About The Property

Excellent investment opportunity! Great flex property: Cash flow as a rental, or house hack to offset mortgage. 2-unit multi-family property with 2 detached structures. 1BR/1BA & 3BR/1BA each with separate water & electric meters. The 1BR unit recently updated and currently rented at $1075/mo, and the 3BR unit vacant and currently being refreshed. Each unit has newer AC & Roof: 1BR - 2019, 3BR - 2022. Previous base leases totaled $2600/mo + pet rents. Walking distance to historic Casa Grande downtown, and close proximity to I-10 and I-8.
Courtesy of Berkshire Hathaway HomeServices Arizona Properties 480-505-6300
Listing Snapshot
Days Online
88
Last Updated
Beds
4
Year Built
1949
MLS Number
7032691
M. Logan
Top 2% performing AZ broker
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Additional Details

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Property Access
Road Surface: Asphalt
Appliances & Equipment
Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Building
Built in 1949, 2 buildings, Construction Materials: Stucco, Block
Cooling
Central Air, Ceiling Fan(s)
Disclosures
Seller Prop Disc Stm
Expenses
Insurance: $1,636, Operating: $2,298
Floors
Tile, Laminate
Heating
Heat Pump
Income
Gross Income: $29,640, Gross ScheduledIncome: $31,200, Net Operating Income: $27,457.1
Lot
Dimensions: 76x103
Owner Pays
None
Parking
1 covered spaces, 2 open parking spaces, 3 total parking spaces, Carport
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 507-03-200-A, Public Survey Range: 06E, Public Survey Section: 29, Annual Amount: $662, Tax Block: 12, Tax Book Number: 507.00, Legal Description: E-76' OF LTS 5 & 6 BLK 12 OF AMND PLAT OF MYERS 2ND ADD TO CG TOW NSITE SEC 29-6S-6E .17 AC, Lot: 5 & 6, Parcel Letter: A, Year: 2025, Zoning: GR
Utilities
Water Source: City Franchise, APS
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