14999 N HIGHWAY 79 -- Florence, AZ $ 1,000,000
14999 N HIGHWAY 79 --
$ 1,000,000
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14999 N HIGHWAY 79 --

Florence, AZ, 85132
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,239

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Studio

Multi-Family Home for sale in Florence, AZ

for $1,000,000. This home was built in 1997.

4 separate contiguous parcels with 4 homes being sold as a package deal. Over 5 acres total. Each mobile home is 3 bedroom, 2 bath with their own separate septic tanks, electrical meters and on a shared well. Excellent cash flow on four separate 1.25 acre lots fully fenced with electronic controlled security gate. Several of these homes are recently upgraded with fresh paint, tile floors, granite countertops and new cabinets. Fantastic opportunity! 6.7% CAP. Owner is willing to carry with 20% down, 6% interest, 15 year amortization and a 3 year balloon. 14945 - 1344 sf, lot 55126 sf, Currently vacant and being updated with anticipated rent $1700 mo/rent or creating an owner occupied purchase opportunity. Special financing will be required ask for details.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,506

Style

Multiple Dwellings

Year Built

1997

Town/City

Florence

County/Region

Pinal

MLS | Web ID

6744806

Features
General
Sewer Septic in & Cnctd Septic Tank
Heating Electric Natural Gas Propane
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning GR
Construction Materials Steel Frame Siding
Year Built 1997
Electric Other (See Remarks)
Township 05S
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 80100.0
Community Features No Pool
County Pinal
Net Operating Income 67402.0
Operating Expense 13332.0
Insurance Expense 2942.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1600.0
Subdivision Name COMM @ NE COR OF SEC 12 5S-9E TH W 1042.26' TH S54
Garage Y/N N
Status Active
Directions From stoplight at Highway 79 and Butte in town of Florence go south one mile. Florence Homestead is on the east side of Highway 79.
City Florence
Disclosures None
High School District Florence Unified School District
Open Parking Spaces 8.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1506.0
Trash Expense 900.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Florence Unified School District
Tax Lot F
Cap Rate 6.74
New Financing: Conventional True
Senior Community N
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Interior
Flooring Carpet Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source Shared Well
Total Parking 8.0
Number of Buildings 4
Spa N
Lot Dimensions 466x466
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 14999
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* Excluded Features
List By
Re/Max Solutions

Broker

michael@themichaelkentteam.com

Email

Affordability Calculator

$6,364
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328123 Elementary School
4328184 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/16/2024$850,000 Listed Price

Map


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14999 N HIGHWAY 79 --, Florence, AZ, 85132 is a Multi-Family Home for sale at $1,000,000. 14999 N HIGHWAY 79 -- is a studio with 0.0 baths and was built in 1997. The property's zip code is 85132 which is in Florence, AZ