NOT LISTED FOR SALE

Estimated Value: $92,000 - $105,000

-- Bed
-- Bath
-- Sq Ft
1965 Built

Last Sold July 03, 2024

Last sale price $98,000

Current estimated payment $591/month

54 Days on Market

About This Home

As of July 2024

TURNKEY INVESTMENT OPPORTUNITY! Already rented with long term, stable tenants that
would love to stay! This property offers an 8% cap rate with 3 separate rental units on one lot!
Two of which are site-built; 1 bedroom/1bath units and one 2002 Forrest River 8x27 RV
(conveys as personal property with sale). New flooring installed 2023, ample off-street parking,
centrally located near Fort Huachuca, shopping and the West End. Add to your portfolio or take
advantage of this great opportunity for a first-time investor to get in at a low purchase price
and high cap rate! PLEASE DO NOT DISTURB TENANTS. Cash purchase only. SELLER ACCEPTING BACKUP OFFERS

Last Agent to Sell the Property

Vicki Wright

Tierra Antigua Realty, LLC License #SA532724000 Listed on: 03/19/2024

Tierra Antigua Realty, LLC

Co-Listed By

Eileen McPeak

Tierra Antigua Realty, LLC License #SA710965000

Last Buyer's Agent

Alicia Guerrero

Tierra Antigua Realty, LLC License #SA557806000

Tierra Antigua Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking

Additional Features

  • Vinyl Flooring
  • Private Water Source

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 27 / 12
  • Assessor Parcel Number 106-71-152

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 60x139x60x139
  • Second Addition To Fry Subdivision

Building Details

  • Operating Expense $5,308
  • Gross Income $14,400
  • Net Operating Income $9,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$668

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Fry Blvd & N Canyon Dr
  • Property Type: Multiple Dwellings
  • Zoning: MH-72
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2023
  • Directions: Fry Blvd to N Canyon Dr, left on N Railroad Ave, left on N 1st St
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: long20
  • Co List Office Phone: 520-439-3900
  • Subdivision Name: SECOND ADDITION TO FRY
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SSVEC
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 657.0

Schools

  • Junior High Dist: Sierra Vista Unified District

Lot Info

  • Lot Size: 60x139x60x139
  • Additional Parcels: No
  • Parcel #: 106-71-152

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 14400.0
  • Insurance Expense: 1283.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 9092.0
  • Annual Operating Expense: 5308.0

Tax Info

  • Tax Annual Amount: 668.0
  • Tax Block: 12
  • Tax Book Number: 106.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 3, 2024
Sold by
Fischer Fred W
Bought by
Leland And Vickie French Family Trust and French
Seller's Agent
Vicki Wright
Tierra Antigua Realty, LLC
Buyer's Agent
Alicia Guerrero
Tierra Antigua Realty, LLC
List Price
$112,000
Sold Price
$98,000
Premium/Discount to List
-$14,000
-12.5%
Views
42
Current Estimated Value
$98,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187
Avg. Annual Appreciation
-0.95%

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 17, 2024
Sold by
Fischer Dianna Gallion and Fischer Richard James
Bought by
Fischer Fred W
Seller's Agent
Vicki Wright
Tierra Antigua Realty, LLC
Buyer's Agent
Alicia Guerrero
Tierra Antigua Realty, LLC
List Price
$112,000
Sold Price
$98,000
Premium/Discount to List
-$14,000
-12.5%
Views
42
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leland And Vickie French Family Trust $98,000 Pioneer Title Agency
Fischer Fred W -- Pioneer Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $98,000 -12.5% --
06/29/2024 06/29/24 Price Changed $112,000 0.0% --
05/22/2024 05/22/24 For Sale $112,000 +14.3% --
05/13/2024 05/13/24 Pending -- -- --
05/10/2024 05/10/24 Pending -- -- --
04/17/2024 04/17/24 Off Market $98,000 -- --
04/05/2024 04/05/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $112,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $675 $6,340 $1,600 $4,740
2023 $668 $5,563 $1,600 $3,963
2022 $621 $4,579 $1,600 $2,979
2021 $631 $4,536 $1,600 $2,936
2020 $663 $0 $0 $0
2019 $649 $0 $0 $0
2018 $607 $0 $0 $0
2017 $618 $0 $0 $0
2016 $556 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6679358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-71-152