For more information regarding the value of a property, please contact us for a free consultation.
506 E SOUTHERN Avenue E #11 Apache Junction, AZ 85119
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Springs #11 Lot 1182
MLS Listing ID 6562638
Sold Date 06/27/23
Maintenance Fees $2,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $1,385
Tax Year 2022
Lot Dimensions 0.233 acres / 10,133 sqft County Zone
Property Description
This 4-Plex has easy access to Highway 60 in Apache Junction. The exterior of the building was just remodeled this May, as well as, painted.. All facia boards were replaced, as well. The unit has four remodeled secured laundry rooms with easy access. Ample parking in the rear of the building. Each unit has its owned private fenced for privacy. There are FOUR - 2 bedroom units with one bath each.
All units are rented with solid tenants. Cap rate 6.49%
Location
State AZ
County Pinal
Community Palm Springs #11 Lot 1182
Zoning (04-02) RENTAL
Direction US 60 EAST TO S IDAHO ROAD. EXIT NORTH ON S IDAHO TO WEST ON SOUTHERN AVENUE. FOLOW SOUTHERN AVE WEST TO FOURTH HOUSE ON THE LEFT AFTER CROSSING SOUTH WINCHESTER ROAD.
Interior
Heating Heat Pump, Electric
Cooling Heat Pump, Electric
Flooring Concrete
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, BI OvenRange
Exterior
Garage Free
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Free
Total Parking Spaces 8
Building
Sewer Septic in & Cnctd, Septic Tank
Water City Franchise
Schools
Elementary Schools Superstition Mountain Elementary School
Middle Schools Desert Mountain School
High Schools Apache Junction High School
School District Apache Junction Unified District
Others
Senior Community No
Tax ID 102-06-083
Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Read Less
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Desert River Realty
GET MORE INFORMATION