Pillars is outlined in the More... section. Title is being held open see private remarks.

Location

State AZ

County Yavapai

Interior

Heating Baseboard, Electric

Cooling Ceiling Fan(s)

Flooring Laminate, Tile, Vinyl, Wood

Exterior

Exterior Feature Laundry Facilities

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

Roof Type Asphalt

Street Surface Alley Paved,Asphalt,Paved

Road Frontage City Street

Building

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Prescott Area Association of Realtors (PAAR MLS)

Nearby Locations

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Tammy Seymour

Tammy Seymour

+1(480) 586-0377

Associate Broker/REALTOR® License ID: BR563640000

Associate Broker/REALTOR® License ID: BR563640000

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