1102 S 8Th Ave

By Owner
SAFFORD, AZ, 85546
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Property Description

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4 Bedrooms

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3.0 Baths

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2,120 SQ FT

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0.26 Acres

$348,000

Incredible Investment Opportunity in the heart of Safford, Arizona! Discover the potential of this excellent investment property situated in a prime location. With its strategic location on a spacious 0.26-acre corner lot, just minutes away from everything, this property is a rare gem in the thriving community of Safford. The property features three units, comprising a charming main home and two adjacent apartments, providing versatile living options for occupants. Main Home Features: • Charming main home with quaint architectural features • 1096 sq ft of living space • 2 bedrooms and 1 bath • Large living and dining rooms with high ceilings, built-ins, and arches • Hardwood floors for classic elegance • A new wall sets off this stately main home Apartment Features: • One 1-bedroom apartment and one studio apartment, each approximately 512 sq ft • Kitchens in all three units include a refrigerator and range Off-street parking for six cars ensures convenience for residents and guests, while the additional space for RV parking adds a valuable asset. Enjoy the peace of mind that comes with recent electrical upgrades and the durability of architectural shingles, enhancing the property's overall value. According to the City of Safford zoning regulations, the property is designated as R1-6, Single Family Residential. Although no new structures are allowable, this status ensures a stable neighborhood environment. This investment property has maintained an impressive 100% occupancy rate since 2014, underscoring its desirability and reliability as a source of income. Whether you're a seasoned investor or just starting, this property is a golden opportunity to capitalize on the flourishing real estate market in Safford. Don't miss the chance to own a piece of this thriving community and secure a sound investment for the future. Make this exceptional property a cornerstone of your investment portfolio!


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