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$750,000
Gold Canyon, AZ 85118
MLS# 6232252
Status: Closed
1 / 36
Property Description
Nesteled in this quiet Gold Canyon Neighborhood is this rare 4 plex built under 30 years ago! Each unit features 3 bedrooms, 2 bathrooms, large family rooms and a great kitchen with plenty of room for a kitchen table. Sitting on the front porch you will enjoy the amazing views of Dinosaur mountain and the superstition mountains! Each floor has a shared washer and dryer on the backside of each unit with a sitting porch and storage closet. All 4 units are currently rented with room to increase rents. 2 units have been completely remodeled. Units do not stay vacant long when vacated. This will not last long!
Details
Maps
Contract Info
Current Price: $765,000
Sold Price: $765,000
Status: Closed
List Date: 2021-05-06
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: S46
House Number: 5777
Compass: S
Street Name: JACARANDA
St Suffix: Road
City/Town Code: Gold Canyon
State/Province: AZ
Zip Code: 85118
Zip4: 7343
Country: USA
County Code: Pinal
Legal Description (Abbrev): LOT 75 GOLDEN SPRINGS CAB 11 SLD 52
Subdivision: GOLDEN SPRINGS
Assessor's Map #: 13
Assessor's Parcel #: 75
Add'l Parcels: No
Assessor Number: 104-13-075
Legal: LOT 75 GOLDEN SPRINGS CAB 11 SLD 52
Census Tract: 316
Tax Municipality: Pinal - COUNTY
Taxes: 4029
Tax Year: 2020
Marketing Name: Jacaranda 4 Plex
General Property Description
Lot Size Dimensions: 11766
Year Built: 1997
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: 4 plex
Elementary School: Apache Junction High School
Jr. High School: Apache Junction High School
High School: Apache Junction High School
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Remarks & Misc
Cross Street: Alameda and Kings ranch road
Directions: US60 TO KINGS RANCH RD - N ON KINGS RANCH RD TO C
Geo Lat: 33.362736
Geo Lon: -111.437604
Status Change Info
Status Change Date: 2021-05-29
Off Market Date: 2021-05-14
Under Contract Date: 2021-05-13
Close of Escrow Date: 2021-05-28
Sold Price: $765,000
Legal Info
Township: 01S
Range: 09E
Section: 09
Lot Number: 75
Income & Expenses
Annual Ins Exp: 1200
Annual Maint Exp: 3000
Annual Mgmt Exp: 1920
Owner Association: No
Operating Exp: 10149
Gross Annual Sch Inc: 48576
Vacancy Allowance: 0.05
Adjusted Gross Inc: 46147.2
Net Operating Income: 40027.2
Pmt & Rate Info
Cap Rate: 5.34
Equity: 750000
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1012
Avg SqFt: 1232
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl; Wood; Ceramic Tile; Carpet
Sale Includes: Building(s) Only
Community Amenities: No Pool
Appliances Included: Refrigerator; Disposal; Microwave
Heating: Individual
Cooling: Electric
Water: City Franchise
Sewer: Septic Tank
Electric: SRP
Gas: None
Parking: None
Roads/Streets: Asphalt
Owner Pays: None
Tenant Pays: Water; Electric; Trash
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Fixed
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Fixed
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Daniel D. Smith & Associates, LLC
Last Updated: April - 25 - 2022
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