131 W LINDBERGH Avenue new Save Request In-Person Tour Request Virtual Tour
Coolidge,AZ 85128
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision North Coolidge
MLS Listing ID 6816626
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1963
Annual Tax Amount $1,200
Tax Year 2024
Lot Dimensions 20230 sf
Property Description
Looking for a 7+ CAP with room to raise rents? Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot with the adjacent lot is about 30,000 total sf. Located in an opportunity zone in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many significant upgrades have been completed, including 4 of the 6 units, major plumbing, heating/cooling, and electrical. Gorgeous new parking lot to code. Sale includes the six unit/two building complex on a 20,000+ sf lot for $780,000 + an adjacent close to 10,000 sf vacant lot for $60,000 (MLS 6817894). New ownership can value-add by finishing some upgrading and raising rents. This complex has a very high ceiling, including the possibility of adding density.
Location
State AZ
County Pinal
Community North Coolidge
Zoning R-3
Direction AZ-87 S to N Arizona Blvd to W Vah Kai Inn Rd to N Main St to the property.
Interior
Heating Other,See Remarks,Individual,Window/Wall Unit(s),Electric
Cooling Other,See Remarks,Window/Wall Unit,Electric,Individual
Flooring Vinyl,Concrete
Appliance BI Oven/Range
Exterior
Parking Features Other (See Remarks),Paved Parking,Assigned,Add'l Parking Avail,>1 Space Per Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 14
Building
Sewer Public Sewer
Water Private Franchise
New Construction No
Schools
School District Coolidge Unified District
Others
Senior Community No
Tax ID 205-03-005
Acceptable Financing No Carry,Conventional
Listing Terms No Carry,Conventional