1460 S DE NIZA Road
1460 S DE NIZA Road
1460 S DE NIZA Road
1460 S DE NIZA Road
1460 S DE NIZA Road
1460 S DE NIZA Road
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$445,000

1460 S DE NIZA Road

Description

Duplex with large two bedroom units, privacy yards and each with a two car garage, on a residential side street. Building went through a major renovation in 2011 including new roof. Major improvements since renovation include a new A/C unit in 2014 and new garage door and opener in 2019 in unit #2. Tenants pay all utilities and maintain landscaping. Market rent estimated to be $1150 to $1250 per unit a month. Rate of return, at this range, projected to be 5.6% to 6.1%, based on 2021 expenses. No deferred maintenance nor rent related issues. Owner would prefer to carry.

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Location

1460 S DE NIZA Road, Apache Junction, AZ 85119

Status

Sold
Stephanie Mitchell

Stephanie Mitchell

TITLE

Realtor®

Property Amenities

Interior
Other Interior Features Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
Area & Lot
Lot Area 4 Acres
MLS® ID 6330526
Year Built 1997
School District 0043 - Apache Junction Unified District - Pinal
High School Apache Junction High School
Middle School Cactus Canyon Junior High
Elementary School Peralta Trail Elementary School
Type Multi-Family
Status Sold
Exterior
Air conditioning Central A/C, Electric
Heat type Central, Electric
Water Source City Franchise, Individual Meter
Sewer Septic in Cnctd
Other Exterior Features Cable TV Available, Desert Landscaping, Fenced, Patio/Balcony
Parking 1 Space Per Unit, Add l Parking Avail, Attached, Auto Door Opener, Garage, Paved Parking
Roof Comp Shingle
Finance
Sales Price $445,000
Real Estate Tax $1,686 yearly

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