404 E 4th Street, Casa Grande, AZ 85122

$280,000
3
BD
2
BA

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List Price
$280,000
Status
ACTIVE
Price Change
▼ $5,000 1786400774
Days on Market
144
MLS#
7040027
City
Casa Grande
Bedrooms
3
Bathrooms
2
Year Built
1934

Property Description

Fantastic investment opportunity in the heart of Casa Grande featuring two legal residences on one property. The main unit offers 2 bedrooms and the second unit offers 1 bedroom, making it perfect for rental income, multi-generational living, or owner-occupancy with additional cash flow. Both units have been updated, well maintained, and are clean, bright, and move-in/rent-ready with open floorplans. Separate gas and electric meters add convenience, while private outdoor spaces for each unit provide added comfort and privacy. An excellent opportunity for both seasoned and first-time investors.

Additional Information

Taxes
$557
Net Operating Income
$25,200
Cap Rate
9
Units
2
Parking Features
1 Space/Unit
Construction
Block, Wood Frame, Painted, Stucco
Roofing
Composition
Cooling
2 or More Units, Window/Wall Unit, ENERGY STAR Qualified Equipment
Heating
Zoned, Window/Wall Unit(s), ENERGY STAR Qualified Equipment
Zoning
R1
Subdivision
Townsite Of Casa Grande
Community Features
No Pool
Electric
APS, Individual Meter
Water
City Franchise
Sewer
Public Sewer, Sewer-In & Connected
Tenant Pays
Electricity, Gas, Cable TV
New Financing
VA Loan, FHA, Conventional
Elementary School
Palo Verde School
Middle School
Casa Grande Middle School

Courtesy of Rosewood Realty LLC. 480-270-4375

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