NOT LISTED FOR SALE

221 N Pinal St Florence, AZ 85132

8 Beds
4 Baths
704 Sq Ft
1962 Built

Last Sold July 01, 2020

Last sale price $260,000 $369 Per Sq Ft

6 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 2-minute walk to Little League Park
  • Ceramic Tile Flooring

About This Home

As of July 2020

This is a great investment opportunity to own a well maintain multiple unit apartment complex! Offering 4 separate units in this sale, each one is consisting of 2 bedrooms 1 bath. The owner living in close proximity has had the opportunity to keep these apartments in good repair. 3 of the 4 units have newer heat pumps and 1 has a york gas pack all units are serviced yearly. Landscaping and drip system renewed in 2019 as well. Many more features... All 4 units are currently occupied by long term tenants.

Last Agent to Sell the Property

Lillian Pitts

Belva's Real Estate, L.L.C. License #SA639652000 Listed on: 05/28/2020

Co-Listed By

Clayton Cathemer

Belva's Real Estate, L.L.C. License #BR675086000

Last Buyer's Agent

Ramon Nunez

Valley Views RE License #SA647158000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1962

Home Design

  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 159
  • Assessor Parcel Number 200-49-025

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 101 x 125
  • Townsite Of Florence Subdivision

Building Details

  • Operating Expense $873
  • Gross Income $24,000
  • Net Operating Income $15,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$873

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Pinal and 10th
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2019
  • Directions: Traveling on Butte Ave turn North on Pinal property is on your right hand side
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: breo01
  • Co List Office Phone: 520-868-3520
  • Subdivision Name: TOWNSITE OF FLORENCE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned, Street Parking
  • 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:Street Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Florence Unified School District

Lot Info

  • Lot Size: 101 x 125
  • Additional Parcels: No
  • Parcel #: 200-49-025

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 15700.0
  • Annual Operating Expense: 873.0

Tax Info

  • Tax Annual Amount: 873.0
  • Tax Book Number: 200.00
  • Tax Lot: 159

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $260,000 +4.0% $369 / Sq Ft
05/28/2020 05/28/20 For Sale $250,000 -- $355 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6083615

Arizona Regional Multiple Listing Service (ARMLS)