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2155 S Apache Drive

Apache Junction, AZ 85120
  • $800,000
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • MLS #: 6378221
Under Contract
UPDATED: 80 min ago
$800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

Description

Incredible 4-Plex investment opportunity close to the US-60 in Apache Junction. Neighboring 4-Plex 2125 also for sale by same owner! All units are 2 bedrooms/1 bathroom, individual laundry rooms in each unit, and all units have exterior storage rooms. Three single level units have private , enclosed patios. Unit 3 renovated in 2021, full ext paint in 2020, new roof installed 2019, staircase replaced in 2020, fence installed in 2020. Rents: 2 @ $1,250.00, 3 @ $1,250.00, 4 @ $893.15 - room to increase rents in unit 4 at lease expiration! Unit 1 lease expires 05/31 and will be listed at approx. $1,250.00 06/2022. All units individually metered for electric - tenant pays. Professionally managed! 12 month leases! Qualifies for residential financing! **DO NOT DISTURB TENANTS; DRIVE-BY ONLY

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group Real Estate. Data last updated 2022-05-17T21:13:03.627.
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2155 S Apache Drive Apache Junction, AZ 85120

  • Price: $800,000
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 80 min ago
  • MLS #: 6378221
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1982
Built
Neighborhood:
Superstition Villa
County:
Pinal
Area:
Apache Junction
School District:
0043 - Apache Junction Unified District - Pinal
Property Description
Incredible 4-Plex investment opportunity close to the US-60 in Apache Junction. Neighboring 4-Plex 2125 also for sale by same owner! All units are 2 bedrooms/1 bathroom, individual laundry rooms in each unit, and all units have exterior storage rooms. Three single level units have private , enclosed patios. Unit 3 renovated in 2021, full ext paint in 2020, new roof installed 2019, staircase replaced in 2020, fence installed in 2020. Rents: 2 @ $1,250.00, 3 @ $1,250.00, 4 @ $893.15 - room to increase rents in unit 4 at lease expiration! Unit 1 lease expires 05/31 and will be listed at approx. $1,250.00 06/2022. All units individually metered for electric - tenant pays. Professionally managed! 12 month leases! Qualifies for residential financing! **DO NOT DISTURB TENANTS; DRIVE-BY ONLY
Exterior Features

Construction Frame - Wood Construction Finish Brick Trim/VeneerPaintedSiding Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert LandscapingFencedPatio/BalconySeparate Storage Lot Size Dimensions 75.27 X 129.71 Parking 1 Space/UnitAdd'l Parking AvailAssigned Roads AlleyAsphaltCurb(S) & Gutter(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 784 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling Ceiling Fan(S)Central A/CHeat PumpIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileVinyl Heating ElectricHeat PumpIndividual Interior Amenities Fire/Smoke Alarm(S)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1084.54 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 55717.80 Annual Mgmt Exp 3270.37 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Idaho Rd And Southern Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 55717.80 Hoa YN No Net Operating Income 51031.43 New Financing 1031 ExchangeConventional Operating Exp 4686.37 Other Income 0.00 Owner Pays SewerTrash Collection Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Pinal - County Taxes 1416.00 Tenant Pays ElectricWater Totl Mnth Rntal Inc 4338.15 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning Gr

Listing provided by Century 21 Arizona Foothills: (480) 505-4646.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group Real Estate. Data last updated 2022-05-17T21:13:03.627.
 
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My Home Group Real Estate
8350 E. Raintree Dr. Suite 210
Scottsdale AZ, 85260