103 E Ash Avenue, Casa Grande, AZ 85122

$555,000

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Sold Price
$555,000
List Price
$575,000
Status
CLOSED
Days on Market
21
Closing Date
Apr 12, 2024
MLS#
6682034
Subtype
Multiple Dwellings
Year Built
1954
Subdivision
Burgess Addition

Property Description

Rare offering in the City of Casa Grande, just a few blocks from the heart of Downtown in a quiet residential area. This is a 5 unit complex with 4140 total sf or 828 sf/unit average. The unit mix consists of (1) 3 bed/2 bath; (1) 2 bed+den/1 bath; (2) 1 bed/1 bath units; and (1) studio unit. Very competitively priced at $139/sf or $115,000/unit. 3 of the 5 units have been significantly upgraded. Several long-term tenants. All Month-to-Month leases. The units include refrigerators/ stoves & some have washer/dryer/dishwasher sets. Current Rents: #1 $575; #2 $750 #3 $850; #4 $700; #5 $1200. 100% occupied. Separately metered electrical (tenant-paid). Owner pays w/s/t. Huge 14,002 corner lot. Please be discrete and do not bother the tenants. Unit access in escrow. Owner may complete a 1031.

Additional Information

Taxes
$1,804
Zoning
GR
Flooring
Other, Ceramic Tile, Vinyl, Concrete
Heating
Natural Gas
Air Conditioning
Other, See Remarks, Electric, Heat Pump, Individual
Exterior Construction
Other, Painted, Block
Parking Features
Free, Add'l Parking Avail, >1 Space Per Unit, Carport
School District
Casa Grande Union High School District

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: James C Stephens (602-672-3526) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.

Selling Office: Fathom Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.