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Key Details
Sold Price $295,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Rancho Grande
MLS Listing ID 6033075
Sold Date 04/13/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1981
Annual Tax Amount $1,238
Tax Year 2019
Lot Dimensions 97.97' x 73.56'
Property Description
Rare investment opportunity to own a 4-plex in the heart of Casa Grande! All units are currently rented to solid tenants. Renting this place has been easy, there has always been someone waiting to fill any vacancy. All 4 units are 2 bed, 1 bath and each have their own additional exterior storage space and covered parking spot. Tenants pay their own water, electricity, and gas (Each unit is metered separately). This 4-plex also includes a coin operated washer and dryer that gives additional income. Owner provides water and electricity to laundry, but is reimbursed via the income from the coins the tenants use to operate the machines. Located halfway in between Phoenix and Tucson in a growing area with a lot of activity. Lucid motors and Nikola Corp breaking ground nearby!!
Location
State AZ
County Pinal
Community Rancho Grande
Zoning R-3
Direction Get off the I-10 at McCartney Rd and head West. When you get to Trekell head South. Go East on Cordova Ave, then take your first right onto Amarillo St. 6th Building on the right.
Interior
Heating Electric
Cooling Central A/C
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Roof Type Built-Up
Total Parking Spaces 8
Building
Sewer Public Sewer
Water Private Franchise
New Construction No
Schools
Middle Schools Cactus Middle School
High Schools Casa Grande Union High School
School District Casa Grande Union High School District
Others
Senior Community No
Tax ID 505-05-060
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing FHA
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Bought with DPR Realty LLC