Search


$229,000
140 E Cordova Street
Douglas, AZ 85607
MLS# 21810447
3698 sqft


140 E Cordova Street, Douglas, AZ 85607
  1 / 31  
140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607 140 E Cordova Street, Douglas, AZ 85607

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

Details
Maps
Documents
Address Information
Street #: 140
Direction: E
Street Name: Cordova
Suffix: Street
State/Province: AZ
Zip Code: 85607
County: Cochise
Country: USA
Location, Tax & Legal
Tax Code: 407-80-572
Comparable Only Listing: No
Tax Year: 2017
Taxes: 814.04
Taxes For: Dwelling & Land
Legal Description: La Costa Estates Lot 966
Area: Cochise
Subdivision: Out Of Pima County
Township: 23
Range: 27
Section: 24
Municipality/Zoning: Douglas - Call
Fire Protection: None
FEMA Flood Zone: No
Municipal Flood Zone: No
Community: None
Contract Information
Current Price: $229,000
List Price: $229,000
Listing Date: 2018-04-12
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Status: Active
Showing Information
Directions: AZ 80 to US 191N left, to West Glenn Rd. right, to Leslie Canyon Rd Left, to E. La Costa Blvd Left, to Malaga St. Left, to E Cordova Right, Building on the right. No Agent Sign
General Property Information
Dwelling Type: 4 Plex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 160 x 86
Lot Acres: 0.32
Lot Sqft: 13753
Lot Size Source: Assessor
Combined SqFt: 3698
Year Built: 1973
Total Parking: 4
School District: Douglas
Elementary School: Faras
Middle School: Ray Borane
High School: Douglas
Horse Property: No
Horse Facilities: No
List Price/SqFt: 61.93
Lot Size Price/SqFt: 16.65
Remarks & Misc
Geo Lat: 31.421863
Geo Lon: -109.559516
Unit Info
# of Units/2 BR: 4
Unit 1 Information
Monthly Rent: 480
# Beds: 2
# Full Baths: 2
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 535
# Beds: 2
# Full Baths: 2
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Turnkey
Parking: On Property
Unit 3 Information
Monthly Rent: 540
# Beds: 2
# Full Baths: 2
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 2nd
Furnished: Partially
Parking: On Property
Unit 4 Information
Monthly Rent: 495
# Beds: 2
# Full Baths: 2
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 2nd
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.94
Gross Rent Multi: 10.02
Exp/SqFt: 0.66
Exp % of Gross: 10.47
Income
Gross Scheduled Rent: 23400
Other Income: 60
Adjusted Gross: 23460
Total Expenses: 2456.66
Net Opp Income: 21003.34
Expenses
Admin Expenses: 50
Insurance: 1342.62
Resident Manager: 200
Taxes/Assessments: 814.04
Water/Sewer: 50
Figures Presented: Actual
Kitchen Features
Appliance Color: Black
Floor Covering
Other: Laminate
Window Covering
Other: Blinds stay
Electric
Electric Company: APS
Water
# Of Shared Well: 16
Other: 55-618359
Security
Other: Security Doors
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Asphalt
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Association & Fees
HOA: No
Submit With Offer
Digital Signatures: Yes
Seller Title Company: Pioneer Title Agency
Home Protection
Offere: No
Property Features
Construction: Concrete Block; Masonry Stucco; Stucco Finish
Style: Southwestern; Territorial
Roof: Built-Up - Reflect; Rolled; Shingle
Living Areas: Living Room
Dining Areas: Breakfast Bar; Dining in LR/GR
Dining Room: Area
Breakfast: Bar
Kitchen Features: Breakfast Bar; Double Sink; Electric Range; Lazy Susan; Refrigerator
Bathroom Features: Shower & Tub/Hall; Separate Shower(s)
Laundry: Outside; Room; Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s); Dual Pane Windows; Smoke Detector; Storage; Walk In Closets
Floor Covering: Ceramic Tile; Wood
Technology: High Speed Internet; Pre-Wired Sat Dish; Pre-Wired Tele Lines; Satellite Dish; Telephone
Main Cooling: AC Central; Ceiling Fans; Evap Central; Heat Pump
Main Heating: Forced Air - Elec; Heat Pump
Water Heater: Electric
Gas: None
Sewer: Septic
Water: Well Shared
Accessibility Option: None
Green Features: Energy Star Windows
Patio/Deck: None
Pool: None
Spa: None
Fence: None
Landscape - Front: Desert Plantings; Flower Beds; Shrubs; Trees
Landscape - Rear: Desert Plantings; Flower Beds; Trees; Vegetable Garden
View: Panoramic; Rural; Sunrise; Mountain; Sunset
Road Type: Gravel/Dirt
Road Maintenance: County
RV Parking: Space Available
Exterior Feature: Storage Shed
Lot Features: East/West Exposure; North/South Exposure
Neighborhood Features: None
Terms: Submit All
Submit With Offer: Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; On-Site Wastewater; Proof of Funds
Property Disclosures: County Parcel Info; Lead Based Paint; Military Airport Vct; Plat Map; Public Airport Vcty; Seller Prop Disclosure
Special Conditions: None
Supplements
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.

Listing Office: Tierra Antigua Realty

Last Updated: February - 11 - 2019

Information deemed reliable but not guaranteed.

Saturday 16th of February 2019 08:13 PM