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Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Centerra
MLS Listing ID 6545038
Sold Date 08/18/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2005
Annual Tax Amount $1,717
Tax Year 2022
Property Description
Welcome to our assisted living property in Goodyear, Arizona - a fantastic investment opportunity that is already generating steady and reliable income. This property is currently grossing $5,000 per month in mailbox money from the tenant via lease, offering a solid 7.6% cap rate on actuals. with the owner only responsible for paying for a home warranty, property taxes, insurance, and HOA fees.
The property is situated in a peaceful and quiet neighborhood, surrounded by beautiful landscaping and well-maintained grounds.
The home features six bedrooms, and can accommodate up to six residents. The property has been well-maintained and is in excellent condition.
Location
State AZ
County Maricopa
Community Centerra
Zoning residential
Direction South on Estrella to Harrison St, west to 153rd Ln, north to Jackson St, west to 154th Ln, east to Morning Glory St to home
Interior
Heating Natural Gas
Cooling Other
Flooring Ceramic Tile, Vinyl
Appliance BI Oven/Range, Microwave, Washer/Dryer, W/D Hookup
Exterior
Community Features Other
Roof Type Tile
Total Parking Spaces 2
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Agua Fria Union High School District
Others
Senior Community No
Tax ID 500-04-655
Acceptable Financing Other (See Remarks), Conventional, 1031 Exchange
Listing Terms Other (See Remarks), Conventional, 1031 Exchange
Financing Other
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Bought with Nexthome Complete Realty