Address
416 W 12TH Street, Casa Grande, AZ
Price
$ 1,600,000
Property Attributes
  • MLS#6692764
  • TypeMulti-Family
  • CountyPINAL
  • CityCasa Grande
  • NeighborhoodBENNETTS ACRE CITY
  • Zip85122
  • StyleMultiple Dwellings
  • Year Built1983
  • Taxes$ 3007
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

416 West 12th Street is of block construction, built in 1983, and has a fantastic unit mix which features (6) 2-bedroom / 1-bathroom units along with (2) 3-bedroom / 1-bathroom units. This garden-style apartment community has recently undergone significant interior renovations which include vinyl-plank flooring throughout, all-new kitchen appliances, kitchen cabinets, in-suite washers & dryers, as well as updated bathrooms. Property is individually metered for electricity and water! Each unit has large backyards. This is the ''set it and forget it'' investors dream, being 100% turn-key and in a location that continues to command housing through its rapid expansion.

Price History
4/17/2024 Listed $1,600,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Individual,Electric
Roof Composition
Zoning GR
Construction Materials Stucco,Block
Year Built 1983
Electric Other (See Remarks)
Tenant Pays Electricity,Water
Township 06S
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 136724.95
OwnerPays Trash Collection,Landscaping
Community Features No Pool
County Pinal
Net Operating Income 102238.0
Operating Expense 3007.0
Property Type Multiple Dwellings
Attached Garage No
Subdivision Name BENNETT'S ACRE CITY
Garage Y/N No
Status Active
City Casa Grande
Buyer Agent Compensation 2.50
Disclosures None
View Y/N No
High School District Casa Grande Union High School District
Open Parking Spaces 12.0
Total Units 8
Lot Size Square Feet 0.0
Carport Y/N No
Street Name 12TH
Tax Annual Amount 3007.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 31
Standard Status Active
Elementary School District Casa Grande Elementary District
Tax Lot 3
Cap Rate 6.39
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features >1 Space Per Unit,Street Parking
Water Source City Franchise,Individual Meter
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions 150.53x142.56x149.57x142.55
Lot Size Acres 0.0
Road Surface Type Asphalt
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 85122

Price
AVG $980K
$1.6M
Taxes
AVG $1,767
$3,007
Visits
AVG 90
94
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1983

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