$570,000
$599,999
5.0%For more information regarding the value of a property, please contact us for a free consultation.
24 SHADY Lane Duncan, AZ 85534
Key Details
Sold Price $570,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6783049
Sold Date 08/21/25
Maintenance Fees $197
Year Built 2001
Annual Tax Amount $1,163
Tax Year 2024
Lot Dimensions 432.98 x 97.81 x 422.19 x 98.59
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Seize this lucrative investment opportunity with a 16.88% cap rate in a high-demand rental area near the Morenci Mine. This property spans 41,102 sq. ft. and features 7 park owned mobile homes. 5 Single-Wide Homes with 840 sf, each with 3 bed, 2 baths. 2 Double-Wide Homes with one at 1456 sf, the other with 1120 sf, both with 3 bed, 2 baths. Individually metered for gas/electric, 3 septic systems and a well water supply. Duncan is known for its rich history & serene environment, offering a welcoming vibe. Town provides local dining, shops and annual events while outdoor enthusiasts enjoy hiking & fishing in nearby Greenlee County. Close to US Route 70 ensures convenient access to nearby cities & amenities. This property is easy to manage with steady tenancy & excellent returns.
Location
State AZ
County Greenlee
Zoning MHP
Direction I-10 E to US-60 E, to Main St to property.
Interior
Heating Central, Natural Gas
Cooling Central Air, Ceiling Fan(s), Window/Wall Unit
Flooring Carpet, Vinyl, Wood
Appliance Built-In Range, Refrigerator, W/D Hookup
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Other,Composition
Private Pool No
Building
Sewer Septic in & Cnctd, Septic Tank
Water See Remarks, Domestic Well
New Construction No
Schools
Elementary Schools Duncan Elementary
Middle Schools Duncan Elementary
High Schools Duncan High School
School District Duncan Unified District
Others
Senior Community No
Tax ID 300-54-063
Acceptable Financing Conventional
Listing Terms Conventional
Financing Carryback
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Better Homes & Gardens Real Estate SJ Fowler