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4225 N MONTEZUMA Drive Eloy, AZ 85131
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Key Details
Sold Price $160,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Toltec/Arizona Valley Unit One
MLS Listing ID 6104183
Sold Date 08/04/20
Maintenance Fees $500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2007
Annual Tax Amount $970
Tax Year 2019
Lot Dimensions 92 x 163
Property Description
Fantastic, affordable investment. Raise the rents to $650/unit market rate for a 7.7% CAP Rate. Current leases are month to month with a history of steady occupancy.
Location
State AZ
County Pinal
Community Toltec/Arizona Valley Unit One
Zoning GR
Direction North on Toltec, Right on Shira, Left on Montezuma, North to the property on the Right
Interior
Heating Electric
Cooling Central A/C
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup
Exterior
Community Features Other, See Remarks
Waterfront No
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Sewer None
Water City Franchise
New Construction Yes
Schools
Elementary Schools Toltec Elementary School
Middle Schools Eloy Junior High School
High Schools Casa Grande Union High School
School District Casa Grande Union High School District
Others
Senior Community No
Tax ID 404-02-123
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing Other
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Bought with TJ Chase Realty Group, Inc