4400 BUENA LOMA Way, Sierra Vista, AZ 85635
$407,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$407,500
Last Modified:
5/15/2025
Description
Exceptional investment opportunity alert! This centrally located triplex boasts 2 bedroom/2 bathroom units with individual air conditioning systems, providing ultimate comfort for tenants year-round. The privately fenced yards offer a personal space for relaxation and outdoor activities. Convenience is key, as each unit comes equipped with in-unit laundry facilities, adding a desirable feature for prospective renters. Units are fully rented & separately metered for utilities (tenant pays all), ensuring immediate income for the new owner. One unit is being rented below market value, presenting an opportunity to increase rental revenue with future lease adjustments. With a new HVAC system installed on 4404, well maintained interiors and new exterior paint, you don't want to miss this one!
More Information MLS# 6644582
Contract Info
Current Price: $407,500
Sold Price: $407,500
Status: Closed
List Date: 2023-12-31
Ownership: Fee Simple
Location Tax Legal
House Number: 4400
Street Name: BUENA LOMA
St Suffix: Way
City/Town Code: Sierra Vista
State/Province: AZ
Zip Code: 85635
Zip4: 5704
Country: US
County Code: Cochise
Subdivision: TRACT UNIT 112 AMD
Assessor Number: 107-78-074-B
Tax Year: 2023
General Property Description
Lot Size Dimensions: 89.96x138..43x122.85x142.23
Year Built: 1998
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 1
Zoning: MFR
Flood Zone: No
Elementary School District: Sierra Vista Unified District
High School District: Sierra Vista Unified District
Elementary School: Pueblo Del Sol Elementary School
Jr. High School: Joyce Clark Middle School
High School: Buena High School
Remarks Misc
Cross Street: Snyder Blvd and Paseo San Luis
Directions: From Snyder Blvd and S Highway 92, E on Snyder Blvd, S on Paseo San Luis, E on Buena Loma Way to property address.
Geo Lat: 31.5367
Geo Lon: -110.253467
Status Change Info
Status Change Date: 2024-02-29
Off Market Date: 2024-02-28
Under Contract Date: 2024-01-06
Close of Escrow Date: 2024-02-29
Sold Price: $407,500
Legal Info
Lot Number: 20
Income Expenses
Gross Annual Sch Inc: 35400
Net Operating Income: 25573
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 983
Avg SqFt: 1000
# Baths: 6
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Patio/Balcony; Separate Storage
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup
Heating: Natural Gas; Heat Pump
Cooling: Electric; Heat Pump
Water Source: Private; Individual Meter
Sewer: Sewer - Public
Electric: Individual Meter; SSVEC
Gas: SW Gas; Individual Meter
Parking Features: Carport; >1 Space Per Unit; Paved
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Long Realty Company
Last Updated: May - 15 - 2025
Broker Attribution:
520-222-7443
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