37251 N Ootam Road

    Cave Creek, AZ 85331
    • $940,000
    • STATUS: Closed
    • ON SITE: 135 days
    • MLS #: 5959584
    Sold - 09/20/2019
    $940,000
    SOLD - 09/20/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    Wonderful investment opportunity for 8 residential rental units located near the exciting downtown area of Cave Creek. The project consists of two each one-story four-plex buildings on .42 acres of land on two parcels (Tax Parcels #211-14-032B and #211-14-032C). Each four-plex has one 2 bedroom unit and three 1 bedroom units. With great views and convenient location, this well maintained complex has long term established tenants, and on-site laundry facility, additional storage availability, and each unit has a private fenced outdoor patio area. Please call the Listing Agent for the current Rent Roll, Income/Expense Summary and any additional information.

    Monthly Payment Calculator



    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-12-15T07:11:39.297.
    www.myphoenixhomesearch.com/homes/97509880

    37251 N Ootam Road Cave Creek, AZ 85331

    • Price: $959,000
    • Status: Closed
    • Updated: 14 min ago
    • MLS #: 5959584
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1988
    Built
    Neighborhood:
    Hidden Valley
    County:
    Maricopa
    Area:
    Cave Creek
    School District:
    093 - Cave Creek Unified District
    Property Description
    Wonderful investment opportunity for 8 residential rental units located near the exciting downtown area of Cave Creek. The project consists of two each one-story four-plex buildings on .42 acres of land on two parcels (Tax Parcels #211-14-032B and #211-14-032C). Each four-plex has one 2 bedroom unit and three 1 bedroom units. With great views and convenient location, this well maintained complex has long term established tenants, and on-site laundry facility, additional storage availability, and each unit has a private fenced outdoor patio area. Please call the Listing Agent for the current Rent Roll, Income/Expense Summary and any additional information.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 125 X 136 Parking 1 Space/UnitPaved ParkingAdd'l Parking Avail Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 16.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 547 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 770 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposal Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCarpetCeramic Tile Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 770.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 1025.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 2815.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 900.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 2332.00 Annual Wtr Swr Exp 2000.00 Community Amenities No Pool Cross Street Cave Creek Road And Carefree Hwy Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional Operating Exp 9576.00 Other Income 0.00 Owner Pays WaterSewerTrashLandscaping Project Type Four Plex5 - 12 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1529.00 Tenant Pays Electric Vacancy Allowance 0.00 Water City Franchise Zoning Mr-43

    Listing courtesy of Homesmart.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2019-12-15T07:11:39.297.
     
    The Laughton Team | My Home Group
    8631 W Union Hills Dr
    Peoria AZ, 85382