Listing ID6321401
Sold For$290,000
StatusClosed
Sold Date12/01/2021
CountyPinal
SubdivisionAMD ARIZONA CITY UNIT TWO-A
Year Built2001
Property TypeMultiple Dwellings
THERE IS CURRENTLY SOME STUFF BEING PICKED UP IN FRONT OF PROPERTY SHOULD BE PICKED UP THIS WEEK. This Duplex is an 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, one tenant has paid many months in advance and continues to roll ahead with credits. 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
AMD ARIZONA CITY UNIT TWO-A
Year Built
2001
Zoning
R-4
3 Bedrooms Units # Baths
2
3 Bedrooms Units Avg SqFt
1176
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
Brick Veneer, Slump Block
Covered Spaces
2
Electric
SRP
Garage
yes
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
100 x 151
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
100 x 151
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
4
Parking Carport
1
Parking Features
>1 Space Per Unit, Common
Parking Garage
1
Parking Total
6
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Mls Status
Closed
Public Survey Range
07E
Public Survey Section
06
3 Bedrooms Units Avg Rent
775
Cap Rate
5.09
Disclosures
None
Gross Income
18042
Gross Scheduled Income
18600
Insurance Expense
500
Listing Terms
Conventional, FHA
Maintenance Expense
750
Net Operating Income
14000
Operating Expense
4041.36
Owner Pays
Sewer
Professional Management Expense
1443.36
Tax Annual Amount
964
Tax Book Number
406.00
Tax Lot
3022
Tax Year
2021
Tenant Pays
Trash Collection, Electricity, Water, Cable TV, Landscaping
Water Sewer Expense
384
Contact - Listing ID 6321401
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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