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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
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(602) 769-4725

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.

(602) 769-4725
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Additional Information

Taxes
$1,804
Zoning
GR
Flooring
Other, Ceramic Tile, Vinyl, Concrete
Appliances
Built-In Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
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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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.