70 S 8th Street West
St. Johns, AZ 85936
MLS# 239089
Status:
Closed10120 sqft
Property DescriptionAmazing investment opportunity -12 residential rental units! These 12 units are separated into four buildings, on three separate tax parcels. The first two parcels each have a fourplex, and the last parcel has two duplexes. The first two buildings were constructed in 2019, and the last two buildings were just completed in late 2021. All of the units are occupied and generating income. Two of the units are used as short-term rentals and are available to convey as furnished. 8 of the units are 2 bed 1 bath units, at 750 square feet, and four of the units are 3 bed 2 bath units at 1,030 sqft. Very high demand in the area for rentals and most of the units were booked before the construction was completed. All of the units have separate meters for power.
Street Name: 8th Street West
County: Apache
Subdivision/Neighborhood: St Johns
Directions: Heading east on Cleveland Street, go past the post office and take the next right onto 8th West. The apartments will be on the right.
Listing Date: 2022-01-17
Status: Closed
Residential Type: Building w/Land
Original List Price: 1600000
Listing Price: 1600000
Current Price: $1,400,000
Approx Lot SqFt: 33106
Year Built: 2019
Aprx SqFt: 10120
Aprx SqFt Source: Estimated
Status Change Date: 2022-06-24
Under Contract Date: 2022-06-02
Sold Date: 2022-06-22
Sold Price: $1,400,000
Sold Price P/SqFt: 138.34
Other: Heat pump split unit
Sewer Service Provider: City of SJ
Metered Water Provider: City of SJ
Business Type: Residential
Info Available: Financials
Owner Will Sell: Cash; Other
Utilities Available: Navopache; Electric - Individual Metered; Sewer Installed; Cable/Satellite TV; Metered Water
Listing Office: Landmark Homes
Last Updated: September - 04 - 2024
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