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$425,000   Price Analysis
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651 W Santa Rita St Units 1,2,3,4
Superior, AZ 85173
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.26 acre lot. Built 1936
Listed 2023-08-05
USDA Eligible
near Superior, AZ
 

Cash Flow and Major shortage of rentals in town!

* Sale Pending *

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 nice private fenced in yards and one is a 1 Bedrom 1 Bath. All units have basically been completely renovated from top to bottom in 2018.

Superior is a sought after micro climate area with mountains surrounding the whole town. The best part is that it is about 25 minutes from valley. If you enjoy, the Boyce Thompson arboretumhiking, off roading, camping or the small town feel this is the place for you. 6.8% Cap rate for those investors that ar e looking for a fantastic return. Shortage of affordable housing. This is it!


Presented by Gilbert M Moreno at
Homesmart.
Listing Agent Photo

Property MLS #6589136 from ArizonaRegionalMLS

Total Bathrooms: 0

F/S Oven/Range

Cooling Features: Wall/Window Unit(s)
Heating Features: Electric
Heating: Yes

Flooring: Wood

Lot Size Acres: 0.2641873
Lot Size Dimensions: 137 X 84
Lot Size Square Feet: 11508

Road Frontage Type: Asphalt

Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: John F Kennedy Elementary School
High School: Superior Senior High School
Middle School: Superior Junior High School
School District: Superior Unified School District

Superior Senior High School is a public middle and high school located approximately 1 miles away.
directions icon Map directions

John F Kennedy School is a public elementary school located approximately 1.1 miles away.
directions icon Map directions

Community Features: No Pool

Annual Tax Amount: 477
Source Listing Status: Pending
County: Pinal
Directions: Hwy 60 turn on Main St going NE. At Pinal Ave go N to Santa Rita make a right to property
Tax Year: 2023
Source Property Type: Multiple Dwellings
Owner Pays: Water, Sewer, Cable TV
Parcel Number: 105-04-171
Zoning: Residential
Source System Name: C2C

Price Changed 2024-01-25
$425,000
ArizonaRegionalMLS
Relisted 2023-12-11
$530,000
ArizonaRegionalMLS
Listing removed 2023-11-29
$0
ArizonaRegionalMLS
Price Changed 2023-10-13
$530,000
ArizonaRegionalMLS
Relisted 2023-08-27
$550,000
ArizonaRegionalMLS
Listing removed 2023-08-15
$0
ArizonaRegionalMLS
Listed 2023-08-05
$550,000
ArizonaRegionalMLS

Year Built: 1936
Building Exterior Type: Painted, Frame - Wood
Construction Materials: Painted, Frame - Wood
Property Age: 88
Roof: Metal

Sewer: Public Sewer
Water Source: Private Franchise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.