201 N 5TH Street, A2, Sierra Vista, AZ 85635
$230,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$230,000
List Date:
7/25/2025
Last Modified:
8/01/2025
Description
INVESTOR SPECIAL! WIEMER APARTMENTS. Rare opportunity to own a multi-family property with six separate units—three 2-bed/2-bath units and three 1-bed/1-bath units—plus an on-site laundry room. Fully occupied with long-term tenants, generating consistent rental income. These units are priced to sell and offer great potential for value-add upgrades. Ideal for investors looking to renovate and increase ROI. Don't miss this chance to secure a high-demand rental property with room to grow!
More Information MLS# 6895220
Contract Info
Current Price: $230,000
Sold Price: $230,000
Status: Closed
List Date: 2025-07-20
Ownership: Fee Simple
Location Tax Legal
House Number: 201
Compass: N
Street Name: 5TH
St Suffix: Street
City/Town Code: Sierra Vista
State/Province: AZ
Zip Code: 85635
Zip4: 1566
County Code: Cochise
Subdivision: FOURTH ADDITION TO FRY
Assessor Number: 106-71-278
Tax Year: 2024
General Property Description
Lot Size Dimensions: Irreg
Year Built: 1941
Uncvrd Parking Spcs: 9
Total # of Units: 6
# of Buildings: 3
Zoning: MFR
Flood Zone: No
Elementary School District: Sierra Vista Unified District
High School District: Sierra Vista Unified District
Elementary School: Carmichael Elementary School
Jr. High School: Joyce Clark Middle School
High School: Buena High School
Remarks Misc
Directions: N on 7th St. West on Railroad, Apts on Right.
Geo Lat: 31.558867
Geo Lon: -110.293025
Status Change Info
Off Market Date: 2025-07-25
Under Contract Date: 2025-07-25
Close of Escrow Date: 2025-08-01
Sold Price: $230,000
Legal Info
Block: 21
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 42960
Net Operating Income: 28960
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 500
Avg SqFt: 650
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 760
Avg SqFt: 1200
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Wood Siding
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Other (See Remarks)
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: Free-Standing Gas Oven; Refrigerator
Heating: Natural Gas
Cooling: Window/Wall Unit; Evaporative Cooling
Water Source: Private
Sewer: Sewer - Public
Electric: SSVEC
Gas: SW Gas
Parking Features: See Remarks
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Listing Office: Sierra Vista Realty, Inc
Last Updated: August - 01 - 2025
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