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357 Rio Grande Court, Bullhead City, AZ 86442
$430,000
357 Rio Grande Court, Bullhead City, AZ 86442View this property at 357 Rio Grande Court, Bullhead City, AZ 86442
357 Rio Grande CourtBullhead CityAZ86442
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Property Description
Attention real estate investors, an incredible opportunity awaits you with this fourplex property! The four cozy 1 bedroom/1 bathroom units are fully rented, ensuring an immediate and steady income stream that will keep your returns flowing. Recent upgrades have given this property a boost in desirability, including two brand new AC units and a fresh coat of paint applied within the last two years. Your tenants will appreciate the modern comforts and inviting atmosphere, making it a breeze to attract and retain high-quality renters. Say goodbye to restrictive HOA fees, as this property grants you the freedom to make investment decisions that align with your vision. Plus, ample parking space is available, adding to the property's appeal and convenience for your tenants. With an impressive 6.5% cap rate at the current rental rates, this property showcases its potential for lucrative returns and demonstrates your investment instincts. Don't miss out on this rare chance to secure a solid and rewarding investment. Act fast and let this prime real estate opportunity become your newest achievement in building a profitable portfolio!
Full Property Details
Full Property Details for 357 Rio Grande Ct
General
- Sold For: $430,000
- Taxes: $725 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 004855
- Added to Site: 267 day(s) ago
Interior
- Flooring: Tile
Location
- County: Mohave
- Subdivision: River Bend
- Cross Streets: Rio Grande Rd.
- Driving Directions: Hancock Rd. to Rio Grande Rd. to Rio Grande Ct.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Wood Frame
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1985
Lot Features
- Lot Size (Sq. Ft.): 4,356
- Lot Dimensions: 51 x 85 x 44 x 106
- Zoning: R2 District Res: Multiple Family
Financial Considerations
- Tax Amount: $725
- Tax Year: 2022
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Legal Description: TRACT: 1018A RIVER BEND UNIT 5 LOT 1307
- Property ID: 219-17-094
- Block: --
- Lot Number: 1307
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Schools
Schools serving 357 Rio Grande Ct
School Districts:Colorado River Union High School District, Bullhead City School District
Rating | Name | Grades | Distance |
---|---|---|---|
1066 Marina Blvd, Bullhead City, AZ 86442 | PK-5 | 1.5 mi | |
1062 Hancock Rd, Bullhead City, AZ 86442 | 6-8 | 1.4 mi | |
2251 Highway 95, Bullhead City, AZ 86442 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357 Rio Grande Ct
Date
Details
Price
Change
Source
11/21/2023
Sold
$430,000
-4.44%
MLS
8/08/2023
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
357 Rio Grande Court, Bullhead City, AZ 86442 (MLS# 004855) is a Multi-Family property that was sold at $430,000 on November 21, 2023. Want to learn more about 357 Rio Grande Court? Do you have questions about finding other Multi-Family real estate for sale in Bullhead City? You can browse all Bullhead City real estate or contact a Coldwell Banker agent to request more information.