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2125 S Apache Drive

Apache Junction, AZ 85120
  • $775,000
  • STATUS: Active
  • ON SITE: 180 Days
  • MLS #: 6378220
UPDATED: 36 min ago
$775,000
  • 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. All 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 2 was updated in 2020, exterior paint completed in 2020, new roof installed in 2019, staircase was replaced in 2020, and fence installed in 2018. Rents: 1 @ $816.50 renews 12/31/22, 2 @ $996.45/3.31.23 , 3 @ $816.50/12.31.22, 4 @ $867.38/1.31.23 - increase rents to market value at lease expirations! All units individually metered for electric. Professionally managed! 12 month leases and 100% occupied! Qualifies for residential financing! **DO NOT DISTURB TENANTS; DRIVE-BY ONLY**

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Arizona Regional MLS logo© 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 The Garcia Group | eXp Realty. Data last updated 2022-10-03T09:19:27.027.
www.beckygarcia.com/homes/127384362
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2125 S Apache Drive Apache Junction, AZ 85120

  • Price: $775,000
  • Status: Active
  • On Site: 180 Days
  • Updated: 36 min ago
  • MLS #: 6378220
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. All 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 2 was updated in 2020, exterior paint completed in 2020, new roof installed in 2019, staircase was replaced in 2020, and fence installed in 2018. Rents: 1 @ $816.50 renews 12/31/22, 2 @ $996.45/3.31.23 , 3 @ $816.50/12.31.22, 4 @ $867.38/1.31.23 - increase rents to market value at lease expirations! All units individually metered for electric. Professionally managed! 12 month leases and 100% occupied! 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 80.28 X 119.83 X 63.07 X 102.71 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 Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile 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 869.46 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 57600.00 Annual Mgmt Exp 3477.83 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 Individual MeterSrp Gas None Gross Annual Sch Inc 57600.00 Hoa YN No Net Operating Income 52761.17 New Financing 1031 ExchangeConventionalOther (See Remarks) Operating Exp 4838.83 Other Income 0.00 Owner Pays SewerTrash Collection Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Pinal - County Taxes 1361.00 Tenant Pays ElectricWater Totl Mnth Rntal Inc 4800.00 UCB No Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning Gr

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Arizona Regional MLS logo© 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 The Garcia Group | eXp Realty. Data last updated 2022-10-03T09:19:27.027.
 
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The Garcia Group | eXp Realty
16165 N 83 Ave # 200
Peoria AZ, 85382