NOT LISTED FOR SALE

510 W Frontier St Eloy, AZ 85131

2 Beds
2 Baths
1,500 Sq Ft
0.48 Acres

Last Sold January 04, 2021

Last sale price $260,000 $173 Per Sq Ft

3 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Eloy Junior High School Rated 9+

About This Home

As of January 2021

Meticulously cared for and well maintained block construction fourplex for sale. 100% occupied with 4 tenants all under lease. Two buildings on the property with two units in each building. Plenty of land to add a third building. Lot boasts future commercial potential. Tile throughout both buildings, no carpet. Owner has second fourplex opportunity for sale as well. Please inquire about both opportunities.
Now is your chance to get in on two great cash flow positive fourplexes! Casa Grande, Coolidge & Eloy area is experiencing residential & commercial growth with an influx of interest and investment from a few large companies. Nikola broke ground in Coolidge in August 2020 on a 1 million sf factory. Lucid Motors completed a 730,000sf facility in Casa Grande in September 2020

Last Agent to Sell the Property

Frank Diaz

Diaz Realty License #BR024797000 Listed on: 11/20/2020

Last Buyer's Agent

Frank Diaz

Diaz Realty License #BR024797000 Listed on: 11/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1972

Lot Details

  • 0.48

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Over 1 Space Per Unit

Schools

  • Curiel Elementary School
  • Eloy Junior High School
  • Vista Grande High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Legal Lot and Block 19, 20, 21 / 23
  • Assessor Parcel Number 405-05-237-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 150' x 140'
  • 3Rd Addition To Cotton City Subdivision

Building Details

  • Operating Expense $14,851
  • Gross Income $37,555
  • Net Operating Income $22,704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: HWY 84 (Frontier Street) and N Adams St
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2020
  • Directions: Interstate 10 East to Exit 208 (Sunshine Blvd) go left on Sunshine Blvd to Frontier St. Take a left on Frontier St and once you pass Adams St the building is on your right.
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: 3RD ADDITION TO COTTON CITY
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 305.0
  • Trash Expense: 537.0
  • Annual Water Sewer Expense: 2357.0

Schools

  • Elementary School: Curiel School
  • High School: Vista Grande High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Eloy Junior High School

Lot Info

  • Lot Size: 150' x 140'
  • Additional Parcels: No
  • Parcel #: 405-05-237-A

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 7875.0
  • Annual Gross Income: 37555.2
  • Insurance Expense: 1487.0
  • Maintenance Expense: 707.0
  • Property Net Operating Income: 22704.2
  • Annual Operating Expense: 14851.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 1283.0
  • Tax Block: 23
  • Tax Book Number: 405.00
  • Tax Lot: 19, 20, 21

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 List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $260,000 -11.9% $173 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $295,000 +13.5% $197 / Sq Ft
11/20/2020 11/20/20 Off Market $260,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frank Diaz

    Diaz Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6162858

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pinal County Eloy 85131

510 W Frontier St, Eloy, AZ

This home is located at 510 W Frontier St, Eloy, AZ 85131 since 20 November 2020. This property was built in 1972. 510 W Frontier St is a home located in Pinal County with nearby schools including Curiel Primary School, Eloy Intermediate School, and Eloy Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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