1405 N French Street, Casa Grande, AZ 85122
- $635,000
- 11
- BD
- 6
- BA
- List Price
- $635,000
- Status
- ACTIVE
- Price Change
- ▼ $10,000 1790981777
- Days on Market
- 65
- MLS#
- 7072305
- City
- Casa Grande
- Bedrooms
- 11
- Bathrooms
- 6
- Year Built
- 1963
Property Description
SELLER MAY CARRY. Terms depend on person and deal. Downpayment must clear existing debt roughly $400k down. Exceptional investment opportunity to own a fully occupied 6-unit multifamily property in the growing community of Casa Grande. This well-maintained 6-Plex offers immediate, reliable cash flow with all six units currently leased. Each tenant has completed a thorough application process, including background and credit screening, and is secured under formal lease agreements, providing added confidence for investors. Whether you're looking to expand your real estate portfolio or acquire a turnkey income-producing property, this investment offers strong rental stability and minimal vacancy concerns. Located in a desirable area with convenient access to shopping, dining, schools, major employers, and transportation routes, the property is well positioned to meet continued tenant demand. Don't miss this outstanding opportunity to own a fully leased multifamily asset in one of Casa Grande's steadily growing rental markets.
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Additional Information
- Taxes
- $1,708
- Net Operating Income
- $50,496
- Cap Rate
- 7.83
- Units
- 6
- Parking Features
- On Street
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Evaporative Cooling, Window/Wall Unit
- Heating
- Other
- Zoning
- Residential
- Subdivision
- Mcmurray Subdivision
- Community Features
- No Pool
- Electric
- APS
- Water
- Private
- Sewer
- Public Sewer
- Tenant Pays
- Water, Electricity
- New Financing
- VA Loan, Conventional, Owner May Carry, Cash
- Elementary School
- Saguaro Elementary School
- Middle School
- Casa Grande Middle School
- High School
- Casa Grande Union High School
Courtesy of SERHANT.. 623-680-6022
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