615 W Santa Rita St Street, 1,2,3,4, Superior, AZ 85173

$484,000

Property Type: Multiple Dwellings Status: Active

Current Price: $484,000 Last Modified: 1/09/2025

Description

Amazing opportunity to own a renovated, income generating property! This 4 plex offers an excellent investment opportunity with strong cash flow in an area experiencing a major rental shortage. The property includes three 2 bedroom, 1 bath units, each with private, fenced in yards, plus one 1 bedroom, 1 bath unit. All units underwent complete renovations in 2018, ensuring modern finishes and minimal maintenance. Wood floors, neutral paint tones, high ceilings, and ample living spaces. Unique private yards with stunning mountain views. Located in Superior, a highly sought after area known for its unique microclimate and scenic mountain views, and it is only about 25 minutes from the valley. Future mine jobs forecasted to create over 2000 jobs ! Triplex also available next door.

More Information MLS# 6780794

Contract Info

Current Price: $484,000 List Price: $484,000 Status: Active List Date: 2024-11-07 Ownership: Fee Simple

Location Tax Legal

House Number: 615 Compass: W Street Name: Santa Rita St St Suffix: Street City/Town Code: Superior State/Province: AZ Zip Code: 85173 Country: USA County Code: Pinal Assessor Number: 105-04-171 Tax Year: 2024

General Property Description

Lot Size Dimensions: 137 X 84 Year Built: 1936 Uncvrd Parking Spcs: 8 Total # of Units: 4 # of Buildings: 4 Zoning: [General Rural 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: Pinal and Santa Rita Directions: Hwy 60 turn on Main St going NE. At Pinal Ave go N to Santa Rita make a right to property Geo Lat: 33.292513 Geo Lon: -111.103993

Status Change Info

Status Change Date: 2025-01-09

Legal Info

Township: 105 Section: 169 Lot Number: 04

Income Expenses

Gross Annual Sch Inc: 40760 Net Operating Income: 37579

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 865 Avg SqFt: 625 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 865 Avg SqFt: 625 # Baths: 1

Contact Info

List Agent Home Phn: (480)385-9668

Property Features

Project Type: Four Plex Construction: Frame - Wood Const - Finish: Painted Roofing: Metal Floors: Wood Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Fenced; Partially Fenced Appliances Included: F/S Oven/Range; Refrigerator Cooling: Window/Wall Unit Water: Private Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking: >1 Space Per Unit Owner Pays: Water; Trash Collection Tenant Pays: Electric Source of Fincl Data: Provided by Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Trms: Not Applicable New Financing: VA; FHA; Conventional; Seller May Carry Environmental: None

Listing Office: HomeSmart

Last Updated: January - 09 - 2025

615 W Santa Rita St Street, 1,2,3,4, Superior, AZ 85173 (MLS# 6780794)