Property Attributes
- MLS#6697971
- TypeMulti-Family
- CountyMARICOPA
- CityMorristown
- NeighborhoodCIRCLE CITY
- Zip85342
- StyleMultiple Dwellings
- Year Built1959
- Taxes$ 434
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Fully remodeled, Two One-Bedroom Units in the vibrant connected small community of Circle City. Duplex is separately metered. With several large employment centers and growing rents in this area you cannot go wrong making this your home or investment. New AC units. The property has been well maintained with full remodels in 2021 and 2023. The zoning allows for an additional unit. Priced to cash flow on day one. PROFESSIONAL PHOTOS COMING SOON.
Elementary School | Middle School | High School |
---|---|---|
Morristown Elementary School | Morristown Elementary School | Mountainside High School |
Price History | |
---|---|
4/28/2024 | Listed $450,000 |
General Features
Sewer | Septic in & Cnctd,Septic Tank |
---|---|
Heating | Heat Pump,Electric |
Cooling | Individual,Heat Pump,Ceiling Fan(s) |
Roof | Composition |
Zoning | R-3 |
Construction Materials | Painted,Block |
Year Built | 1959 |
Electric | APS,Individual Meter |
Tenant Pays | Trash Collection,Gas,Electricity,Cable TV,Landscaping |
Township | 6N |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Gross Income | 31869.6 |
OwnerPays | Water |
Community Features | Sport Court,Play Area,Clubhouse,No Pool |
County | Maricopa |
Net Operating Income | 11784.0 |
Operating Expense | 1943.0 |
Insurance Expense | 709.0 |
Property Type | Multiple Dwellings |
Attached Garage | No |
MaintenanceExpense | 500.0 |
Subdivision Name | CIRCLE CITY |
Garage Y/N | No |
Status | Active |
Directions | Head west from US 60. Turn right on to Gompers Cir and then Right on Reizen Drive. Property on the right. DRIVE BY TO LOOK ONLY. NO SIGN. DO NOT APPROACH DUPLEX. |
High School | Mountainside High School |
City | Morristown |
Buyer Agent Compensation | 10000.00 |
Disclosures | Other (See Remarks),Seller Prop Disc Stm,Sch of Personal Prop |
View Y/N | No |
High School District | Nadaburg Unified School District |
Open Parking Spaces | 4.0 |
Total Units | 2 |
Lot Size Square Feet | 0.0 |
Carport Y/N | No |
Street Name | REIZEN |
Elementary School | Morristown Elementary School |
Tax Annual Amount | 434.0 |
Electric Expense | 0.0 |
Current Financing | Assume - Qualify |
Fuel Expense | 0.0 |
Middle/Junior High School | Morristown Elementary School |
Trash Expense | 0.0 |
Water Sewer Expense | 300.0 |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 16 |
Standard Status | Active |
Occupancy Description | Tenant |
Elementary School District | Morristown Elementary District |
Tax Lot | 6 |
Cap Rate | 2.62 |
MobileHomeRemainsYN | No |
Buyer Agent Compensation Type | $ |
New_sp_Financing_co_Conventional5 | True |
Ownership | Fee Simple |
Existing_sp_1st_sp_Ln_sp_Trms_co_Assume_sp__hyphen__sp_Qualify | True |
Senior Community | No |
New Financing | True |
Interior Features
Flooring | Ceramic Tile,Vinyl |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Street Suffix | Drive |
Electric On Property Y/N | No |
Exterior Features
Parking Features | Paved Parking,Free,RV/Boat Parking,Add'l Parking Avail,>1 Space Per Unit |
---|---|
Water Source | Private Franchise,Individual Meter |
Total Parking | 4.0 |
Lot Size Area | 0.0 |
Number of Buildings | 1 |
Spa | No |
Lot Dimensions | 100x60 |
Lot Size Acres | 0.0 |
Road Surface Type | Asphalt |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool