Apache Junction, AZ 85119,506 E SOUTHERN Avenue E #11
Apache Junction, AZ 85119,506 E SOUTHERN Avenue E #11
Apache Junction, AZ 85119,506 E SOUTHERN Avenue E #11
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$550,000

$599,000

8.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/27/2023

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

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Arizona Regional MLS (ARMLS)
Listed by United Real Estate-Alliance
Bought with Desert River Realty

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Shannon Everett

Realtor | Lic# 3002147

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