Address
53251 S OLD US HIGHWAY 80 --, Gila Bend, AZ
Price
$ 445,000
Property Attributes
  • MLS#6547341
  • TypeMulti-Family
  • CountyMARICOPA
  • CityGila Bend
  • Zip85337
  • StyleMultiple Dwellings
  • Year Built1916
  • Taxes$ 252
  • Price$ 445,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Stop your car come check this property! 1.432 ACRES!! Located off of the historical Highway 80, 1 mile from town. Amazing opportunity to own these rental properties. Three currently being rented at a great rental rate plus and additional RV covered slip with full hookups rented at $ 650. Tenants currently in place until June 2024. Unit A: single family features, 2 bedroom, 1 bath, great size kitchen with updated cabinets, and living room area, 2 additional bonus rooms, inside laundry tile flooring throughout. Fresh paint within a year. Unit B; single family features, 2bed 1bath, smaller kitchen with decent cabinets, 1 bath has new vanity, toilet, stand up shower, and has all tile flooring throughout. Wrap around patio. Fresh paint within Unit C: full size single wide manufactured home, 2 good size bedrooms, 2 bath, good size living and kitchen area, kitchen has a gas stove, stainless steel fridge, inside laundry, master bedroom has nice size walk-in closet, bath has a jetted tub, and storage closets. Carpet, vinyl, and laminate flooring. 2 ton mini split unit. Extended patio in the front. Some irrigation for plants. All units have mini split units and/or window units. **Sold as is, 3-4 septic tanks located on property for each unit. Also has an additional RV power hook up not currently in use.** School bus stop at property. 3 driveways off of Old HWY 80 to enter property. (Unit A & C currently rented at $1,350. Unit B & RV Slip currently vacant - *RV slip was rented for $650.*)

Elementary School Middle School High School
Gila Bend Elementary Gila Bend Elementary Gila Bend High School
Price History
4/22/2023 Listed $525,000
5/17/2023 1% - $524,999
5/27/2023 1% - $524,900
7/20/2023 1% - $524,000
8/2/2023 5% - $499,999
8/18/2023 1% - $495,000
9/7/2023 2% - $490,000
9/15/2023 2% - $485,000
10/11/2023 8% - $450,000
11/30/2023 2% - $445,000

General Features

Sewer Septic in & Cnctd
Heating None,Ceiling
Cooling 2 or More Units,Electric,Ceiling Fan(s)
Roof Metal,Rolled/Hot Mop
Zoning Agriculture
Construction Materials Painted,Frame - Wood
Year Built 1916
Electric APS
Tenant Pays None
Township 5S
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 47400.0
OwnerPays Electricity,Trash Collection,Water
Community Features Other
County Maricopa
Net Operating Income 41000.0
Operating Expense 252.0
Property Type Multiple Dwellings
Attached Garage No
Garage Y/N No
Status Active
Directions Go 1 mile north of Gila Bend
High School Gila Bend High School
City Gila Bend
Buyer Agent Compensation 2.50
Disclosures None
View Y/N No
High School District Gila Bend Unified District
Open Parking Spaces 34.0
Total Units 3
Lot Size Square Feet 0.0
Carport Y/N No
Street Name OLD US HIGHWAY 80
Elementary School Gila Bend Elementary
Tax Annual Amount 252.0
Current Financing Non Assumable
Middle/Junior High School Gila Bend Elementary
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 393
Standard Status Active
Occupancy Type Tenant
Elementary School District Gila Bend Unified District
Tax Lot XXX
Cap Rate 9.21
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Other,Carpet,Ceramic Tile,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix --
Electric On Property Y/N No

Exterior Features

Parking Features RV/Boat Parking,Add'l Parking Avail,>1 Space Per Unit
Water Source Shared Well
Total Parking 34.0
Lot Size Area 0.0
Number of Buildings 3
Spa No
Lot Dimensions TRIANGLE
Lot Size Acres 0.0
Road Surface Type Gravel,Dirt
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85337

Price
AVG $450K
$450K
Taxes
AVG $252
$252
Visits
AVG 727
729
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1916

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