$ 350,000
-
$350,000
Price -
2
Bed -
2
Bath -
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing frph01 - av704
Discover an exceptional opportunity to own a generously sized lot in the heart of Casa Grande featuring two distinct homes plus a large workshop, perfectly positioned for flexible ownership and income strategies. Live in one home while renting the other, rent both for maximum cash flow currently generating $2,792 in gross monthly rent, or utilize the back house as guest quarters--the possibilities are truly endless. The main home features an appealing split-floor plan with two bedrooms, a spacious living area, and a large eat-in kitchen, while the charming back home offers one bedroom, a spacious living room, and an eat-in kitchen with freshly painted interiors. Both units are fully occupied with professional management in place, leases expiring 4/30/2027 and 6/30/2027. Each unit includes private fenced-in yards, washer dryers added in 2025, perfect for privacy and outdoor enjoyment, along with essential appliances including stove and refrigerator, washer-dryers, ensuring tenant satisfaction and minimal maintenance concerns. This property has been exceptionally well-maintained and includes two impressive workshop/storage buildings offering tremendous versatility and additional income potential. The generous size of the workshop structures presents an exciting value-add opportunity--convert one into an additional casita to expand rental income or create premium guest accommodations. The expansive double lot (~20k sq ft) is a rare asset, providing ample room for creative landscaping, storage for toys and vehicles, and future development of additional ADUs or casitas to maximize your investment returns. Conveniently located to all Casa Grande amenities, this is a true turnkey investment combining built-in stability with huge upside potential for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Act fast--this exceptional property won't last long! Buyer to verify all information.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
7039214
Year Built
1934
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Electric
- Heating: Electric
- Fireplaces:
- Floor: Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,RV Access/Parking,Assigned,Add'l Parking Avail,>1 Space Per Unit
Financial Details
- Tax Amount: $1,056
- Taxes w/Assessments: N/A
- Tax/Property ID: 507-03-201
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
300 N Morrison Ave Casa Grande, AZ 85122
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
