Listing ID6314508
Sold For$519,000
StatusClosed
Sold Date12/06/2021
CountyPinal
SubdivisionSUPERSTITION VILLA
Year Built1980
Property TypeMultiple Dwellings
Property consists of two (2) duplexes with a center courtyard and a covered parking structure. Each unit has a private fenced yard and laundry hook ups. Community laundry room currently being used exclusively by tenant in unit 2. Sheds are tenant's personal property and do not convey. All units are leased until spring 2022. Owner pays water/sewer/trash/landscape. Tenant pays electric/cable.
DRIVE BY ONLY. DO NOT DISTURB TENANTS. INSPECTIONS/SHOWINGS AFTER OFFER ACCEPTANCE.
County
Pinal
Property Type
Multiple Dwellings
Subdivision
SUPERSTITION VILLA
Year Built
1980
Zoning
GR
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
728
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Heat Pump, Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
N to 20th Ave, W to Monterey...property is where 20th Ave and Monterey meet.
Elementary School
Superstition Mountain Elementary School
Elementary School District
Apache Junction Unified District
General Property Description Elementary School
Superstition Mountain Elementary 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
Cactus Canyon Junior High
High School
Apache Junction High School
High School District
Apache Junction Unified District
Middle Or Junior School
Cactus Canyon Junior High
Postal City
Apache Junction
Township
01N
Water Source
See Remarks, Individual Meter
Attached Garage
no
Construction Materials
Slump Block
Covered Spaces
4
Electric
SRP, Individual Meter
General Property Description # of Buildings
2
General Property Description Flood Zone
No
General Property Description Lot Size Dimensions
18.98x163.89x16.98x25.51x116.06x126.83x21.21
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
2
Lot Size Dimensions
18.98x163.89x16.98x25.51x116.06x126.83x21.21
Number Of Buildings
2
Number Of Units Total
4
Open Parking Spaces
2
Parking Carport
1
Parking Features
>1 Space Per Unit, Common
Parking Total
6
Road Surface Type
Dirt, Asphalt, Alley
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
08E
Public Survey Section
29
2 Bedroom Units Avg Rent
600
Cap Rate
4.03
Disclosures
Seller Prop Disc Stm
Gardener Expense
400
Gross Income
28800
Gross Scheduled Income
28800
Insurance Expense
1065
Listing Terms
Conventional, 1031 Exchange, FHA, VA Loan
Maintenance Expense
2200
Net Operating Income
20923
Operating Expense
9637
Owner Pays
Trash Collection, Water, Sewer, Landscaping
Professional Management Expense
1400
Tax Annual Amount
1760
Tax Book Number
102.00
Tax Lot
126
Tax Year
2021
Tenant Pays
Electricity, Cable TV
Trash Expense
300
Water Sewer Expense
2412
Contact - Listing ID 6314508
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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