512 N Valley Drive

    Apache Junction, AZ 85120
    • $542,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • MLS #: 5967735
    Under Contract
    UPDATED: 63 min ago
    $542,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    Description

    Don't miss out on the perfect place to live and cash flow PLUS future development. Close to fishing, hiking, and shopping. 4-1br 1 ba and 2-2br 1 ba for a total 6 units approx 3434 sq ft. Property can be rezoned for up 13 units. Owned solar on unit 1 (owner's unit), $60000 sewer addition. Superstition Mountain views. RV hookup area. Existing drawn out carport plans. Separate electric meters, owner pays water/sewer trash. DRIVE BY ONLY - unit 1 available for show by appointment only - DO NOT DISTURB TENANTS

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    © 2019 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 Daniel Montez Real Estate Group. Data last updated 2019-09-20T12:11:27.77.
    www.valleyrealestatedeals.com/homes/98162121

    512 N Valley Drive Apache Junction, AZ 85120

    • Price: $542,000
    • Status: Active Under Contract
    • Updated: 63 min ago
    • MLS #: 5967735
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Apache Addition Acres
    County:
    Pinal
    Area:
    Apache Junction
    Elementary School:
    Four Peaks Elementary School - Apache Junction
    Middle School:
    Cactus Canyon Junior High
    High School:
    Apache Junction High School
    School District:
    0043 - Apache Junction Unified District - Pinal
    Property Description
    Don't miss out on the perfect place to live and cash flow PLUS future development. Close to fishing, hiking, and shopping. 4-1br 1 ba and 2-2br 1 ba for a total 6 units approx 3434 sq ft. Property can be rezoned for up 13 units. Owned solar on unit 1 (owner's unit), $60000 sewer addition. Superstition Mountain views. RV hookup area. Existing drawn out carport plans. Separate electric meters, owner pays water/sewer trash. DRIVE BY ONLY - unit 1 available for show by appointment only - DO NOT DISTURB TENANTS
    Exterior Features

    Construction BlockDucts Professionally Air-Sealed Construction Finish Painted Covered Parking Spaces 2.00 Exterior Amenities Desert Landscaping Lot Size Dimensions 43581 Parking Free1 Space/UnitCarport<1 Space Per UnitRv/Boat Parking Roads Asphalt/BlacktopDirt/Gravel Roofing Comp Shingle Total Parking Spaces 10.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 440 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 820 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/RangeRefrigerator Cooling Central A/CElectric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl/Composition Heating ElectricCeiling Fan(S) Interior Amenities Fire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 700.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 850.00 2 Bedroom Units 2 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 42500.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1400.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 600.00 Annual Legal And Acctg 0.00 Annual Maint Exp 600.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 549.00 Annual Wtr Swr Exp 1200.00 Community Amenities No Pool Cross Street Ironwood And Apache Trail Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrpSolar Gas None Gross Annual Sch Inc 42500.00 Hoa YN No Mobile Home Park Rv Spaces 1 Net Operating Income 36284.00 New Financing ConventionalSeller May Carry Operating Exp 6216.10 Other Income 0.00 Owner Pays WaterSewerTrashLandscaping Project Type DuplexFour Plex5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Apache Junction Taxes 1867.10 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 3950.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water Master MeterPrivate Franchise Zoning Rm1

    Listing courtesy of True Home Realty.


    © 2019 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 Daniel Montez Real Estate Group. Data last updated 2019-09-20T12:11:27.77.
     
    The Daniel Montez Real Estate Group
    33 N. Lindsay Road Suite 111
    Gilbert AZ, 85234