458 W Elm St., Nogales, AZ 85621

458 W Elm St., Nogales, AZ 85621
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$650,000
Sold on 10/25/23
Beds Baths Sq. Ft. Taxes Built
0.00 0 $2,614.08 1964
On the market: 68 days
View full details, photos, school info, and price history
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!
Listing courtesy of Tiffany Tolley, Realty Executives Arizona Territory