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2512 S YAVAPAI Road Apache Junction, AZ 85119
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Key Details
Sold Price $345,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palm Springs Unit 15
MLS Listing ID 6239689
Sold Date 07/01/21
Maintenance Fees $1,400
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1980
Annual Tax Amount $1,229
Tax Year 2020
Lot Dimensions irregular
Property Description
Very large one bedroom units with fenced yards and a huge carport, on a residential side street. Approximately one minute drive to U.S. 60. Major improvements include new: electrical service ('13), all A/C systems ('14), roof ('18). 2021 rate of return projected to be 4.6% Rate of return, at market rents of $630/unit, projected to be 5.3%. No deferred maintenance nor rent related issues. All long term tenants. Owner may carry. Tenant in unit #3, in addition to rent, keeps exterior clean and trimmed, is responsible for minor labor associated with repairs in his unit and may be available for minor repairs/maintenance in other units, at a very reasonable rate.
Location
State AZ
County Pinal
Community Palm Springs Unit 15
Zoning CR-5
Direction US60 to Tomahawk, North on Tomahawk to 25th Ave, West on 25th to property at the corner of 25th and Yavapai.
Interior
Heating Central, Electric
Cooling Central A/C, Individual, Electric, Ceiling Fan(s)
Flooring Ceramic Tile, Vinyl
Appliance F/S Oven/Range, W/D Hookup
Exterior
Parking Features Free, RV/Boat Parking, >1 Space Per Unit, Common
Community Features Other, See Remarks
Roof Type Composition
Total Parking Spaces 10
Building
Sewer Septic in & Cnctd
Water City Franchise
New Construction No
Schools
Elementary Schools Peralta Trail Elementary School
Middle Schools Cactus Canyon Junior High
High Schools Apache Junction High School
School District Apache Junction Unified District
Others
Senior Community No
Tax ID 102-27-217
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
Financing Conventional
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