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458 W Elm Street, Nogales, AZ 85621
$650,000
458 W Elm Street, Nogales, AZ 85621View this property at 458 W Elm Street, Nogales, AZ 85621
458 W Elm StreetNogalesAZ85621
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Property Description
Phenomenal investment opportunity to own a 12 unit multi-family property in the heart of downtown Nogales! Property is comprised of ten 2-bedroom units and two 3-bedroom units, all at full occupancy, with a majority of the tenant being long term renters! Ten of the units are on month to month leases with two of the units on year leases through the Nogales Housing Authority. Utilities are separately metered! Located 0.1 miles away from Sacred Heart of Jesus Parish, units are walking distance to all the amenities that downtown Nogales has to offer! At a 9.38% capitalization rate and an annual gross scheduled rent of $67,200, do not miss out!
Full Property Details
Full Property Details for 458 W Elm St
General
- Sold For: $650,000
- Taxes: $2,614 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 6605640
- Added to Site: 227 day(s) ago
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 12
- Parking Features: Paved Parking, Free, Street Parking
Location
- County: Santa Cruz
- Township: 24S
- Subdivision: CITY OF NOGALES
- Driving Directions: Start on N. Grand Avenue and W. Elm Street, head West on W. Elm Street to address on right hand side - 458 W. Elm Street
School Information
- Elem School District: Nogales Unified District
- High School District: Nogales Unified District
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 9
- Exterior Const.: Painted, Slump Block
- Roof: Built-Up, Rolled/Hot Mop
- Year Built: 1964
Lot Features
- Lot Dimensions: IRREGULAR
- Frontage: Asphalt
- Zoning: NOG-MFR
Financial Considerations
- Tax Amount: $2,614.08
- Tax Year: 2022
- Terms: Other (See Remarks), Conventional
- Owner Pays: None
- Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Buyer/Broker Compensation Available: Yes
- Documents Avail.: A lead-based hazard disclosure
- Legal Description: LOTS 34A, 34B, AND 103BE BLOCK 1 CITY OF NOGALES
- Property ID: 101-43-027
- Range: 14E
- Section: 18
- Block: 1
- Lot Number: 34A
Listed by Realty Executives Arizona Territory
Sold by Tierra Antigua
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Schools
Schools serving 458 W Elm St
School District:Nogales Unified District
Rating | Name | Grades | Distance |
---|---|---|---|
1905 N Apache Blvd, Nogales, AZ 85621 | 9-12 | 2.1 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 458 W Elm St
Date
Details
Price
Change
Source
10/25/2023
Sold
$650,000
—
MLS
9/15/2023
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
458 W Elm Street, Nogales, AZ 85621 (MLS# 6605640) is a Multi-Family property that was sold at $650,000 on October 25, 2023. Want to learn more about 458 W Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Nogales? You can browse all Nogales real estate or contact a Coldwell Banker agent to request more information.