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1405 N French Street

Casa Grande, AZ 85122
  • $599,000
  • STATUS: Pending
  • ON SITE: 57 Days
  • MLS #: 6325865
Pending
UPDATED: 48 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

Description

INVESTORS ONLY. Great opportunity for an investor to own a 6-Plex in Casa Grande. All 6 units are fully leased with applications on file and formal leases in place with tenants who have had background and credit checks. Monthly gross rental income is $4,030/month between the 6 units. Qty 5 two bedroom/one bathroom units (a triplex and a duplex) and one stand alone studio/one bathroom unit. * New roof on all three buildings completed November, 2019. Granite landscaping added in 2020. New exterior paint on the exterior of all three buildings as well as the interior walls surrounding the property completed November, 2021. 4 of the 6 units have been updated. The remaining 2 units have had long term tenants and can be updated upon move out giving Buyer an opportunity for more income.

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-01-24T23:12:47.493.
www.yosthomes.com/homes/123587914
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1405 N French Street Casa Grande, AZ 85122

  • Price: $599,000
  • Status: Pending
  • On Site: 57 Days
  • Updated: 48 min ago
  • MLS #: 6325865
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Mcmurray Subdivision
County:
Pinal
Area:
Casa Grande
School District:
0004 - Casa Grande Elementary District - Pinal
Property Description
INVESTORS ONLY. Great opportunity for an investor to own a 6-Plex in Casa Grande. All 6 units are fully leased with applications on file and formal leases in place with tenants who have had background and credit checks. Monthly gross rental income is $4,030/month between the 6 units. Qty 5 two bedroom/one bathroom units (a triplex and a duplex) and one stand alone studio/one bathroom unit. * New roof on all three buildings completed November, 2019. Granite landscaping added in 2020. New exterior paint on the exterior of all three buildings as well as the interior walls surrounding the property completed November, 2021. 4 of the 6 units have been updated. The remaining 2 units have had long term tenants and can be updated upon move out giving Buyer an opportunity for more income.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Fenced Lot Size Dimensions 100 X 140 Parking Street Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 715 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Evaporative CoolingWindow/Wall Unit Efficiency Unit Avg Sq Ft 324 Efficiency Unit Baths 1 Floors Other Heating Other Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 687.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 48360.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 3031.92 Annual Wtr Swr Exp 1103.99 Community Amenities See Remarks Cross Street French St. & Mcmurray Blvd. Efficiency Unit Avg Rent 595.00 Efficiency Units 1 Electric Aps Gas Sw Gas Gross Annual Sch Inc 48360.00 Hoa YN No Net Operating Income 0.00 New Financing Other (See Remarks) Operating Exp 5913.91 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Tax Municipality Casa Grande Taxes 1778.00 Tenant Pays ElectricGas Vacancy Allowance 0.00 Water Private Franchise Zoning Residential

Listing courtesy of Lux Home Realty.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-01-24T23:12:47.493.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122