Homes for Sale in Arizona

512 N Valley Drive, Apache Junction, AZ 85120 (MLS # 5967735)

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PRICE $542,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

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

DAYS ON MARKET 31 LAST UPDATED 9/10/2019
TRACT Apache Addition Acres YEAR BUILT 1963
COUNTY Pinal STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Apache Junction Unified District - Pinal (0043)
Elementary School Four Peaks Elementary School - Apache Junction
Grade School Apache Junction Unified District - Pinal (0043)
Jr. High School Cactus Canyon Junior High
High School Apache Junction High School

PRICE HISTORY
Prior to Aug 28, '19 $562,000
Aug 28, '19 - Today $542,000


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 4
1 BEDROOM UNITS: # BATHS 1
1 BEDROOM UNITS: AVG RENT 700.00
1 BEDROOM UNITS: AVG SQFT 440
2 BEDROOM UNITS: # 2 BEDROOM UNITS 2
2 BEDROOM UNITS: # BATHS 1
2 BEDROOM UNITS: AVG RENT 850.00
2 BEDROOM UNITS: AVG SQFT 820
3 BEDROOMS UNITS: # 3 BEDROOM UNITS 0
3 BEDROOMS UNITS: # BATHS 0
3 BEDROOMS UNITS: AVG RENT 0.00
3 BEDROOMS UNITS: AVG SQFT 0
4 BEDROOMS UNITS: # 4 BEDROOM UNITS 0
4 BEDROOMS UNITS: # BATHS 0
4 BEDROOMS UNITS: AVG RENT 0.00
4 BEDROOMS UNITS: AVG SQFT 0
APPLIANCES INCLUDED F/S Oven/Range, Refrigerator
COMMUNITY AMENITIES No Pool
CONST - FINISH Painted
CONSTRUCTION Block, Ducts Professionally Air-Sealed
COOLING Central A/C, Electric Refrigeratd, Individual
COUNTY CODE Pinal
ELECTRIC Individual Meter, Solar, SRP
ELEMENTARY SCHOOL Four Peaks Elementary School - Apache Junction, Four Peaks Elementary School - Apache Junction
EXTERIOR AMENITIES Desert Landscaping
FLOORS Carpet, Ceramic Tile, Vinyl/Composition
GAS None
HEATING Ceiling Fan(s), Electric
HIGH SCHOOL Apache Junction High School, Apache Junction High School
INCOME & EXPENSES: ADJUSTED GROSS INC 42500.00
INCOME & EXPENSES: ANNUAL ELEC EXP 0.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 1400.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 600.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 600.00
INCOME & EXPENSES: ANNUAL MGMT EXP 0.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 0.00
INCOME & EXPENSES: ANNUAL OWNR ASOC FEE 0.00
INCOME & EXPENSES: ANNUAL PAD FEE 0.00
INCOME & EXPENSES: ANNUAL RPLCMNT RSRVS 0.00
INCOME & EXPENSES: ANNUAL TRASH EXP 549.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 1200.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 42500.00
INCOME & EXPENSES: NET OPERATING INCOME 36284.00
INCOME & EXPENSES: OPERATING EXP 6216.10
INCOME & EXPENSES: OTHER INCOME 0.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: TOTL MNTH RNTAL INC 3950.00
INCOME & EXPENSES: VACANCY ALLOWANCE 0.00
INTERIOR AMENITIES Fire/Smoke Alarm(s), Mini Blinds
JR. HIGH SCHOOL Cactus Canyon Junior High
LEGAL INFO: LOT NUMBER 21
LEGAL INFO: RANGE 08E
LEGAL INFO: SECTION 20
LEGAL INFO: TOWNSHIP 01N
LOT SIZE DIMENSIONS 43581
MARKETING NAME Galen's Garden
MOBILE HOME PRK INFO: # RV SPACES 1
NEW FINANCING Conventional, Seller May Carry
OWNER PAYS Landscaping, Sewer, Trash, Water
PARKING <1 Space Per Unit, 1 Space/Unit, Carport, Free, RV/Boat Parking
PROJECT TYPE 5 - 12 Units, Duplex, Four Plex
ROADS/STREETS Asphalt/Blacktop, Dirt/Gravel
ROOFING Comp Shingle
SALE INCLUDES Land & Building
SEWER Sewer - Public
SOURCE OF FINCL DATA Provided by Owner
STATUS - CONTINGENT UCB (Under Contract-Backups)
TAX MUNICIPALITY Apache Junction
TAXES 1867.10
TENANT PAYS Cable TV, Electric
TOTAL # OF UNITS 6.00
TOTAL PARKING SPCS 10.00
WATER Master Meter, Private Franchise
ZONING RM1

ZESTIMATE
512 N Valley Drive, Apache Junction, AZ

RENT ZESTIMATE
$995 / mo.  512 N Valley Drive, Apache Junction, AZ

33 Car-Dependent



 
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Data last updated 9/21/19 12:34 PM PDT.