17424 sq ft lot - MLS# 1037438
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Description
Great INVESTMENT OPPORTUNITY! This fully occupied 4-Plex in Lake Havasu City presents an excellent investment opportunity, ideally located near Highway 95 in a desirable neighborhood. The property features four units: Unit 1 with 2 bedrooms and 1 full bath, Unit 2 with 2 bedrooms and 1 full bath, Unit 3 with 1 bedroom and a newly remodeled full bath, and Unit 4 with 1 bedroom and 1 full bath. Three out of four AC units/heat pumps have been recently replaced for energy efficiency. The property includes a shared laundry area for Units 3 and 4, with individual hookups for Units 1 and 2, and independent electrical meters for each unit. On-site water and trash services are available, along with a two-car garage and additional parking spaces. With an estimated 5% cap rate, this property offers a strong return on investment and is a prime addition to any real estate portfolio.
Features
- Property Type: Multi Family Home
- Sub Type: Quadruplex
- Listing Status: Active
- County/Area: Mohave County
- Zip Code: 86403
- Year Built: 1971
- Subdivision/Neighborhood: Lake Havasu City
- Sq.Ft.: 2,864 sq ft
- Units: 4 units
- Lot Size: 17424 sq ft lot
- Zoning: L-R-4 R4 Multiple Family Residential
- Construction Materials: Wood Frame
- Cooling: Central Air
- Cross Street: College and Palisades
- Directions: College Rd to Pasiades Dr, Turn Right, 4 Plex on the right side
- Garage Parking: Detached, Door - 7 Ft Height
- Garage/Parking: Detached, Door - 7 Ft Height
- Heating: Heat Pump
- Listing Terms: 1031 Exchange, Cash, Conventional
- Lot Size Area: 0.4
- Lot Size Source: Owner
- Lot Size Square Feet: 17424
- Lot Size Units: Acres
- MLS Area Minor: LHC-North
- Main Type: Multi-Family
- Number Of Buildings: 3
- Owner Pays: Landscaping/weed control, Sewer, Trash Collection, Water
- Parcel Number: 104-47-013
- Roof: Shingle
- Tax Annual Amount: 1715
- Tax Block: 1
- Tax Lot: 13
- Tax Tract: 2192
- Tax Year: 2025
- Tenant Pays: Electricity
- Trash Expense: 5000
- Utilities: Electricity Available
- Water Source: Public
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Information last updated on 2026-04-05 06:30:04.
