25 N BAILEY Street Active Save Request In-Person Tour Request Virtual Tour
Florence,AZ 85132
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,203 sqft
Price per Sqft $140
Subdivision Townsite Of Florence
MLS Listing ID 6824999
Style Territorial/Santa Fe
Bedrooms 3
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1881
Annual Tax Amount $1,338
Tax Year 2024
Lot Size 0.355 Acres
Acres 0.35
Property Sub-Type Single Family Residence
Property Description
Historic, beautifully and uniquely updated, meticulously maintained adobe rowhouse in picturesque, up-and-coming Old Town Florence. This one-of-a-kind property has two units: the larger one (1700 + sf) is two bedrooms and one bath, and the other (1100 + sf) one bedroom and one bath. Both units were completely rehabbed in 2017, including all new everything: metal roof, interior and exterior stucco, high ceilings, Milgard double-pane windows, interior and exterior doors, plumbing, electric, heat pumps, luxury vinyl flooring, tile, granite countertops, custom lighting, farmhouse sinks, custom fixtures, free standing clawfoot tubs, walk-in tiled showers and more. The property encompasses the entire block and contains three separate yards with patios, outdoor seating, privacy fences and... walls, cactus gardens with automatic drip irrigation (new PVC system in 2022), a large pergola, and a good-sized adobe outbuilding which could be updated and used as an office, she shed, man cave, or storage. There is also a large, metal-roofed, two-car garage. Current owners live in the one-bedroom half of the property and have been employing the two-bedroom side as a successful short-term rental with income between $20,000 and $30,000 a year, with clear potential for more. An Airbnb "guest favorite" with consistent five-star reviews and loyal guests who return year after year, the two-bedroom side can accommodate six, and the one-bedroom side can accommodate four or five. A savvy investor with decent marketing capabilities could easily leverage a direct-rental system, increase bookings, and keep Airbnb's current take. The property is also zoned for commercial use, which adds to its vast potential. You will not find another property like this in Florence or the general area, where 1300 sf, charmless cookie-cutter "starter" homes on tiny lots are selling for $300,000 plus. Schedule a visit to see this beauty. You'll be blown away. Current furnishings negotiable, making this a fabulous turn-key investment opportunity.
Location
State AZ
County Pinal
Community Townsite Of Florence
Direction Use GPS
Rooms
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen,No Interior Steps,Kitchen Island,2 Master Baths,Full Bth Master Bdrm,Separate Shwr & Tub,High Speed Internet,Granite Counters
Heating Other,See Remarks,Electric
Cooling Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Programmable Thmstat
Flooring Vinyl,Tile
Fireplaces Type 2 Fireplace,None
Fireplace No
Window Features Low-Emissivity Windows,Dual Pane
SPA None
Exterior
Exterior Feature Private Yard,Storage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Historic District
Amenities Available None
Roof Type Metal
Porch Covered Patio(s),Patio
Private Pool No
Building
Lot Description Sprinklers In Rear,Sprinklers In Front,Corner Lot,Desert Back,Desert Front,Gravel/Stone Front,Gravel/Stone Back,Auto Timer H2O Front,Auto Timer H2O Back
Story 1
Builder Name Unknown
Sewer Public Sewer
Water City Water
Architectural Style Territorial/Santa Fe
Structure Type Private Yard,Storage
New Construction No
Schools
Elementary Schools Florence K-8
Middle Schools Florence K-8
High Schools Florence High School
School District Florence Unified School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 200-49-062-A
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Horse Property N
Listing Terms Cash,Conventional,FHA,VA Loan