Nogales, AZ 85621,458 W ELM Street
Nogales, AZ 85621,458 W ELM Street
Nogales, AZ 85621,458 W ELM Street
13
$650,000
$650,000
Est.Price: ?

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458 W ELM Street Nogales, AZ 85621

Est. payment /mo
SOLD DATE : 10/25/2023

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Key Details

Sold Price $650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision City Of Nogales

MLS Listing ID 6605640

Sold Date 10/25/23

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1964

Annual Tax Amount $2,614

Tax Year 2022

Lot Dimensions IRREGULAR

Property Description

Phenomenal investment opportunity to own a 12 unit multi-family property in the heart of downtown Nogales! Property is comprised of ten 2-bedroom units and two 3-bedroom units, all at full occupancy, with a majority of the tenant being long term renters! Ten of the units are on month to month leases with two of the units on year leases through the Nogales Housing Authority. Utilities are separately metered! Located 0.1 miles away from Sacred Heart of Jesus Parish, units are walking distance to all the amenities that downtown Nogales has to offer! At a 9.38% capitalization rate and an annual gross scheduled rent of $67,200, do not miss out!

Location

State AZ

County Santa Cruz

Community City Of Nogales

Zoning NOG-MFR

Direction Start on N. Grand Avenue and W. Elm Street, head West on W. Elm Street to address on right hand side - 458 W. Elm Street

Interior

Flooring Vinyl

Appliance None

Exterior

Garage Paved Parking, Free, Street Parking

Community Features No Pool

Waterfront No

Roof Type Built-Up,Rolled/Hot Mop

Total Parking Spaces 12

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Nogales Unified District

Others

Senior Community No

Tax ID 101-43-027

Acceptable Financing Other (See Remarks), Conventional

Listing Terms Other (See Remarks), Conventional

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by Realty Executives Arizona Territory
Bought with Tierra Antigua

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Todd Lee

Broker | License ID: BR546746000

+1(602) 525-3992

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