24 SHADY Lane Active Save Request In-Person Tour Request Virtual Tour
Duncan,AZ 85534
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6783049
Maintenance Fees $197
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2001
Annual Tax Amount $1,163
Tax Year 2024
Lot Dimensions 432.98 x 97.81 x 422.19 x 98.59
Property Description
Seize this lucrative investment opportunity with a 16.25% cap rate in a high-demand rental area near the Morenci Mine. This property spans 41,102 sq. ft. and features 7 mobile homes. 5 Single-Wide Homes with 840 sf, each with 3 bed, 2 baths. 2 Double-Wide Homes with one at 1456 sf, the other with 1120 sf, both with 3 bed, 2 baths. Individually metered for gas/electric, 3 septic systems and a well water supply. Duncan is known for its rich history & serene environment, offering a welcoming vibe. Town provides local dining, shops and annual events while outdoor enthusiasts enjoy hiking & fishing in nearby Greenlee County. Close to US Route 70 ensures convenient access to nearby cities & amenities. This property is easy to manage with steady tenancy & excellent returns.
Location
State AZ
County Greenlee
Zoning MHP
Direction I-10 E to US-60 E, to Main St to property.
Interior
Heating Central,Natural Gas
Cooling Central Air,Ceiling Fan(s),Window/Wall Unit
Flooring Carpet,Vinyl,Wood
Appliance Built-In Range,Refrigerator,W/D Hookup
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Other,Composition
Total Parking Spaces 7
Building
Sewer Septic in & Cnctd,Septic Tank
Water See Remarks,Domestic Well
New Construction No
Schools
Elementary Schools Duncan Elementary
Middle Schools Duncan Elementary
High Schools Duncan High School
School District Duncan Unified District
Others
Senior Community No
Tax ID 300-54-063
Acceptable Financing Conventional
Listing Terms Conventional