129 N Kellner Avenue, Superior, AZ 85173

$595,000

Property Type: Multiple Dwellings Status: Active

Current Price: $595,000 Last Modified: 1/30/2025

Description

Seller may carry! Cash flow opportunity! Massive shortage of rentals in town! The Pretty much put a sign in front and the tenants will come! This is your opportunity to own this true gem of an income property. Major housing shortage. Great upside potential! This is a 9 BED, 8 BATH, 8 unit property in Superior, AZ. Approx. 3500 sq ft. There are Seven-1 bed, 1 bath units and One-2 bed, 1 bath unit. Live in one and rent the other seven, or rent all 8. So many possibilities. Most amazing mountain views! Located in a micro climate that makes temperatures cooler in the summer and warmer winters. Plenty of outdoors enjoyment with hiking, trails, restaurants, and close to main street. All units have separate utilities and that makes this property a home run! Studios in town running 900 m

More Information MLS# 6741793

Contract Info

Current Price: $595,000 List Price: $595,000 Status: Active List Date: 2024-08-08 Ownership: Fee Simple

Location Tax Legal

House Number: 129 Compass: N Street Name: Kellner St Suffix: Avenue City/Town Code: Superior State/Province: AZ Zip Code: 85173 Country: USA County Code: Pinal Assessor Number: 106-12-270 Tax Year: 2023

General Property Description

Lot Size Dimensions: 125x99 Year Built: 1945 Uncvrd Parking Spcs: 3 Total # of Units: 8 # of Buildings: 8 Zoning: MF Flood Zone: No Elementary School District: Superior Unified School District Elementary School: John F Kennedy Elementary School Jr. High School: Superior Junior High School

Remarks Misc

Cross Street: Porphyry and Kellner Directions: US 60 to Main St. to Kellner Geo Lat: 33.295364 Geo Lon: -111.097958

Status Change Info

Status Change Date: 2024-08-09

Legal Info

Block: 8 Lot Number: 1

Income Expenses

Gross Annual Sch Inc: 25200

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

# 1 Bedroom Units: 7 Avg Rent: 675 Avg SqFt: 435 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg SqFt: 750 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Metal Floors: Concrete Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Desert Landscaping Interior Amenities: Unfurnished Appliances Included: F/S Oven/Range Heating: Other Cooling: Window/Wall Unit; 2 or More Units Water: Private Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking: Street Parking; >1 Space Per Unit Owner Pays: Other Tenant Pays: Water; Electric Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Phone Call Lockbox Type: Other; See Private Remarks Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Seller May Carry Environmental: None

Listing Office: HomeSmart

Last Updated: January - 30 - 2025

129 N Kellner Avenue, Superior, AZ 85173 (MLS# 6741793)