Century Duplex
9938 W Century Dr,
Arizona City, AZ 85123
Offering Price: $324,900 - OWNER WILL CARRY
$324,900
Price
2
Number of Units
$162,450
Price Per Unit
1,642
Building SF
6.30%
Cap Rate
7,633
Land SF
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$324,900
Price
2
Number of Units
$162,450
Price Per Unit
1,642
Building SF
6.30%
Cap Rate
7,633
Land SF
Investment Summary
**Owner Will Carry with 25% Down,4.00% Interest rate and a 3 Year Balloon** Discover a remarkable investment opportunity in the heart of Arizona City! This well-maintained duplex features two 2-bedroom, 1-bathroom units, each offering 820 square feet of living space, making it an appealing option for both tenants and investors.
Unit 1 is currently occupied by a long-term Section 8 tenant who considers it their home, paying $975 per month. The unit also features a brand-new $5,000 air conditioning system, ensuring comfort and efficiency throughout the year.
Unit 2 has recently been updated with fresh paint and new carpeting and is currently renting for $1,000 per month. Both units offer strong rental income potential and ensure excellent tenant satisfaction. The air conditioning units are serviced regularly, guaranteeing reliable performance.
Each unit has separate electricity and water meters, allowing tenants to manage their utility usage, while the owner covers sewer expenses. The property also provides ample parking and boasts low-maintenance landscaping, enhancing both functionality and convenience.
Location Summary
Welcome to Arizona City, a vibrant and welcoming community nestled in the heart of the Sonoran Desert. Located conveniently between Phoenix and Tucson, Arizona City offers a unique blend of serene desert landscapes and modern amenities, making it an ideal place for families, retirees, and young professionals.
Arizona City is known for its friendly and close-knit community, where neighbors are more like family. The area boasts a rich tapestry of cultural diversity and offers a laid-back lifestyle with a touch of Western charm. Community events and local gatherings are frequent, ensuring residents have plenty of opportunities to connect and engage.
Nestled amidst breathtaking desert landscapes, Arizona City provides limitless opportunities for outdoor enthusiasts. Residents can venture along nearby hiking and biking trails, enjoy birdwatching in the area’s natural wetlands, or play a round of golf at the local Arizona City Golf Course. The desert climate offers pleasant weather for most of the year, ideal for outdoor activities. Additionally, Sky Dive Arizona is only 15 minutes away, providing an exhilarating experience. For those who enjoy water activities and fishing, Picacho Peak State Park is just 20 minutes away and offers plenty of recreational options.
Arizona City offers a variety of essential services and amenities, including easy access to schools, healthcare facilities, and shopping centers. For more extensive shopping, dining, and entertainment options, residents can conveniently travel to the nearby cities of Casa Grande, Phoenix, or Tucson. The Banner Casa Grande Medical Facility is just 15 minutes away.
As part of Pinal County, Arizona City is experiencing steady growth and development, attracting new businesses and residents alike. This expansion has brought about improvements in infrastructure and an increase in housing options, making it a promising location for both investment and long-term residency.
FOR MORE DETAILS CONTACT
Laura Good
Realtor / Commercial / Multi-Family Specialist
(480) 406-1984
lauragoodaz@gmail.com
SA639563000
Daniela Rubio
Realtor / Commercial / Multi-Family Specialist
(480) 334-7775
danielarubiosjf@gmail.com
SA662518000
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