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$595,000   Price Analysis
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1923 W 2nd St
Winslow, AZ 86047
Unknown bed None bath 3,555 SqFt ($167/SqFt)
Built 1944
Listed 2024-04-03, Taxes $1,499
USDA Eligible
near Winslow, AZ
 Restrictions may apply
due to home size

Excellent investment opportunity and SELLER FINANCING for this mixed use property situated on a 1.03 acre lot.

Zoned Industrial District/Route 66 Overlay the property generates strong income with the current residential uses. Also included is a secure fenced area with 2 large storage structures, a travel trailer and plenty of room for RV's, boats, vehicles and other stored items. There is a 30' easement for ingress and egress across the property to the east. This provides easy access to the gated rear storage area and buildings.In addition, the east 1/2 of the property is undeveloped and ready for your creative new uses. There also may be potential to split the lot. There are 3 separate residences including a historic single level adobe house with 3 bedrooms, 1 1/2 baths and a private fenced yard. In addition there is a single level duplex with a 3 bedroom, 1 1/2 bath apartment and a 2 bedroom, 1 bath apartment. All units include laundry hook-ups.

A variety of uses are permitted including scientific research, manufacturing, compounding, assembling, processing, treatment, manufacturing and wholesale operations. Also allowed are schools - public and private, day care centers, modular/manufactured dwelling units and multifamily dwelling units, including apartments and/or condominiums. The Route 66 overlay also states within the Industrial zne, all listed permitted uses subject to the property development standards in the R1-12, R1-7, R-2 and MFR zones shall be permitted'. Contact the City of Winslow Community Development for additional information and inquire about the possibility for a LOT SPLIT. This is a convenient location in Winslow close to transportation, shopping and schools. Winslow has a solid employment base with the BNSF Railway, Historic La Posada Hotel, Winslow Indian Health Care Center, Twin Arrows Casino, Winslow Memorial Hospital and one of the largest Arizona wind farms nearby. This is a unique mixed-use property that offers a perfect investment opportunity with its versatile zoning and income generating potential. OWNER CARRYBACK FINANCING is available for a qualified Buyer and avoids lender fees, other potential hurdles and expenses. Time to get your kicks on Old Route 66.


Presented by Bruce Bourne at
Linton Real Estate Llc.


Property MLS #196263 from Flagstaff

Central
Natural Gas
Wall Furnace

Fenced
Landscaped
Priv Yards
RV Parking
Sorage Units

Gross Scheduled Income: 40500.00
Lease Term: 1 Year +, Month to Month, No Pets
Rent Includes: Utilities Included In Rent: Trash Collection, Water

Number of Units: 3

Annual Tax Amount: 1567.00
Source Listing Status: Active
County: Navajo
Cross Street: Hwy 66 Frontage Rd
Directions: I40 to Hipkoe Dr, east on 2nd St, south onto Hwy 66 Frontage Rd, east on Old Route 66 (2nd St) to the property.
Tax Year: 2023
Source Property Type: Multi-Family
Area: 20 - Winslow
Source Neighborhood: 20 - Winslow
Parcel Number: 10312051
State Region: 1 - Other Area
Zoning: Industrial
Property Subtype: Duplex, Triplex, 4-Plex, 8-Plex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$13,617 + $964
$14,581
$1,499
2022$13,643 + $964
$14,607
$1,499
2020$11,882 + $964
$12,846
$1,440
2018$11,103 + $964
$12,066
$1,361
2017$10,857 + $964
$11,820
$1,341
2016$10,617 + $964
$11,581
$1,534
2015$12,815 + $964
$13,778
$793
2014$6,374 + $1,127
$7,501
$710
2013$5,579 + $1,137
$6,716
$675
2012$5,517 + $1,147
$6,664
$825
2011$7,385 + $1,156
$8,541
$737
2009$9,217 + $1,175
$10,392
$874
2008$9,336 + $1,195
$10,531
$830
2007$9,089 + $1,253
$10,342
$915

Price Changed 2024-05-01
$595,000
Flagstaff
Listed 2024-04-03
$625,000
Flagstaff
Sold 2002-09-16
$200,000
Public Record
Sold 1978-02-24
$44,000
Public Record

Total Square Feet Living: 3555
Year Built: 1944
Construction Materials: Construction: Frame - Wood, Masonry
Improvements: Paved Street, Street Parking, Unpaved Parking
Property Age: 80
Roof: Roof: Asphalt Shingle, Comp./Built Up, Flat, Pitched, Rolled
Year Built Source: County

City Water
Electric
Indiv. Metered
Natural Gas
Primary Meter
Sewer
Telephone
TV Cable

Winslow High School is a public high school located approximately 1.7 miles away.
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Bonnie Brennan School is a public elementary school located approximately 0.7 miles away.
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Seba Dalkai Boarding School is a public elementary and middle school located approximately 0.9 miles away.
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Red Sands Christian School is a private elementary and middle school located approximately 1.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.