BEDS8
BATHS
SQUARE FEET3,650
MLS#7009196
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMetes and bounds plus lot and block
SCHOOLMingus Union High School District
Property Description
INCREDIBLE OPPORTUNITY FOR A SPECIAL INVESTOR! The Surgeons House, the Grande Dame of Jerome, now available with Seller Carry at a jaw-dropping discount price because theres a twist. Seller insists on financing with 10% down at zero interest. Ill tell you why later, but first Im going to tell you about this stunning home and guest home and grounds. Currently, for decades past and for decades to come thriving as the world famous Surgeons House Bed and Breakfast of Jerome. Click on MORE, please. 5 Suites each with its own bath, which makes it 5 Master Suites. PLUS theres a full studio under the Chauffeurs Quarters plus a half bath in the common area. Magical lush grounds, trees and flowers and koi for good luck. Search The Surgeons House, Jerome AZ to see the magic. Look at the pictures and then come back here, where Ill explain the twist.The twist: attached in documents is a Memorandum Of Understanding, which basically agrees that you buy The Surgeons House with all of the furnishings except for the Sellers personal family possessions and her clothes and jewelry and car. You get it all - including the Registered business name, the website, the client/customer list, the recipes, the fabulous furniture, the forks and spoons, a reasonable training period, everything. The twist is that the Seller stays after close of escrow under a Life Tenancy agreement until she leaves in one way or another. Heres what it will look like: After close of escrow you own the property - title is in your name and you can pat yourself on the back for the amazing discount that you negotiated. You will pay Andrea $10,750 every month until youve paid it off. (There is no interest, so with all payments being totally principal youre going to chip away at what you owe her pretty quickly.) During this time you are not involved with the Bed and Breakfast or the property or the income from the property - you are completely hands off. We will negotiate the right for you to come stay to inspect your investment, a designated number of times a year. When Andrea is done she notifies you, you pay her the balance of the note within an agreed-upon reasonable amount of time and this Jerome icon is all yours.Congratulations!
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Evaporative Cooling, Win
Fenced: Yes
Garage: 1 car attached
Heating: Natural Gas, Forced Air
Home Style: Spanish, See Remarks
Lot Size: 0.41 Acres
Roof Type: Tile, Rolled/Hot Mop
Stories: 2.0
Taxes: $2,704
Year Built: 1916
Feature Descriptions
Assoc. Fee Includes: No Fees
Community Features: Historic District, Biking/Walking Path
Days on Site: 58
Exterior: Other, Painted, Stucco
Exterior: Balcony, Storage, Private Street(s), Private Yard, Other, Rain Gutters
Flooring: Tile, Wood, Concrete
Furnished: Yes
Interior: Full Bth Master Bdrm, Eat-in Kitchen, Breakfast Bar, Pantry, Kitchen Island, Upstairs, Master Downstairs, 9+ Flat Ceilings, Furnished(See Rmrks), Other, See Remarks
Laundry: Inside
Parking: Attchd Gar Cabinets, Separate Strge Area, Detached Garage, Off Street
Property Sub Type: Single Family Residence
Special View Info: City Lights, Mountain(s), City, Panoramic, Red Rocks/B
Water: Public
Local Schools
Middle School: Clarkdale-Jerome Elementary School
Elementary School: Clarkdale-Jerome Elementary School
School District: Mingus Union High School District
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group Mountain Desert
Agency Phone: 928-862-4035
Shown By
Agent Name: Cindy Nelson
Agent Phone: Cell: (480) 535-0060
Agency Title: Cindy Nelson - Realty One Group
Estimate Your Payment
Estimated Payment
$ 11,518.69 per month $10,782.94 Principal & Interest $225.33 Property Tax $510.42 Homeowner's InsuranceChange Payment Information
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100 Hill Street | MLS# 7009196
This single family home located at 100 Hill Street, Jerome, AZ 86331 is currently listed for sale with an asking price of $1,750,000. This property was built in 1916 and has 8 bedrooms with 3650 sq. ft. Hill Street is located in the Metes and bounds plus lot and block subdivision within the Mingus Union High School District school district. Search Metes And Bounds Plus Lot And Block real estate on www.myeasyhomesearch.com today.