125 Sugarloaf Street Unit 5-8, Sedona, AZ 86351

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List Price
$699,000
Days on Market
1
Status
ACTIVE
MLS#
7085694
City
Sedona
Bedrooms
8
Bathrooms
8
Subdivision
Fairway Oaks
Year Built
1973

Property Description

Enjoy red rock views from this pair of fourplexes (115 and 125), within walking distance of restaurants, grocery stores, and hiking trails. The properties are offered separately at $699,000 each or together at $1,398,000, and they suit a range of investment strategies: fix-and-flip, short-term rental, or long-term rental. Both buildings have stayed consistently occupied with an excellent rental history, and the cap rate is approximately 7%. Each fourplex has four 2-bedroom, 2-bath units, generously sized bedrooms and closets, and parking out front. Flooring is terracotta tile/carpet/linoleum. Views can be enjoyed from spots throughout the property. Parcels: 405-27-417 and 405-27-418

Additional Information

Elementary School
West Sedona Elementary School
High School
Sedona Red Rock Junior/Senior High School
Middle School
Sedona Red Rock Junior/Senior High School
Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Evaporative Cooling
Electric
City Electric
Exterior Features
Rain Gutters
Flooring
Ceramic Tile
Heating
Electric
New Financing
Cash to Loan, Conventional, 1031 Exchange, Affordable Housing, Cash
Parking Features
>1 Space Per Unit, Off Street
Roofing
Composition
Sewer
Septic Tank
Subdivision
Fairway Oaks
Taxes
$2,213
Tax Year
2025
Tenant Pays
Water, Electricity, Gas, Cable TV
Units
4
Water
City Franchise
Zoning
R2-2

Courtesy of Best Flagstaff Homes Realty. 928-714-0001

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