Flagstaff, AZ 86001 (MLS # 200628)
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Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential. Property Overview Total Units: 12 (mix of 2- and 3-bedroom units) Total Buildings: 3 Combined Square Footage: Approximately 13,972 sq ft Lot Sizes: 601 W Dale Ave - 6,970 sq ft; 315 N Bonito St - 14,374 acres Year Built: 1966 (601 W Dale Ave), 1973 (315 N Bonito St) Prime Downtown Flagstaff Location Both properties are situated within walking distance to downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood is known for its historic charm, tree-lined streets, and proximity to parks, schools, and public transportation. Investment Highlights Strong Rental Demand: The mix of unit sizes caters to a broad tenant base, including families, students, and professionals. Value-Add Potential: Opportunities exist to enhance property value through interior upgrades and modern amenities. Stable Income Stream: The properties' prime location ensures consistent occupancy rates. Unified Sale: Both properties are to be sold together, providing a substantial foothold in Flagstaff's rental market. Nearby Amenities Education: Flagstaff High School, Eva Marshall Elementary, San Francisco de Asis Catholic School Recreation: Thorpe Park, Flagstaff Urban Trail System Transportation: Easy access to public transit and major roadways
| DAYS ON MARKET | 124 | LAST UPDATED | 6/27/2025 |
|---|---|---|---|
| YEAR BUILT | 1973 | COMMUNITY | 145 - Flagstaff Townsite |
| COUNTY | Coconino | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | 145 - Flagstaff Townsite |
|---|---|
| HEAT | Central, Natural Gas |
| TAXES | 13231 |
| UTILITIES | Sewer Connected, Electricity Available, Natural Gas Available, Phone Available, Cable Available |
| WATER | Public |
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