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Property Description

EXCELLENT MULTIFAMILY INVESTMENT OPPORTUNITY | 304 W. CANO | SOMERTON, ARIZONA Exceptional opportunity to acquire a three-unit multifamily investment property in the growing community of Somerton, Arizona! This triplex features three two-bedroom, one-bathroom residences, offering investors an attractive opportunity for rental income and long-term appreciation potential. Each unit is individually metered for utilities, providing greater flexibility in utility management and helping investors better manage operating expenses. The property also features a dedicated on-site laundry room that can serve the entire complex, offering additional convenience for residents. With prevailing rental rates for comparable two-bedroom, one-bathroom units in Somerton estimated at $1,000 to $1,100 per month, this property offers potential gross rental income of $3,000 to $3,300 monthly, or $36,000 to $39,600 annually, assuming full occupancy at those rates. Situated in Somerton, a community with opportunities for continued residential and commercial expansion, this property presents an attractive investment opportunity in an evolving market. Whether you're expanding an existing investment portfolio or purchasing your first multifamily property, this triplex offers income potential, individually metered units, and the added convenience of an on-site laundry facility. THREE UNITS. THREE INDIVIDUAL METERS. ONE EXCELLENT INVESTMENT OPPORTUNITY! Contact Ruben Fontanes | Fontanes Real Estate Group for additional information or to schedule a private showing. Call or Text: (928) 580-1731

Overview

Property Status
Pending
Lot Size
7,000 Sq.Ft.
MLS ID
20267047
Property Type
Multi-Family
Year Built
2013

Features & Amenities

Total Area
550 Sq.Ft.
Stories
1
Water Source
Public
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available
Roof
Shake, Other
Lot Features
Back Yard
Parking
Paved
Air Conditioning
Central Air
Laundry Room
Common Area
Appliances
Microwave, Range, Refrigerator, Water Heater
Sewer
Public Sewer
Other Exterior Features
Private Yard
Sales Price
$405,000
Real Estate Tax
$2,199/yr
Zoning
Multi-Family

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304 W Cano Street

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304 W Cano Street

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    License #SA575145000

    (928) 580-1731
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