Price Reduction
Address
2065 S COCONINO Drive # A, Apache Junction, AZ
Price
$ 549,000
Property Attributes
- MLS#6687727
- TypeMulti-Family
- CountyPINAL
- CityApache Junction
- NeighborhoodSUPERSTITION VILLA
- Zip85120
- StyleMultiple Dwellings
- Year Built1983
- Taxes$ 1241
- Price$ 549,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
COMMERCIAL OPPURTUNITY AWAITS. INDIVIDUALLY METERED UNITS. PRE-APPLICATION PACKET SUBMITTED 5/9/2024. Tri-Plex w/ RM-2/PD 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
| Price History | |
|---|---|
| 4/6/2024 | Listed $625,000 |
| 4/27/2024 | 8% - $575,000 |
| 5/10/2024 | 4% - $555,000 |
| 5/13/2024 | 2% - $549,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Roof | Composition |
| Zoning | INDUSTRIAL/RM-2 |
| Construction Materials | Siding,Painted,Frame - Wood |
| Year Built | 1983 |
| Electric | SRP |
| Tenant Pays | Trash Collection,Electricity,Water |
| Township | 01N |
| Unit Number | A |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 43200.0 |
| OwnerPays | Other |
| Community Features | No Pool |
| County | Pinal |
| Net Operating Income | 43200.0 |
| Operating Expense | 1241.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| Subdivision Name | SUPERSTITION VILLA |
| Garage Y/N | No |
| Status | Active |
| Directions | NORTH on Idaho to 20th Ave WEST to Coconino Dr SOUTH to lot on the CORNER. |
| City | Apache Junction |
| Buyer Agent Compensation | 2.50 |
| Disclosures | Seller Prop Disc Stm |
| View Y/N | No |
| High School District | Apache Junction Unified District |
| Open Parking Spaces | 3.0 |
| Total Units | 5 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | COCONINO |
| Tax Annual Amount | 1241.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 39 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Elementary School District | Apache Junction Unified District |
| Tax Lot | 340 |
| Cap Rate | 7.51 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Drive |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | >1 Space Per Unit,Street Parking |
|---|---|
| Water Source | City Franchise |
| Total Parking | 3.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 40X159 |
| Lot Size Acres | 0.0 |
| Road Surface Type | Gravel,Asphalt |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 85120
Price
Taxes
Visits
Year Built
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