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1020 W HIGHWAY 92, BISBEE, AZ 85603

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1020 W HIGHWAY 92
Bisbee, AZ 85603

$479,000

Baths: 0
Number of Units: 2
Type: Multi-Unit Residential
Listing #6837383
Fully renovated income property. Live in one unit, rent the second one, build equity. Rent both, have positive cash flow and build equity. Duplex has a 3-bedroom, 2 bath unit (rent $1,395) and a 2 bedroom-1.5 bath unit (rent $1,325). Property has great location and beautiful views of the Mule Mountains in Bisbee and the Sonoran mountains. Property is fenced in. Upgrades done 2023-2024 include new, individual HVAC units, in-unit washer/dryer, double pane windows, steel exterior doors, glass sliding door to enjoy mountain views, on-demand water heater, new/next to new appliances, some electric, fresh paint inside and outside, new flooring in parts of the property ( Saltillo tile in the rest). A 400 sq. ft. storage/garage with sliding door facing the Mule Mountains (sellers were planning a 1-bedroom apartment). C1 zoning allows business use. Unit A has 2 exterior doors. One door leads to a bedroom which can be an office as well.
Listing Courtesy of Mountain Lake Realty
Property Features
Location Information
County: Cochise
Community Features: Other
Latitude: 31.401105
Longitude: -109.921481
Directions: From Sierra Vista, driving on Highway 92 head East to Bisbee, pass Hereford, Palominas, property is on the left. From Sierra Vista, driving on Highway 90 head East to Bisbee, pass the Circle,
Township: 23
Interior Features
Full Baths: 0
Has Fireplace: No
Heating: Heat Pump, Natural Gas
Cooling: Central Air, Ceiling Fan(s)
Floors: Other, Ceramic Tile, Stone, Concrete
Tenant Pays: Electricity, Trash, Water
Total Number of Units: 2
Exterior Features
Construction: Painted, Slump Block
Roof: Rolled/Hot Mop
Water Source: City Franchise
Septic or Sewer: Septic Tank
Covered Spaces: 0
Electric: APS, Individual Meter
Parking Description: Paved, RV/Access Parking
Has a Pool: No
Is a Horse Property: No
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Dimensions: irr
Zoning: c-1
Number of Buildings: 1
Road Description: Asphalt
School
Elementary School: Copper Credits
Jr. High School: Lowell School
High School: Bisbee High School
Additional Information
Income & Expenses: Owner Association: No, Operating Exp: $1098.0
2 Bedroom Units: # 1 Bedroom Units: 1, Avg Rent: $1325.0, Avg SqFt: 1027, # Baths: 2
3 Bedroom Units: # 1 Bedroom Units: 1, Avg Rent: $1395.0, Avg SqFt: 1941, # Baths: 2
Property Type: RI
Year Built: 1967
Status: Active
Owner Pays: None
Lot Features: Other
Tax Year: 2024
Tax Amount: $1,098
New Financing: Cash, Conventional5
Income & Expenses: Net Operating Income: $29502.0


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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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ARMLS - Arizona data last updated at April 2, 2025, 6:48 AM MST
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