Listing ID6323653
Sold For$315,000
StatusClosed
Sold Date1/25/2022
CountyPinal
SubdivisionARIZONA CITY UNIT THREE
Year Built2004
Property TypeMultiple Dwellings
Very nice duplex in the heart of Arizona City! Seller has taken great pride in building this duplex along with caring for the units as tenants moved out. Seller paid extra for the extra post-tension for the foundation. A/C units are oversized and distributes air evenly to all rooms. Each unit is a 2 bed, 2 bath with 1139 sf each. This is one of the nicest duplexes in the area. Come drive by today! Starting at the first of the year tenants will be month to month. Both pay $700/Month and pay their own utilities.
County
Pinal
Property Type
Multiple Dwellings
Subdivision
ARIZONA CITY UNIT THREE
Year Built
2004
Zoning
CR-4
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
1139
Cooling
2 or More Units, Central A/C, Individual
Cooling
yes
Heating
Electric
Heating
yes
Community Features
See Remarks, Golf/Putting Green
Country
US
Directions
Go South on Sunland Gin Road, East on Santa Cruz, South on Berwick Drive to property.
Elementary School District
Toltec Elementary District
General Property Description Elementary School District2
Toltec Elementary District
Postal City
Arizona City
Township
08S
Water Source
City Franchise, Individual Meter
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Covered Spaces
2
Electric
Individual Meter
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
8,001 sqft
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
6
Lot Size Dimensions
8,001 sqft
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
6
Parking Carport
1
Parking Features
>1 Space Per Unit, Common
Parking Total
8
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Mls Status
Closed
Public Survey Range
07E
Public Survey Section
06
2 Bedroom Units Avg Rent
700
Cap Rate
4.59
Current Financing
Not Applicable
Disclosures
None
Gross Income
17280
Gross Scheduled Income
17040
Insurance Expense
696
Listing Terms
Conventional, 1031 Exchange, FHA, Owner May Carry, VA Loan
Net Operating Income
14464
Operating Expense
2354
Owner Pays
Other, Sewer
Tax Annual Amount
1118
Tax Book Number
406.00
Tax Lot
2278
Tax Year
2021
Tenant Pays
Trash Collection, Electricity, Water, Cable TV
Water Sewer Expense
540
Contact - Listing ID 6323653
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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