Listing ID6232252
Sold For$765,000
StatusClosed
Sold Date5/28/2021
CountyPinal
SubdivisionGOLDEN SPRINGS
Year Built1997
Property TypeMultiple Dwellings
Nesteled in this quiet Gold Canyon Neighborhood is this rare 4 plex built under 30 years ago! Each unit features 3 bedrooms, 2 bathrooms, large family rooms and a great kitchen with plenty of room for a kitchen table. Sitting on the front porch you will enjoy the amazing views of Dinosaur mountain and the superstition mountains! Each floor has a shared washer and dryer on the backside of each unit with a sitting porch and storage closet. All 4 units are currently rented with room to increase rents. 2 units have been completely remodeled. Units do not stay vacant long when vacated. This will not last long!
County
Pinal
Property Type
Multiple Dwellings
Subdivision
GOLDEN SPRINGS
Year Built
1997
Zoning
4 plex
3 Bedrooms Units # Baths
2
3 Bedrooms Units Avg SqFt
1232
Cooling
yes
Flooring
Carpet, Ceramic Tile, Vinyl, Wood
Heating
yes
Community Features
No Pool
Country
US
Directions
US60 TO KINGS RANCH RD - N ON KINGS RANCH RD TO C
Elementary School
Apache Junction High School
Elementary School District
Apache Junction Unified District
General Property Description Elementary School
Apache Junction High School
General Property Description Elementary School District2
Apache Junction Unified District
General Property Description High School
Apache Junction High School
General Property Description High School District
Apache Junction Unified District
General Property Description Jr High School
Apache Junction High School
High School
Apache Junction High School
High School District
Apache Junction Unified District
Middle Or Junior School
Apache Junction High School
Postal City
Gold Canyon
Township
01S
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
SRP
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
11766
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
11766
Number Of Buildings
1
Number Of Units Total
4
Open Parking Spaces
8
Parking Features
None
Parking Total
8
Road Surface Type
Asphalt
Roof
Composition
Sewer
Septic Tank
Mls Status
Closed
Public Survey Range
09E
Public Survey Section
09
3 Bedrooms Units Avg Rent
1012
Cap Rate
5.34
Current Financing
Non Assumable
Disclosures
None
Gross Income
46147.2
Gross Scheduled Income
48576
Insurance Expense
1200
Listing Terms
Conventional, 1031 Exchange
Maintenance Expense
3000
Net Operating Income
40027.2
Operating Expense
10149
Owner Pays
Sewer, None
Professional Management Expense
1920
Tax Annual Amount
4029
Tax Book Number
104.00
Tax Lot
75
Tax Year
2020
Tenant Pays
Trash Collection, Electricity, Water
Contact - Listing ID 6232252
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker