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140 E Cordova Street

Douglas, AZ 85607
  • $297,000
  • STATUS: Active
  • ID#: 22113614
UPDATED: 51 min ago
$297,000
  • 8
    BEDS
  • 0.32
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,698
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Tierra Antigua Realty.

Description

Beautiful income property located in a small charming border community of historic Douglas AZ. In Cochise County. Douglas is at 4000 feet elevation allowing for much cooler temperatures than Tucson and Phoenix (10-20 degrees cooler). You are only 9 minutes from Douglas Golf Club & RV Park, 15 minutes from the Douglas City Aquatic Center which has an Olympic sized pool, therapy pool and baby pool and splash pad, 8 minutes to the county fairgrounds, 14 minutes to the Copper Queen Medical Clinic (with helicopter pad), 15 minutes to downtown Douglas & Walmart, 18 minutes to Airport Park.This 4-plex has 2 bedrooms and 2 baths in each unit, each unit is a little over 900 sq. ft. with nice sized closets and an open floor plan. The windows are nice and large to take in the remarkable views from all directions. Apartment 2 is fully furnished and is the managers unit. The onsite owners have taken great pride in maintaining this lovely building. A laundry room is located on the first floor in the back of the building. There is a 3,000 gallon back up water tank on site. This property is on a community well, (visible from this property). In the past 2 years 25k was spent on new pumps and wiring and 3k on a new compressor. There is a $50.00/month connection fee per building, and a one-time $300.00 membership fee to La Costa Water Users Association The community well is self-managed by the members of the La Costa Water Users Assoc. with monthly water quality testing done by ADEQ (Arizona Dept. of Environmental Quality). If 4 units aren't for you, turn the second floor into living quarters and rent out the bottom. THE VIEWS ARE AMAZING! This is a very peaceful property. Enjoy nature at its best. Call now for an appointment. 48-hour notice needed as a courtesy to the tenants. All facts, figures and measurements are approximate and to be verified by the buyer. .32 ACRE PARCELS ON EACH SIDE OF THE MULTI UNIT MAY BE AVAILABLE FOR PURCHASE. # 407-80-571 & 407-80-573 CONTACT AGENT

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Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-26T20:06:34.627.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Gateway Partners International | REAL BROKER AZ are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.gatewayagent.com/homes/117620541
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140 E Cordova Street Douglas, AZ 85607

  • Price: $297,000
  • Status: Active
  • Updated: 51 min ago
  • ID#: 22113614
8
Beds
8
Baths
0
½ Baths
0.32
Acres
3,698
SQFT
$80
$/SQFT
1973
Built
Neighborhood:
Out Of Pima County
County:
Cochise
Area:
Cochise
Elementary School:
Faras
Middle School:
Ray Borane
High School:
Douglas
School District:
Douglas
Property Description
Beautiful income property located in a small charming border community of historic Douglas AZ. In Cochise County. Douglas is at 4000 feet elevation allowing for much cooler temperatures than Tucson and Phoenix (10-20 degrees cooler). You are only 9 minutes from Douglas Golf Club & RV Park, 15 minutes from the Douglas City Aquatic Center which has an Olympic sized pool, therapy pool and baby pool and splash pad, 8 minutes to the county fairgrounds, 14 minutes to the Copper Queen Medical Clinic (with helicopter pad), 15 minutes to downtown Douglas & Walmart, 18 minutes to Airport Park.This 4-plex has 2 bedrooms and 2 baths in each unit, each unit is a little over 900 sq. ft. with nice sized closets and an open floor plan. The windows are nice and large to take in the remarkable views from all directions. Apartment 2 is fully furnished and is the managers unit. The onsite owners have taken great pride in maintaining this lovely building. A laundry room is located on the first floor in the back of the building. There is a 3,000 gallon back up water tank on site. This property is on a community well, (visible from this property). In the past 2 years 25k was spent on new pumps and wiring and 3k on a new compressor. There is a $50.00/month connection fee per building, and a one-time $300.00 membership fee to La Costa Water Users Association The community well is self-managed by the members of the La Costa Water Users Assoc. with monthly water quality testing done by ADEQ (Arizona Dept. of Environmental Quality). If 4 units aren't for you, turn the second floor into living quarters and rent out the bottom. THE VIEWS ARE AMAZING! This is a very peaceful property. Enjoy nature at its best. Call now for an appointment. 48-hour notice needed as a courtesy to the tenants. All facts, figures and measurements are approximate and to be verified by the buyer. .32 ACRE PARCELS ON EACH SIDE OF THE MULTI UNIT MAY BE AVAILABLE FOR PURCHASE. # 407-80-571 & 407-80-573 CONTACT AGENT
Exterior Features

Construction Concrete BlockMasonry Stucco Driveway Paved Asphalt Exterior Feature Shed Fence None Landscape Front Desert PlantingsFlower BedsLow CareShrubsTrees Landscape Rear Desert PlantingsFlower BedsLow CareShrubsTreesVegetable Garden Patio Deck None Pool None Road Type Gravel Roof Built-UpRolledShingle Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain(S)PanoramicRuralSunriseSunset

Interior Features

Bathroom Features Separate Shower(S)Shower & Tub/Hall Breakfast Bar Dining Areas Breakfast BarDining in Lr/Gr Dining Room Area Extra Room None Floor Covering Ceramic TileWood Interior Features Ceiling Fan(S)Dual Pane WindowsFurnishedSmoke DetectorStorageWalk In Closets Interior Features Interior Steps No Kitchen Features Breakfast BarDouble SinkElectric RangeLazy Susan Laundry Dryer IncludedLaundry RoomWasher Included Living Areas Living Room Main Cooling Ceiling Fan(S)Central AirEvaporative CoolingHeat Pump Main Heating ElectricForced AirHeat Pump Technology High Speed InternetPre-Wired Sat DishPre-Wired Tele LinesSatellite DishTelephone Unit1 Information Furnished Partially Unit1 Information Number Half Baths 0 Unit1 Information Sqft 900 Unit2 Information Furnished Yes Unit2 Information Number Half Baths 0 Unit2 Information Sqft 900 Unit3 Information Furnished Partially Unit3 Information Number Half Baths 0 Unit3 Information Sqft 900 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 900 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 9.71 Analysis Exp Percent Of Gross 13.43 Analysis Exp Sqft 1.21 Analysis Gross Rent Multi 8.92 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Aps Expenses Admin Expenses 80.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 500.00 Expenses Insurance 1342.00 Expenses Maintenance Supplies 500.00 Expenses Management 0.00 Expenses Other Expenses 780.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 669.00 Expenses Water Sewer 600.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 33299.95 Income Gross Scheduled Rent 32700.00 Income Net Opp Income 28828.94 Income Other Income 600.00 Income Total Expenses 4471.00 Income Vacancy Loss 0.05 Lot Dimensions 160 X 86 Lot Features East/West ExposureNorth/South Exposure Lot Size Source Assessor Lot Sqft 13752.00 Municipal Flood Zone No Municipality Zoning Douglas - Call Neighborhood Features None Property Disclosures Lead Based PaintMilitary Airport VctPlat MapSeller Prop Disclosure Road Maintenance County Section 24 Security None Sewer Septic Special Conditions None Style SouthwesternTerritorial Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2020 Taxes 669.00 Taxes For Dwelling & Land Terms CashConventional Total Parking 4 Township 23 Unit1 Information Floor 1st Unit1 Information Monthly Rent 695 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 0 Unit2 Information Stories Single Unit3 Information Floor 2nd Unit3 Information Monthly Rent 540 Unit3 Information Stories Single Unit4 Information Floor 2nd Unit4 Information Monthly Rent 0 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Landscaping Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water Pvt Well (Registered)Shared Well

Listing provided courtesy of Tierra Antigua Realty. Listing information © 2021 MLS of Southern Arizona.


Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-10-26T20:06:34.627.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Gateway Partners International | REAL BROKER AZ are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Gateway Partners International | REAL BROKER AZ
4500 N Oracle Road #261
Tucson AZ, 85705
Courtesy of Tierra Antigua Realty.