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309 N Humphreys Street, Flagstaff, AZ, 86001

6beds
5baths
3,650sqft
$1,550,000
$425price/sqft
$9,039/moest. monthly cost
$361,560/yrincome needed

About This Home

Discover this investment opportunity on a high-profile corner lot in the heart of Historic Downtown Flagstaff. The iconic Lindemann House, circa 1906, blends timeless character with exceptional income potential. The property features five well-appointed residences, offering strong, diversified income. Zoned Community Commercial, this versatile property has also supported a wide range of commercial uses over the years. Seller financing is available for qualified buyers, offering the opportunity to avoid costly conventional lender fees. Seller prefers seller-financed terms. Down payment and monthly payments are negotiable and will be determined by mutually agreeable terms. Owner/Agent. Three fully furnished and successful short-term rentals include a spacious studio, a two-bedroom/one-bath apartment, and a one-bedroom/one-bath apartment. Complementing these are two long-term rentals: a furnished two-bedroom/one-bath penthouse apartment and an unfurnished one-bedroom/one-bath apartment. With a solid rental history and multiple income streams, this property offers both stability and opportunity for future growth. A large, paved parking lot provides rare and valuable off-street parking in the center of downtown Flagstaff. Previous commercial uses have included a retail running store and hair salon as well as attorney and engineering offices--demonstrating the property's flexibility and prime location.

Getting Around

89
WalkingVery Walkable
63
TransitGood Transit
100
BikeBiker's Paradise

Schools

8/10
5/10
8/10
Flagstaff High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1943

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Free-Standing Gas Oven,Washer/Dryer
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5

Features

  • Flooring: Tile,Laminate,Carpet,Wood

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Other,Wall/Window Unit(s),2 or More Units

Interior Area

  • Total structure area: 3,650
  • Total interior livable area: 3,650 sqft

Property

Details

  • Parcel number: 10009001E
  • Zoning: CC

Features

  • Exterior features: Sidewalk(s),Rain Gutters

Lot

  • Lot size dimensions: Appo x 78' x 134'

Parking

  • Total spaces: 13
  • Parking features: Off Street,Paved,Assigned
  • Has uncovered spaces: Yes
  • Uncovered spaces: 13