12123 W Bell Road Unit 103, Surprise, AZ 85378

$135,000
1
BD
1
BA
576
SqFt

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List Price
$135,000
Days on Market
41
Status
ACTIVE
MLS#
7044722
City
Surprise
Bedrooms
1
Bathrooms
1
Living SQFT
576
Lot Size
590
Subdivision
Cliffs Condominium
Year Built
1987
Type
Apartment

Property Description

Investor-ready condo with an estimated 4.8% cap rate and 4.8% cash-on-cash return. A tenant is already in place with a lease through June 2027, offering immediate income, predictable occupancy, and an attractive buy-and-hold opportunity with long-term appreciation potential. First level upgraded 1 bedroom 1 bath unit at Cliffs Condomiium in a convenient Surprise location. Bright open plan with plank flooring throughout. Kitchen includes built-in microwave, electric range, full-size refrigerator and breakfast bar. Bath with tub/shower combination and glass door enclosure. Full size washer and dryer with shelves for additional storage. Back patio overlooks the club house and pool. Water, sewer, trash and roof replacement are included.

Additional Information

Elementary School
Thompson Ranch Elementary
High School
Dysart High School
Middle School
Dysart Middle School
Acres
0.01
Assoc Fee Includes
Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Water, Sewer, Trash, Pest Control
Hoa Fee
$200
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Cliffs Condominium
Builder Name
Unknown
Community
Sun Ridge Communities
Community Features
Community Spa Htd, Clubhouse
Construction
Wood Frame, Painted
Cooling
Ceiling Fan(s), Central Air, Programmable Thmstat
Exterior Features
Storage
Fencing
None
Flooring
Laminate
Heating
Electric
Laundry
Inside
Living Area
576
Lot Size
590
New Financing
Cash, VA Loan, Conventional, 1031 Exchange
Parking Features
Assigned Parking
Lot Features
Desert Front
Roofing
Built-Up, Tile
Sewer
Sewer-In & Connected
Spa
Heated
Stories
2
Subdivision
Cliffs Condominium
Taxes
$325
Tax Year
2025
Water
Public, Pvt Water Company

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Listing courtesy of HomeSmart.

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