$1,000,000
Coolidge, AZ 85128
MLS# 6713668
Status: Closed
1 / 3
Property Description
Great income property. 6 units $1100 - $1150 2 units $900 DO NOT CONTACT THE TENANTS.
Details
Maps
Contract Info
Current Price: $1,000,000
Sold Price: $1,000,000
Status: Closed
List Date: 2024-06-02
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 556
Compass: W
Street Name: WILSON
St Suffix: Avenue
City/Town Code: Coolidge
State/Province: AZ
Zip Code: 85128
Zip4: 4604
Country: USA
County Code: Pinal
Legal Description (Abbrev): LOT 16 BLOCK 5 WEST COOLIDGE CAB 4 SLD 3
Subdivision: WEST COOLIDGE
Assessor's Map #: 8
Assessor's Parcel #: 85
Add'l Parcels: No
Assessor Number: 204-08-085
Legal: LOT 16 BLOCK 5 WEST COOLIDGE CAB 4 SLD 3
Census Tract: 1100
Tax Municipality: Coolidge
Taxes: 2095
Tax Year: 2023
Marketing Name: 556 and 568 W Wilson
General Property Description
Lot Size Dimensions: 23255 sq ft
Year Built: 1940
Uncvrd Parking Spcs: 12
Total # of Units: 8
# of Buildings: 2
Zoning: R
Elementary School District: Coolidge Unified District
High School District: Coolidge Unified District
Remarks & Misc
Cross Street: Arizona Ave / Wilson
Geo Lat: 32.975825
Geo Lon: -111.525399
Status Change Info
Status Change Date: 2024-06-27
Off Market Date: 2024-06-26
Under Contract Date: 2024-06-05
Close of Escrow Date: 2024-06-27
Sold Price: $1,000,000
Legal Info
Township: 05S
Range: 08E
Section: 21
Block: 5
Lot Number: 16
Income & Expenses
Owner Association: No
Operating Exp: 2095
Gross Annual Sch Inc: 8400
Vacancy Allowance: 0.1
Adjusted Gross Inc: 7560
Totl Mnth Rntal Inc: 8400
Net Operating Income: 8400
Pmt & Rate Info
Cap Rate: 0.84
Equity: 1000000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 900
Avg SqFt: 650
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1100
Avg SqFt: 750
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood; Frame - Metal
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile; Carpet
Sale Includes: Other (See Remarks)
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator
Cooling: Electric
Water: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas; None
Parking: Street Parking; >1 Space Per Unit
Roads/Streets: Dedicated Street
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: Faith Real Estate and Investments, LLC
Last Updated: June - 27 - 2024
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