Listing ID6397743
Price$850,000
StatusActive
CountyPinal
SubdivisionS12 T5S R9E
Year Built1998
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Cash flow on these four 1.25 acre lots fully fenced with electronic controlled access security gate. Collect solid investor return on leases that are staggered so your owner occupant client can move into one for their primary or second home while they enjoy cash flow. These homes are recently upgraded with paint, tile floors, granite countertops and new cabinets. Serviced by clean, clear water private well.
County
Pinal
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
S12 T5S R9E
Year Built
1998
Zoning
GR
3 Bedrooms Units
4
3 Bedrooms Units: Average SqFt
1440
3 Bedrooms Units: Number of Baths
2
Appliances Included
BI Oven/Range, Dishwasher, F/S Oven/Range, Microwave, Refrigerator
Cooling
Electric, Heat Pump
Floors
Carpet, Ceramic Tile, Wood
Heating
Central, Electric, Natural Gas
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds, Vertical Blinds
Total Units
4
Construction
Frame - Wood
Exterior Amenities
Fenced, Guard Gate, Patio/Balcony, Separate Storage
Exterior Finish
Painted, Siding
Lot Size Dimensions
Approx. 466'x466'
Parking
>1 Space Per Unit, Assigned, Free
Roads/Streets
Private Street
Roofing
Comp Shingle
Total Parking Spaces
8
Country
USA
Elementary School
Florence K-8
High School
Florence High School
High School District Number
0001 - Florence Unified District - Pinal
Lot Number
F
Map Code/Grid
W47
Range
09E
School District
0001 - Florence Unified District - Pinal
Section
12
Township
05S
Community Amenities
No Pool
Electric
Other (See Remarks)
Entry Timestamp
2022-05-11T13:42:30+00:00
Gas
Propane Bottled, Propane Piped
Marketing Name
Florence Homestead
Owner Association
No
Sewer
Septic Tank
Vacancy Allowance
0.03
Water
Domestic Well, Master Meter
3 Bedrooms Units: Average Rent
1325
Adjusted Gross Income
64020
Annual Landscape Expense
100
Annual Trash Expense
1308
Annual Water/Sewer Expense
840
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
66000
Net Operating Income
52388
New Financing
Conventional, Other (See Remarks)
Operating Expense
2569
Owner Pays
Trash Collection, Water
Sale Includes
Personal Property
Tax Municipality
Pinal - COUNTY
Taxes
321
Tenant Pays
Electric, Gas
Total Monthly Rental Income
5300
Contact - Listing ID 6397743
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
