621 W CHERRY Avenue, Flagstaff, AZ 86001

$1,150,000 Asking Price

7 beds
3 baths
3,381  sqft
Built in 1920

Fabulous investment opportunity in Downtown Flagstaff. This historic Craftsman Style home with a view of the San Francisco Peaks is only a few blocks west of downtown Flagstaff, 3 blocks east of Thorpe Park with numerous recreational opportunities, less than a mile SW of the hospital, and less than a mile NW of NAU. This location couldn't possibly be better for single tenants looking for an affordable studio apartment (5 to choose from) with close proximity to most of what Flagstaff has to offer, or for someone needing a slightly larger 2 bed/2 bath apartment. This multi-family property has been almost 100% occupied throughout the period the current owner has owned and lived in the home. Lovely Craftsman design, beautiful original Douglas Fir wood flooring in the living room and dining room, wonderful decorative (but functional) gas stove, spacious updated kitchen, primary bath with jetted tub, a basement that includes a larger recreation room or office, an all available in the 2 bedroom unit. This is truly a unique property with terrific investment potential.


Features & Amenities

Interior

General:
Full Bth Master Bdrm
Basement:
Finished
Flooring:
Carpet, Tile, Wood
A/C:
Ceiling Fan(s)
Heating:
Natural Gas
Fireplace:
Other (See Remarks)

Exterior

General:
None
Style:
Other (See Remarks)
Pool:
None

Construction

Roofing:
Composition
General:
Painted, Siding, Frame - Wood

Location

HOA Amenities:
No Fees
Originating MLS:
Arizona Regional Multiple Listing Service 2
School District:
Flagstaff Unified District
County:
Coconino

Lot

Zoning:
10012013
Fencing:
Wood

Utilities

Water:
City Water
Sewer:
Public Sewer

Financial

Source:
Arizona Regional Multiple Listing Service 2

This listing courtesy of:
RE/MAX Fine Properties, Rick Lopez

About Flagstaff, AZ

Housing

Number of Units
38,909
Median Home Value
$372,273
Median Rent
$1,188

43.73% of housing units are renter occupied.

18.24% are vacant.

Commute

Car
62.93%
Public Transportation
1.35%
Walk to Work
5.77%
Work from Home
27.71%
Other
0.41%

The median travel time to work is 14 minutes.

People

Population
95,692
Median Age
33.00
Median Household Size
2.63

Education

High School
16.86%
Associate’s Degree
7.27%
Bachelor’s Degree
26.49%
Graduate Degree
21.36%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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