Address
651 W Santa Rita St A Street # 1,2,3,4, Superior, AZ
Price
$ 425,000
Property Attributes
  • MLS#6589136
  • TypePending
  • CountyPINAL
  • CitySuperior
  • Zip85173
  • StyleMultiple Dwellings
  • Year Built1936
  • Taxes$ 477
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Cash Flow and Major shortage of rentals in town! 4 Plex that is fully occupied with stable tenants. Seller is selling both this 4 Plex and the Triplex next door that includes a nice 2 bedroom house. This 4 Plex has Three 2 Bedroom 1 Bath units with very nice private fenced in yards and one is a 1 Bedroom 1 Bath. All units have basically been completely renovated from top to bottom in 2018. Superior is a very sought after micro climate area with mountains surrounding the whole town. The best part is that it is only about 25 minutes from valley. If you enjoy, the Boyce Thompson arboretumhiking, off roading, camping or just the small town feel this is the place for you. 6.8% Cap rate for those investors that are looking for a great return. Shortage of affordable housing. This is it!

Elementary School Middle School High School
John F Kennedy Elementary School Superior Junior High School Superior Senior High School
Price History
8/5/2023 Listed $550,000
10/13/2023 4% - $530,000
1/25/2024 20% - $425,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Roof Metal
Zoning Residential
Construction Materials Painted,Frame - Wood
Year Built 1936
Electric APS
Tenant Pays Electricity
Township 105
Unit Number 1,2,3,4
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 40760.0
OwnerPays Water,Sewer,Cable TV
Community Features No Pool
County Pinal
Net Operating Income 37579.0
Operating Expense 3181.0
Insurance Expense 1577.0
Property Type Multiple Dwellings
Attached Garage No
Garage Y/N No
Status Pending
Directions Hwy 60 turn on Main St going NE. At Pinal Ave go N to Santa Rita make a right to property
High School Superior Senior High School
City Superior
Buyer Agent Compensation 2.50
Disclosures None
View Y/N No
High School District Superior Unified School District
Open Parking Spaces 8.0
Total Units 4
Lot Size Square Feet 0.0
Carport Y/N No
Street Name Santa Rita St A
Elementary School John F Kennedy Elementary School
Tax Annual Amount 477.0
Current Financing Not Applicable
Middle/Junior High School Superior Junior High School
Trash Expense 233.0
Water Sewer Expense 894.0
Lease Renewal Y/N No
Additional Parcels Y/N Yes
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 180
Standard Status Pending
Occupancy Description Tenant
Elementary School District Superior Unified School District
Tax Lot 04
Cap Rate 7.09
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community No
New Financing True

Interior Features

Flooring Wood
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
Water Source Private Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 4
Spa No
Lot Dimensions 137 X 84
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 Pending Average in 85173

Price
AVG $280K
$430K
Taxes
AVG $614
$477
Visits
AVG 119
48
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1936

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