Search Entire MLS By Map Or Your Own Search Criteria
$575,000
Apache Junction, AZ 85120
MLS# 6687727
1 / 30
Property Description
COMMERCIAL OPPURTUNITY AWAITS. INDIVIDUALLY METERED UNITS. Tri-Plex w/ Industrial and RM-2 zoning. Surrounded by industrial and medium density apartments. It is on the corner of the alley allowing either 2 more units or a business/shop at the end of the lot. Plans for additional unit in photos. The tri-plex is currently 2 bedroom 1.5 bath units, all units have private washer and dryer rooms, private patios. Two out of the Three units are FULLY remodeled with new kitchens, new bathrooms, new flooring, new paint. AC units maintained yearly, all new windows on building. Fresh exterior paint done April 2024. TENANTS PAY THEIR OWN UTILITIES. Drive By Only. Great opportunity for a business/shop to build in the back & rental income in the front.
Details
Maps
Documents
Contract Info
Current Price: $575,000
List Price: $575,000
Status: Active
List Date: 2024-04-05
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 2065
Compass: S
Street Name: COCONINO
St Suffix: Drive
Unit #: A
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85120
Zip4: 7650
Country: USA
County Code: Pinal
Legal Description (Abbrev): LOT 340 SUPERSTITION VILLA CAB 12 SLD 39
Subdivision: SUPERSTITION VILLA
Assessor's Map #: 22
Assessor's Parcel #: 338
Assessor Parcel Ltr: B
Add'l Parcels: No
Assessor Number: 102-22-338-B
Legal: LOT 340 SUPERSTITION VILLA CAB 12 SLD 39
Census Tract: 314
Tax Municipality: Pinal - COUNTY
Taxes: 1241
Tax Year: 2023
Marketing Name: Commercial Oppurtunity
General Property Description
Lot Size Dimensions: 40X159
Year Built: 1983
Uncvrd Parking Spcs: 3
Total # of Units: 5
# of Buildings: 1
Zoning: INDUSTRIAL/RM-2
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Remarks & Misc
Cross Street: IDAHO AND SOUTHERN AVE
Directions: NORTH on Idaho to 20th Ave WEST to Coconino Dr SOUTH to lot on the CORNER.
Geo Lat: 33.396102
Geo Lon: -111.54717
Status Change Info
Status Change Date: 2024-04-05
Legal Info
Township: 01N
Range: 08E
Section: 29
Lot Number: 340
Income & Expenses
Owner Association: No
Operating Exp: 1241
Gross Annual Sch Inc: 43200
Adjusted Gross Inc: 43200
Net Operating Income: 43200
Pmt & Rate Info
Cap Rate: 7.51
Equity: 575000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1200
Avg SqFt: 900
# Baths: 15
Contact Info
List Agent Home Phn: 480-206-3631
Property Features
Project Type: Tri-Plex; 5 - 12 Units
Other Type: Other (See Remarks)
Construction: Frame - Wood
Const - Finish: Painted; Siding
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Street Parking; >1 Space Per Unit
Roads/Streets: Gravel; Asphalt
Owner Pays: Other
Tenant Pays: Water; Electric; Trash
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Lockbox Type: None
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Apartment/Shop Option 
Listing Office: Real Broker
Last Updated: April - 27 - 2024
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.