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Sold for $424,300 on 09/12/24
  • $424,300

    8220 W Monaco Blvd, Arizona City, AZ 85123

    7beds
    3baths
    3,360sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $412,600 Zestimate®
    $126/sqft
    $1,490 Estimated rent

    What's special

    8-CAP w/ Amazing Remodel! NEW ROOF! Fully occupied triplex w/ seasoned tenants, all units recently renovated & well maintained earning $4,370/mo. You won't find a higher CAP rate for such an upgraded property! Arizona City projected to be among highest appreciating markets in AZ, minutes from new Lucid, Nikola, Kohler & other manufacturers, who are investing $3B+ and 8,000+ new jobs in the immediate area. Stable tenant base. Low crime. Tremendous cashflow investment with A+ management in place if you choose to keep them. Convert unused garage into additional 1BR unit for value add opportunity. Transferrable home warranty from owner/agent.

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 07:01pm

    Listed by:

    Joshua Hill,

    West USA Realty

    Bought with:

    Michael Kent, SA550891000

    RE/MAX Solutions

    Shelly Farley, BR516886000

    RE/MAX Solutions

    Source: ARMLS,MLS#: 6482255MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Built-In Range, Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
    Features
    • Flooring: Ceramic Tile, Concrete
    Interior area
    • Total structure area: 3,360
    • Total interior livable area: 3,360 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved, 1 Space/Unit, On Street
    • Covered spaces: 2
    • Uncovered spaces: 3
    Lot
    • Dimensions: 74 x 135 x 11
    Details
    • Parcel number: 408060060
    • Zoning: CR-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Brick Veneer
    • Roof: Composition,Built-Up
    Condition
    • Year built: 1980

    Utilities & green energy

    • Electric: APS
    • Sewer: Private Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Arizona City
    • Subdivision: ARIZONA CITY UNIT THREE

    Other

    Other facts
    • Listing terms: CTL,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
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