Incredible investment opportunity just one block from Prescott's iconic Mt. Vernon St! This property features City-approved concept plans for a high-density multi-family development—ideal for college rentals or short-term stays like VRBO. Just a short walk to Downtown Prescott, the existing 1954 Sears and Robuck catalog - 1 Bedroom 1.5 Bath home allows for immediate rental income while you develop the remaining potential. Plans include a fourplex and a 2-story detached garage, using only 28% of the allowed 50% lot coverage. Enjoy mature trees, native landscaping, and beautiful views of Thumb Butte in a quiet, convenient location close to schools, work, and the Prescott Courthouse Square. Build using the pre-approved concept or bring your own vision. Buyer to verify their own permitting requirements. This is one you must see to appreciate the possibilities!
Courtesy of Code of the West. 928-533-9413
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