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  • Overview

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Off market

Buy a multi-family propertyat 8220 W Monaco Boulevard, Arizona City, AZ 85123

$485,000

$0/mo

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Multifamily

545 Days on market

6482255 MLS ID

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About 8220 W Monaco Boulevard multi-family property

8-CAP w/ Amazing Remodel! NEW ROOF! Fully occupied triplex w/ seasoned tenants, all units recently renovated & well maintained earning $4,370/mo. You won't find a higher CAP rate for such an upgraded property! Arizona City projected to be among highest appreciating markets in AZ, minutes from new Lucid, Nikola, Kohler & other manufacturers, who are investing $3B+ and 8,000+ new jobs in the immediate area. Stable tenant base. Low crime. Tremendous cashflow investment with A+ management in place if you choose to keep them. Convert unused garage into additional 1BR unit for value add opportunity. Transferrable home warranty from owner/agent.
8-CAP w/ Amazing Remodel! NEW ROOF! Fully occupied triplex w/ seasoned tenants, all units recently renovated & well maintained earning $4,370/mo. You won't find a higher CAP rate for such an upgraded property! Arizona City projected to be among highest appreciating markets in AZ, minutes from new Lucid, Nikola, Kohler & other manufacturers, who are investing $3B+ and 8,000+ new jobs in the immediate area. Stable tenant base. Low crime. Tremendous cashflow investment with A+ management in place if you choose to keep them. Convert unused garage into additional 1BR unit for value add opportunity. Transferrable home warranty from owner/agent.

Property details

Lot

Lot number: 1599

Size: 74X135X11

Listing

Source: Arizona Regional MLS

Bedrooms

1 one bedroom unit

One bedroom units: average rent: $1,150

2 three bedroom units

Three bedroom units: average rent: $1,652

Location

City/Town: Arizona City

County: Pinal

Subdivision: Arizona City Unit Three

House

Built in 1980

1 building

Marketing name: 8-cap Remodeled Triplex

3 units

Brick Trim/Veneer

Frame - Wood

Tri-Plex

Interior Features

Fire/Smoke Alarm(s)

Unfurnished

Floors

Ceramic Tile

Concrete

Roof

Built-Up

Comp Shingle

Property

Property type: F

Zoning: CR-5

Expenses

Operating expense: $10,992

Annual trash expense: $648

Annual water/sewer expense: $887

Income

Adjusted gross income: 4151.50

Total monthly rental income: 4455.00

Net operating income: 38826.00

Amenities

No Pool

Appliances and Equipment

BI Oven/Range

Dishwasher

Disposal

F/S Oven/Range

Refrigerator

Washer/Dryer

Parking

5 parking spaces

3 uncovered parking spaces

2 covered parking spaces

1 Space/Unit

Garage

Paved Parking

Street Parking

Cooling

Central A/C

Window/Wall Unit

Heating

Heat Pump

Water

City Franchise

Utilities

APS

None

Sewer - Private

Home Owner's Association

Homeowners' association: No

Schools

Elementary school: Toltec Elementary School

Middle school: Toltec Elementary School

High school: Casa Grande Union High School

Taxes

Taxes: 1057.00

Year: 2022

Municipality: Pinal - COUNTY

Miscellaneous

Sewer

Water

Cable TV

Electric

Monthly cost

Estimated monthly cost

$3,050/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$455,900

+$14,550

$470,450

Seller agent commission$14,550 (3%)*

$0 (0%)

Buyer agent commission$14,550 (3%)*

$14,550 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $14,550 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Nov 29, 2022 at 6:12 p.m.

Courtesy of West USA Realty
This content last updated on 11/29/2022. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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