938 S Church Ave., Superior, AZ 85173

938 S Church Ave., Superior, AZ 85173
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$220,000
Sold on 5/20/21
Beds Baths Sq. Ft. Taxes Built
0.00 0 $778 1952
On the market: 144 days
View full details, 15 photos, school info, and price history
Passive income at its finest with this truly ''turnkey'' duplex just outside of Phoenix Metro. Where else can you find a fully remodeled duplex with a CAP rate hovering at 9%!! Each unit is complete with 3 beds, 2 baths, tankless water heaters, granite counters, new cabinets, newer Trane AC units and each unit their own 200 amp electric meters. Owner only pays water and sewer! Established tenants paying $995 each making the gross income of this building nearly $24k/yr. There is a massive housing shortage in this area with more so on the horizon with the new copper mine opening in less than 3 years. This property has everything you could want-it's turnkey, fully rented,remodeled in the past year, high rents/cap rate, and massive upside with continued shortage of housing in the area. This one will go fast!!
Listing courtesy of Teresa Perrine, Go 4 Cash Flow