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613 E Ruby Drive

Casa Grande, AZ 85122
  • $589,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 6552690
UPDATED: 185 min ago
$589,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Ratings & Info

Description

Welcome to your next investment opportunity! This licensed Sober Living property is a fantastic chance for passive income, with a current cap rate of 6.8 based on actuals. Located in a desirable area, this property is licensed for up to 5 residents and has been recently updated with modern finishes. The owner pays the HOA fees, property taxes, and home insurance, making this a worry-free investment. With a 5-year lease already in place starting on 2/1/2023, you can start earning rental income immediately.Whether you're an experienced investor or new to the game, this Sober Living property is a smart choice.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-05-30T00:18:24.133.
www.yournextphoenixhome.com/homes/139247651
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613 E Ruby Drive Casa Grande, AZ 85122

  • Price: $589,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 185 min ago
  • MLS #: 6552690
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2021
Built
Neighborhood:
Mccartney Ranch Parcel 5
County:
Pinal
Area:
Casa Grande
Property Description
Welcome to your next investment opportunity! This licensed Sober Living property is a fantastic chance for passive income, with a current cap rate of 6.8 based on actuals. Located in a desirable area, this property is licensed for up to 5 residents and has been recently updated with modern finishes. The owner pays the HOA fees, property taxes, and home insurance, making this a worry-free investment. With a 5-year lease already in place starting on 2/1/2023, you can start earning rental income immediately.Whether you're an experienced investor or new to the game, this Sober Living property is a smart choice.
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStoneStucco Covered Parking Spaces 2.00 Exterior Amenities Desert Landscaping Lot Size Dimensions N/A Parking Garage Roads Asphalt Roofing Tile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 2 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDisposalMicrowaveRefrigeratorWasher/Dryer Cooling Other Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other Heating Electric

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 42840.00 Annual Other Expense 840.00 Annual Ownr Asoc Fee 924.00 Community Amenities No Pool Cross Street Pinal Avenue And Kenna Place Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 42840.00 Hoa YN Yes Net Operating Income 41076.00 New Financing Conventional Operating Exp 2086.00 Other Income 0.00 Owner Pays None Project Type 5 - 12 UnitsOther (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Casa Grande Taxes 322.00 Tenant Pays ElectricSewerWater Vacancy Allowance 0.00 Water City Franchise Zoning Residential

Arizona Regional MLS logo Listing provided by W And Partners, Llc: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-05-30T00:18:24.133.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206