Listing ID6321284
Sold For$290,000
StatusClosed
Sold Date12/01/2021
CountyPinal
SubdivisionARIZONA CITY UNIT TWO-B
Year Built1997
Property TypeMultiple Dwellings
This Duplex is a clean and excellent performing rental property in an increasingly evolving and growing sub-market connected to Casa Grande. Both units are large with their own garage. Both units are MTM. Sewer, is the only utility paid by the Seller Water, Electric, trash, and all utilities paid directly by tenants. Huge market growth with new builds popping up on every corner, and large manufacturing appearing all over Pinal county.
County
Pinal
Property Type
Multiple Dwellings
Subdivision
ARIZONA CITY UNIT TWO-B
Year Built
1997
Zoning
CR-5
3 Bedrooms Units # Baths
2
3 Bedrooms Units Avg SqFt
1264
Cooling
Central A/C, Ceiling Fan(s)
Cooling
yes
Heating
Heat Pump
Heating
yes
Community Features
No Pool
Country
US
Elementary School District
Eloy Elementary District
General Property Description Elementary School District2
Eloy Elementary District
General Property Description High School District
Casa Grande Union High School District
High School District
Casa Grande Union High School District
Postal City
Arizona City
Township
08S
Water Source
City Franchise
Attached Garage
no
Construction Materials
Stucco, Frame - Wood
Covered Spaces
2
Electric
SRP
Garage
yes
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
100 x 138
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
100 x 138
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
8
Parking Carport
1
Parking Features
>1 Space Per Unit, Street Parking, Common
Parking Garage
1
Parking Total
10
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
07E
Public Survey Section
06
3 Bedrooms Units Avg Rent
850
Cap Rate
5.68
Disclosures
Other (See Remarks)
Gross Income
19788
Gross Scheduled Income
20400
Insurance Expense
500
Listing Terms
Other (See Remarks), Conventional, FHA, VA Loan
Maintenance Expense
750
Net Operating Income
15628
Operating Expense
4160
Owner Pays
Sewer
Professional Management Expense
1583
Tax Annual Amount
943
Tax Book Number
406.00
Tax Lot
11
Tax Year
2021
Tenant Pays
Trash Collection, Electricity, Water, Landscaping
Water Sewer Expense
384
Contact - Listing ID 6321284
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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