786 Powder Dr
Lake Havasu City, AZ 86406

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Description

INVESTOR OPPORTUNITY! This duplex offers two spacious 2-bedroom, 2-bathroom units, each with 1,217 SF and open floor plans. Both units feature large interior laundry rooms, Private front courtyards, huge FENCED yards, and covered patios with exterior ceiling fans—perfect for outdoor living. Unit #102 has been fully renovated with Brand-new kitchen cabinets, countertops, appliances (including refrigerator), sink and faucet. New plank flooring throughout. Updated bathrooms with new vanities, countertops, and fixtures. Modern lighting and ceiling fans throughout. Fresh interior and exterior paint. Unit #101 has been well-maintained with mostly original fixtures and general repairs, including new living room carpet (2020). Long-term tenant (approx. 13 years) currently occupies this unit. Both units include a 2-car attached garage. New shingle roof installed in Nov 2020. Unit #102 AC replaced in August 2020. Located in a well-established neighborhood on the South side of town. Strong rental income potential - both tenants wish to remain in place. Great opportunity for investors looking for a turnkey property with immediate cash flow.

Features

• Property Type: Multi Family Home
• Sub Type: Duplex
• Listing Status: Active
• County/Area: Mohave County
• Zip Code: 86406
• Year Built: 1994
• Sq.Ft.: 2434
• Units: 2
• Lot Size: 0.2700
• Zoning: L-R-2 Two-Family Residential
• Construction Materials: Stucco, Wood Frame
• Cooling: Central Air, Electric
• Cross Street: Chemehuevi
• Directions: Jamaica to Chemehuevi to Powder to property
• Flooring: Carpet, Tile, Vinyl, Each Unit Different
• Garage: Attached
• Garage Parking: Attached, Door - 9 Ft Height
• Garage/Parking: Door - 9 Ft Height
• Heating: Heat Pump, Central, Electric
• Listing Terms: 1031 Exchange, Cash, Conventional
• Lot Size Area: 0.27
• Lot Size Source: Tax Roll
• Lot Size Square Feet: 11761
• Lot Size Units: Acres
• Main Type: Multi-Family
• MLS Area Minor: LHC-South
• Number Of Buildings: 1
• Owner Pays: Sewer, Trash Collection, Water
• Parcel Number: 105-15-081
• Roof: Shingle
• Sewer: Public Sewer
• Subdivision: Lake Havasu City
• Subdivision/Neighborhood: Lake Havasu City
• Tax Annual Amount: 1432
• Tax Block: 9
• Tax Lot: 14
• Tax Tract: 2271
• Tax Year: 2024
• Tenant Pays: Cable/Satellite, Electricity, Landscaping/weed control
• Utilities: 200 Amp Panel
• Water Source: Public