$1,275,000

Description

Prime West Sedona location with flexible income potential. This residence underwent a luxury interior remodel approximately 3 years ago, with over $400,000 invested in upgrades. Originally a single-family home, the property is currently arranged with 2 separate living spaces, offering multiple options for long-term rental income, or a blended long-term & STR income use. The front 1.5 BR residence offers beautiful views, a full kitchen, living room, private outdoor space, and tenant currently paying $3,100/month. The rear 1 BR in-law apartment is also beautifully remodeled with a full kitchen, private living space, and its own outdoor area. Recently launched as a short-term vacation rental on Airbnb at approximately $245/night and reportedly generated $7,000 to $8,000 in March & April. All previews require a 24-HOUR showing notice for Tenants in main house. Memorial Day Weekend Airbnb studio apartment booked and cannot be shown. The 30-day tenants are clean, responsible, and would love to remain renting if Buyer would like respectful tenants. There is also a connecting wall that could easily be opened if desired, allowing the property to function as one spacious single family residence with 2 new kitchens, all new appliances, while still offering flexible living options. The home includes stunning epoxied concrete flooring with a jewel-like finish, quartz islands in both kitchens and bathrooms, Fully furnished studio apartment & some furniture in main house available. The property has undergone extensive upgrades including updated plumbing, electrical, all new appliances (2 stackable washer and dryer sets, 2 dishwashers, 2 induction cooktops, 2 ovens, 2 microwaves, 2 refrigerators,) all new double pane windows, two hot water heaters, an added support beam for pitched roof, and extensive new paver patios and driveway for curb appeal. In addition, trees and brush could be trimmed back to significantly enhance and open up the spectacular red rock views, including Coffee Pot and Thunder Mountain.