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 Sears and Robuck catalogue 1954 - 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. Seller requires a drive-by prior to scheduling a showing and listing agent must accompany--this is one you must see to appreciate the possibilities!
Property Features
House Interior
High Speed Internet
Other
See Remarks
Pantry
Laminate Counters
Heating Information
Other
Natural Gas
Cooling Information
Ceiling Fan(s)
Water Features
Public
Utilities
Cable Available
Basement
Partial
Fire Place
None
School Information
School Information for 337 S PLEASANT Street, Prescott, AZ 86303