855.375.4001
Listing Courtesy of: Rick Wesselhoff - Coldwell Banker Realty 928-282-4666

101 W Pinal St Cottonwood, AZ 86326

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Multi-Family Residence
Beds
Baths
... Bed/Bath
1,290 Sq. Ft.

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Last updated on 12/12/2024 11:58 AM
Charming Historic Cottages in Old Town Cottonwood - Prime Investment Opportunity This unique property is nestled just one block off Main Street in the heart of Old Town Cottonwood, and steps away from the brand-new Hilltop Merkin Vineyard, offering stunning views from the front porch. With Old Town ...Cottonwood rapidly becoming a hotspot for tourists and wine enthusiasts, this is a rare chance to own in this highly sought-after area. Three Charming Cottages with Current Rental Income • Cottage 1: 350 sq. ft. studio with a full kitchen and bath. • Cottage 2: 430 sq. ft. 1 bed, 1 bath with kitchen. • Cottage 3: 510 sq. ft. 1 bed, 1 bath with kitchen. Each of these delightful cottages showcases the historic charm of the region. All are currently rented for immediate cashflow. One unit is currently under market rent, offering potential for increased rental income. Redevelopment Potential in a Special Planning Zone For those looking to take full advantage of the booming tourism and wine industry, this property lies within the new "Old Town Special Planning Area," allowing a mix of residential and light commercial uses. With zoning that permits buildings up to 2.5 stories high, the possibilities for redevelopment are vastwhether it be boutique lodging, vacation rentals, or commercial ventures. A Rare Find in Old Town " Current rental income in place. " Prime location near shops, dining, and vineyards. " Investment or redevelopment potential in the rapidly growing Old Town Cottonwood. Don't miss out on this exceptional opportunity to own a piece of Old Town's history while capitalizing on the future growth of the area. Continue reading
MLS#
537379
Property Type
Multi-Family
Year Built
1948
Square Feet
1,290 sq. ft
Lot Size
0.12

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Listing Courtesy of: Rick Wesselhoff - Coldwell Banker Realty 928-282-4666
Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the Sedona Verde Valley Association of REALTORS®. The listings presented on behalf of the Sedona Verde Valley Association of REALTORS® may come from many different brokers but are not necessarily all listings of the Sedona Verde Valley Association of REALTORS® are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed.
This content last refreshed on 12/12/2024 11:58 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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