1005 N CENTER Avenue
Property Description
Exceptional Multifamily Investment; $4,400+ Monthly Gross Rental Income; Expansive Corner Lot. (~20,500+sqft) Discover an outstanding investment opportunity in the heart of Casa Grande! Situated on a generously sized corner lot, this income-producing multifamily property offers the ideal combination of established rental income, desirable tenant amenities, and exciting potential for future expansion. Currently generating $4,400+ in gross monthly rental income, with all units occupied, SEPARATELY METERED this property offers immediate INCOME potential for investors looking to expand their portfolio or capitalize on a versatile real estate asset. Each unit features a private yard, in-unit washer and dryer, stove, and refrigerator, providing convenience, privacy, and outdoor space for residents. The EXPANSIVE DOUBLE LOT opens the door to a variety of possibilities. Explore opportunities for additional storage, vehicle and recreational equipment parking, enhanced outdoor spaces, or potential future development, including additional ADUs or casitas, subject to zoning, permitting, and applicable approvals. Whether your strategy focuses on maintaining existing cash flow, improving the property over time, or exploring additional income-producing possibilities, this property offers flexibility to pursue your INVESTMENT GOALS. Conveniently located near Casa Grande amenities, shopping, dining, and everyday essentials, this is an opportunity to acquire an established multifamily asset with current income and potential long-term upside. Drive-by only. Please do not disturb tenants. Property walkthroughs are available only with an accepted offer. Buyer to verify all information.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $639,000 |
| No. of Units: | 4 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Price per unit: | $159,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-ARMLSAZ-7098523
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