416 W 12TH Street Casa Grande, AZ ^$ 1,600,000

416 W 12TH Street

^$ 1,600,000

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416 W 12TH Street

Casa Grande, AZ, 85122

^$ 1,600,000

Studio Baths0.0

Monthly Estimate*

^$ 10,634

416 W 12TH Street, Casa Grande, AZ 85122 - Image 1

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416 W 12TH Street, Casa Grande, AZ 85122 - Image 3

416 W 12TH Street, Casa Grande, AZ 85122 - Image 4

416 W 12TH Street, Casa Grande, AZ 85122 - Image 5

416 W 12TH Street, Casa Grande, AZ 85122 - Image 6

416 W 12TH Street, Casa Grande, AZ 85122 - Image 7

416 W 12TH Street, Casa Grande, AZ 85122 - Image 8

416 W 12TH Street, Casa Grande, AZ 85122 - Image 9

416 W 12TH Street, Casa Grande, AZ 85122 - Image 10

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416 W 12TH Street, Casa Grande, AZ 85122 - Image 12

416 W 12TH Street, Casa Grande, AZ 85122 - Image 13

Studio

Multi-Family Home for sale in Casa Grande, AZ

for $1,600,000. This home was built in 1983.

416 West 12th Street is of block construction, built in 1983, and has a fantastic unit mix which features (6) 2-bedroom / 1-bathroom units along with (2) 3-bedroom / 1-bathroom units. This garden-style apartment community has recently undergone significant interior renovations which include vinyl-plank flooring throughout, all-new kitchen appliances, kitchen cabinets, in-suite washers & dryers, as well as updated bathrooms. Property is individually metered for electricity and water! Each unit has large backyards. This is the ''set it and forget it'' investors dream, being 100% turn-key and in a location that continues to command housing through its rapid expansion.

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,007

Style

Multiple Dwellings

Year Built

1983

Town/City

Casa Grande

County/Region

Pinal

MLS | Web ID

6692764

Features

General

Sewer Public Sewer

Heating Electric

Cooling Individual Electric

Roof Composition

Zoning GR

Construction Materials Stucco Block

Year Built 1983

Electric Other (See Remarks)

Tenant Pays Electricity Water

Township 06S

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 136724.95

Community Features No Pool

County Pinal

Net Operating Income 102238.0

Operating Expense 3007.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name BENNETT'S ACRE CITY

Garage Y/N N

Status Active

City Casa Grande

Buyer Agent Compensation 2.50

Disclosures None

View Y/N N

High School District Casa Grande Union High School District

Open Parking Spaces 12.0

NumberOfUnitsTotal 8

Lot Size Square Feet 0.0

Carport Y/N N

Street Name 12TH

Tax Annual Amount 3007.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 49

Standard Status Active

Elementary School District Casa Grande Elementary District

Tax Lot 3

Cap Rate 6.39

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features >1 Space Per Unit Street Parking

Water Source City Franchise Individual Meter

Total Parking 12.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 150.53x142.56x149.57x142.55

Lot Size Acres 0.0

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 416

* Excluded Features

List By

Abi Multifamily

Broker

dallin.hammond@abimf.com

Affordability Calculator

$10,885

Per Month

Monthly Principal & Interest: $10,634
Monthly Property Taxes: $251
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Multi-family listings in Casa Grande, AZ

Average List Price ^$565,633

Percent of Sale Price 65%

About Casa Grande, AZ

56,077 Population

105% Since 2002

^$46,836 Median Income

37.38 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4328097 Elementary School

4328297 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$1,600,000		Listed Price

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416 W 12TH Street, Casa Grande, AZ, 85122 is a Multi-Family Home for sale at $1,600,000. 416 W 12TH Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 85122 which is in Casa Grande, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/6/2024.

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416 W 12TH Street

Multi-Family Home for sale in Casa Grande, AZ

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