140 Garden Street, Prescott, AZ 86305 (MLS # 1085878)

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PRICE $650,000 BEDS 5 BATHS 2 HOME SIZE 1,220 sqft LOT SIZE 7,406 sqft Request More Info Schedule a Showing

Set on a tree-lined street in Prescott's Fleurys Addition, within walking distance of downtown and the Courthouse Square, this cottage-style property pairs a three-bedroom front home with a separate two-bedroom rear unit. A covered front porch with stacked stone accents, wrought iron fencing, low stone walls, and mature shade trees give it real curb appeal on a 0.17 acre lot zoned MF-H.Built in 1930, the front home keeps its character. Step in through the enclosed front porch, finished with shiplap walls, a beadboard ceiling, hardwood floors, and a wall of windows. The living room carries the hardwood through, with high ceilings, crown molding, raised-panel wall detailing, and a ceiling fan. Next to it, the family room is the home's signature space, with knotty pine paneling, exposed beams, built-in shelving and cabinetry along two walls, and a large picture window looking out to the front yard.The kitchen offers white cabinetry with open shelving, solid-surface counters, beadboard wainscoting, a pantry, and a gas range, microwave, dishwasher, and side-by-side refrigerator. It opens to a bright dining room with tile floors and a ceiling fan, and a laundry closet with a stacked washer and dryer sits just off the dining area.The primary bedroom features hardwood floors, a ceiling fan, and wall sconces, and two additional bedrooms offer hardwood floors, double-hung windows, and closets. A full bathroom with built-in linen cabinetry serves the front home, and seventeen replacement windows were installed in 2023.Behind the main home, the rear unit has two bedrooms, one bathroom, its own kitchen with a gas range and microwave, a living area warmed by a gas stove, and in-unit laundry. It is leased through February 2027 at $1,600 per month plus $200 for utilities. The front home was recently vacated and is being offered for lease at $2,200 per month, so the property works as a home with income behind it or as a two-unit rental.With both units occupied, average monthly utilities run about $178 for APS electric, $100 for water, sewer, and trash, and $75 for gas, and annual insurance is $695.Outside, the fenced lot includes front and rear landscaping, off-street and street parking, and a detached one-car garage that could be converted into a third unit (buyer to verify). A refrigerator, washer, and dryer in each unit convey. With 1930 character, a flexible two-unit layout, and downtown Prescott just a short walk away, this one is worth a look.