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$499,000

Est. payment - /mo

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4 Beds

2 Baths

1,400 SqFt

Active

404 S Verde Street Flagstaff, AZ 86001

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $356

Subdivision Brannen Add

MLS Listing ID 205271

Bedrooms 4

Year Built 1945

Annual Tax Amount $1,584

Tax Year 2025

Lot Size 7,000 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Source Northern Arizona Association of REALTORS®

Property Description

This rare 7,000 sq ft lot is in an unbeatable location, just blocks from NAU. It already has rental potential or buyer could add to that by redeveloping and adding an accessory dwelling unit (ADU), a rear alley facing second house, or pursuing full multi-unit redevelopment. New zoning rules allow for four units using the City of Flagstaff's new faster approval process. The parcel also conveys with a binding waiver of enforcement of the city's onerous High Occupancy Housing (HOH) Ordinance. Similar neighboring parcels are being fully redeveloped into lucrative high-density student housing duplexes and complexes. The property has been a rental for the past 5 years at 2,500/month. Rent the property while you plan the next steps for your investment! Owner is a licensed agent.

Location

State AZ

County Coconino

Community Brannen Add

Area 160 - Southside/ Brannen

Direction From Butler turn left on S O'Leary St, right on Ashurst, right on S Verde. House is on right.

Interior

Heating Forced Air

Appliance Gas Range

Laundry In Hall

Exterior

Utilities Available Cable Available

Topography Level

Building

Story Multi/Split

Entry Level Multi/Split

Level or Stories Multi/Split

Others

Tax ID 10402028

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Listed by Jackson Associates

I CAN HELP YOU MAKE AN OFFER ON THIS PROPERTY

Michael Vallee

Agent Mortgage Loan Officer 2665457

+1(480) 848-5780 | michael@valleerealty.com