$719,000
Safford, AZ 85546
MLS# 6563630
1 / 8
Property Description
Great stable property! These don't go vacant very often and there is room for rents to move up. You can't find a newer nice property like this in PHX area at this price. Has been absentee owner managed for years. No mgr required.
Details
Maps
Contract Info
Current Price: $719,000
List Price: $719,000
Status: Active
List Date: 2023-06-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C74
House Number: 2008
Compass: S
Street Name: 12TH
St Suffix: Avenue
City/Town Code: Safford
State/Province: AZ
Zip Code: 85546
Zip4: 3614
Country: USA
County Code: Graham
Legal Description (Abbrev): LOTS 134 AND 135 AMENDED PLAT OF RAMADA ESTATES 1981 PARCEL 103-06-009 1981 PARCEL 103-06-008 RAMADA
Subdivision: RAMADA ESTATES
Assessor's Map #: 6
Assessor's Parcel #: 8
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 103-06-008-A
Legal: LOTS 134 AND 135 AMENDED PLAT OF RAMADA ESTATES 1981 PARCEL 103-06-009 1981 PARCEL 103-06-008 RAMADA
Census Tract: 961400
Tax Municipality: Graham - COUNTY
Taxes: 1341
Tax Year: 2022
Marketing Name: Safford Arms
General Property Description
Lot Size Dimensions: .50
Year Built: 1981
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: RES
Elementary School District: Safford Unified District
High School District: Safford Unified District
Remarks & Misc
Cross Street: S 12th Avenue
Directions: Enter it in your GPS!
Geo Lat: 32.816193
Geo Lon: -109.722252
Status Change Info
Status Change Date: 2023-06-01
Legal Info
Township: 07S
Range: 26E
Section: 19
Lot Number: 134
Income & Expenses
Annual Elec Exp: 822
Annual Ins Exp: 1400
Annual Landscape Exp: 775
Annual Wtr/Swr Exp: 822
Owner Association: No
Operating Exp: 5160
Gross Annual Sch Inc: 50000
Other Income: 1000
Adjusted Gross Inc: 51000
Net Operating Income: 45840
Pmt & Rate Info
Cap Rate: 6.24
Equity: 735000
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1050
Avg SqFt: 800
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Fenced; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave
Heating: Natural Gas; Central
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: City Gas
Parking: Street Parking; >1 Space Per Unit; Free
Roads/Streets: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
New Financing: CTL; Conventional; 1031 Exchange
Reports/Disclosures: Other (See Remarks)
Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: April - 05 - 2024
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