Investor-ready condo with an estimated 4.8% cap rate and 4.8% cash-on-cash return. A tenant is already in place with a lease through June 2027, offering immediate income, predictable occupancy, and an attractive buy-and-hold opportunity with long-term appreciation potential. First level upgraded 1 bedroom 1 bath unit at Cliffs… Read More Condomiium in a convenient Surprise location. Bright open plan with plank flooring throughout. Kitchen includes built-in microwave, electric range, full-size refrigerator and breakfast bar. Bath with tub/shower combination and glass door enclosure. Full size washer and dryer with shelves for additional storage. Back patio overlooks the club house and pool. Water, sewer, trash and roof replacement are included. Read Less
Courtesy of HomeSmart, Donna Harris, 602-230-7600
Listing Snapshot
Days Online
39
Last Updated
Property Type
Apartment
Beds
1
Full Baths
1
Square Ft.
576
Lot Size
0.01 Acres
Year Built
1987
MLS Number
7044722
30 Days Snapshot Of 85378
$309k
-12%
(avg) sold price
9
-18%
homes sold
68
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
Building
Built in 1987, Living area: 576, Construction materials: "Wood Frame", "Painted"
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Exterior Features
Storage
Floors
Laminate
Heating
Electric
Home Owner's Association
Association fee: $200, Association fee frequency: Monthly, Association fee includes: "Roof Repair", "Insurance", "Sewer", "Pest Control", "Trash", "Water", "Roof Replacement", "Maintenance Exterior"
Interior Features
High Speed Internet, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
Laundry
Inside
Lot
0.01 acres, 590 sqft, Desert Front
Parking
Assigned
Property
Patio and porch features: Covered Patio(s)
Roof
Tile, Built-Up
Sewer
Sewer in & Cnctd, Public Sewer
Taxes
Annual amount: $325, Lot: 103
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