430 E REIZEN Drive Morristown, AZ $ 450,000
430 E REIZEN Drive
$ 450,000
Share Save

430 E REIZEN Drive

Morristown, AZ, 85342
$ 450,000
Baths0.0

Monthly Estimate*

$ 3,143

430 E REIZEN Drive, Morristown, AZ 85342 - Image 1
430 E REIZEN Drive, Morristown, AZ 85342 - Image 2
430 E REIZEN Drive, Morristown, AZ 85342 - Image 3
430 E REIZEN Drive, Morristown, AZ 85342 - Image 4
430 E REIZEN Drive, Morristown, AZ 85342 - Image 5
430 E REIZEN Drive, Morristown, AZ 85342 - Image 6
430 E REIZEN Drive, Morristown, AZ 85342 - Image 7
Studio

Multi-Family Home for sale in Morristown, AZ

for $450,000. This home was built in 1959.

Fully remodeled, Two One-Bedroom Units in the vibrant connected small community of Circle City. Duplex is separately metered. With several large employment centers and growing rents in this area you cannot go wrong making this your home or investment. New AC units. The property has been well maintained with full remodels in 2021 and 2023. The zoning allows for an additional unit. Priced to cash flow on day one. PROFESSIONAL PHOTOS COMING SOON.

See more

Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 434

Style

Multiple Dwellings

Year Built

1959

Town/City

Morristown

County/Region

Maricopa

MLS | Web ID

6697971

Features
General
Sewer Septic in & Cnctd Septic Tank
Heating Heat Pump Electric
Cooling Individual Heat Pump Ceiling Fan(s)
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1959
Electric APS Individual Meter
Tenant Pays Trash Collection Gas Electricity Cable TV Landscaping
Township 6N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 31869.6
Community Features Sport Court Play Area Clubhouse No Pool
County Maricopa
Net Operating Income 11784.0
Operating Expense 1943.0
Insurance Expense 709.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CIRCLE CITY
Garage Y/N N
Status Active
Directions Head west from US 60. Turn right on to Gompers Cir and then Right on Reizen Drive. Property on the right. DRIVE BY TO LOOK ONLY. NO SIGN. DO NOT APPROACH DUPLEX.
High School Mountainside High School
City Morristown
Buyer Agent Compensation 10000.00
Disclosures Other (See Remarks) Seller Prop Disc Stm Sch of Personal Prop
View Y/N N
High School District Nadaburg Unified School District
Open Parking Spaces 4.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name REIZEN
Elementary School Morristown Elementary School
Tax Annual Amount 434.0
Electric Expense 0.0
Current Financing Assume - Qualify
Fuel Expense 0.0
Middle/Junior High School Morristown Elementary School
Trash Expense 0.0
Water Sewer Expense 300.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 20
Standard Status Active
Occupancy Type Tenant
Elementary School District Morristown Elementary District
Tax Lot 6
Cap Rate 2.62
Buyer Agent Compensation Type $
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
New Financing True
See more
Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features Paved Parking Free RV/Boat Parking Add'l Parking Avail >1 Space Per Unit
Water Source Private Franchise Individual Meter
Total Parking 4.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 100x60
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 430
See more
* Excluded Features
List By
Homesmart

Broker

Offers@RealAzAgent.com

Email

Affordability Calculator

$3,180
Per Month
99%
1%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4653633 Elementary School
4653633 Middle School
Mountainside High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2024$450,000 Listed Price

Map


See all

430 E REIZEN Drive, Morristown, AZ, 85342 is a Multi-Family Home for sale at $450,000. 430 E REIZEN Drive is a studio with 0.0 baths and was built in 1959. The property's zip code is 85342 which is in Morristown, AZ