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Ideal for savvy investors seeking a high-yield, low-touch opportunity in Prescott, this duplex at 122 Dibble St E delivers a current 7% CAP rate- well above local multi-unit averages. Both units are fully leased: Unit A (2 bdrm) at $1,537.50/month, Unit B; rear unit (1 bdrm) at $1,076.25/month, with utilities included in the rent (Rents increasing Oct 1 to Unit A; $1575.94 and Unit B; $1103.16). Recent electrical and plumbing upgrades minimize maintenance risk and raise asset appeal. Strategic flexibility: easily re-convertible to a single-family home by re-opening two passageways (one per floor) offering options for owner occupancy or conversion upside. Positioned in the heart of Prescott, just steps from RiverWalk Park, Heritage River Trail, and the nationally significant Fort Wellington, the location supports both lifestyle and lodging appeal. Prescotts strong community infrastructure, economic development plans, and recreational trails enhance investor confidence.This is a turnkey investment featuring solid income, minimal capital requirements near-term, and conversion optionality for future value optimization. Minimum 24 hours notice for showings and minimum 24 hour irrevocable on all offers. No interior photos as per the request of tenant privacy.
2 Fridges, 2 Stoves
City: Prescott
Neighborhood: Prescott
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 21, 2024 | 98 | $239,900 | $210,000 | Sold | X9428222 |
Purchase Price | $299900 |
Down Payment | $59980 |
Mortgage Insurance | $0 |
Total Mortgage | $239920 |
Mortgage Payment | $1478 |
Property Taxes | $228 |
Maintenance Fees | $0 |
Monthly Payment | $1706 |
Sold Comparables homes near 122 Dibble St E, Prescott
Located at 122 Dibble St E , this Prescott house is available for sale. This property was listed for $299,900 on Tue Aug 05 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Foyer, Living, Kitchen, Br, Br, Living, Dining, Kitchen, Br. This property comes with 2 parking spots. 122 Dibble St E, Prescott is situated in the Prescott neighbourhood.
MLS#: X12325320 · $299,900 · 3 bedroom house in Prescott, Prescott