Basics
Date added Added 2 years ago | Category Multifamily | Type 2 Plex | Status Active |
Year built 2023 | Days On Market 1 | List Price/SqFt 211.71 | County Graham |
List Number Main 22324849 | Lot Acres 0.88 acres | Municipality/Zoning Graham - R1-43 | Lot Dimensions Irregular |
View Mountain(s) | Attached/Detached Attached | MLS ID 22324849 |
Description
-
Description:
Newly Built Duplex located in Thatcher, Arizona, perfect for a first-time investor or owner occupant wanting extra income. Loan is assumable for an Owner Occupant. Units consist of 3 bedrooms/2 bathrooms and approximately 1,358 square feet EACH! One Unit is receiving $1,825 Per Month and the other unit is projected to receive $1,900 Per Month once leased. This property has very low repairs and maintenance. Tenants pay for their own electric bill and the owner only pays for the water bill. The Proforma CAP rate is 6.99%!
- Legal Description: COM AT THE N1/4 COR SEC 15, T7S, R25E TH S0D01'46''W 2430.77' TO THE TPOB TH S89D59'17''E 266.44' TH S04D06'09''W 147.72
Rooms
- Sauna Level: Thatcher Unified
- Breakfast: Eat-In
- Dining Areas: Eat-In Kitchen
- Dining Room: None
- Extra Room: None
Location
- Directions: Head South on Reay Ln and turn right onto 12th St. Turn left on Brooke Ln and property is located on the right.
Building Details
Miscellaneous
- Compensation Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
- UnBranded Virtual Tour: Owner, Single
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Unsubdivided
- Co-op Fee: $3
- Unit 2 Details: Rent: 1900
- Landscape - Front: Other: None
- Utilities: Owner, Tenant
- Direction: W
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: Town of Thatcher
- Landscape - Rear: Other: None
- Driveway: Paved: Dishwasher,Electric Range,Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Fema Flood Zone: TBD
- Assessments: $317
- Community: None
- Fire Protection: None
- Tax Code: 104-01-197
- Property Disclosures: Unknown
- Road Type: Paved
- Road Maintenance: City
- Technology: High Speed Internet
- Terms: Cash,Conventional,VA Loan
- Income: Gross Scheduled Rent: 3725.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $0
- Analysis: Cap Rate %: 0.65, 154.36
- Analysis: Gross Rent Multi: 154.36
- Analysis: Vacancy Rate %: 0.00
Listing Office
- Listing Office ShortId: 5803
- ListingOfficeName: R.O.I. Properties
- Listing Office Phone: (602) 319-1326
- Listing Office Address: 5090 N 40th St, Suite 190, Phoenix, AZ 85018
- Listing Office Url: http://www.roiproperties.com
- Listing Member Phone: (602) 319-1326, 35847
Units Information
- Unit 1 Details: Rent: 1825
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1358
- Unit 1 Details: # Bedrooms: 3
- Unit 1 Details: # Full Baths: 2
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 3
- Unit 2 Details: # Full Baths: 2
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1358
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Garage
Amenities & Features
- Interior Features: Ceiling Fan(s)
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: Sidewalks,Street Lights
- RV Parking: Other: None
- Laundry: Storage
- Main Cooling: Ceiling Fan(s),Central Air
- Main Heating: Natural Gas
- Patio/Deck: None
- Pool: None
- Security: None
- Spa: None
- Water Heater: Natural Gas
- Window Covering: None
- Gas: Natural
- Total Parking: 2
Nearby Schools
- High School: Thatcher High School
- Middle School: Thatcher Middle School
- Elementary School: Thatcher
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $0
- Expenses: Management: $0
- Expenses: Water/Sewer: $0
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $0
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $311.08