$425,000
$425,000
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651 W Santa Rita St A Street #1, 2, 3, 4 Superior, AZ 85173
Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6589136
Sold Date 10/21/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1936
Annual Tax Amount $477
Tax Year 2023
Lot Dimensions 137 X 84
Property Description
Cash Flow and Major shortage of rentals in town! 4 Plex that is fully occupied with stable tenants. Seller is selling both this 4 Plex and the Triplex next door that includes a nice 2 bedroom house. This 4 Plex has Three 2 Bedroom 1 Bath units with very nice private fenced in yards and one is a 1 Bedroom 1 Bath. All units have basically been completely renovated from top to bottom in 2018. Superior is a very sought after micro climate area with mountains surrounding the whole town. The best part is that it is only about 25 minutes from valley. If you enjoy, the Boyce Thompson arboretumhiking, off roading, camping or just the small town feel this is the place for you. 6.8% Cap rate for those investors that are looking for a great return. Shortage of affordable housing. This is it!
Location
State AZ
County Pinal
Zoning Residential
Direction Hwy 60 turn on Main St going NE. At Pinal Ave go N to Santa Rita make a right to property
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Wood
Appliance F/S Oven/Range
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Metal
Parking Type >1 Space Per Unit
Total Parking Spaces 8
Building
Sewer Public Sewer
Water Private Franchise
Schools
Elementary Schools John F Kennedy Elementary School
Middle Schools Superior Junior High School
High Schools Superior Senior High School
School District Superior Unified School District
Others
Senior Community No
Tax ID 105-04-171
Acceptable Financing Conventional, FHA, Owner May Carry, VA Loan
Listing Terms Conventional, FHA, Owner May Carry, VA Loan
Financing Conventional
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Bought with AZ Marketplace Realty