Listing ID6541009
Sold For$370,000
StatusClosed
Sold Date6/02/2023
CountyPinal
SubdivisionSUPERSTITION VILLA LOT 291
Year Built1982
Property TypeMultiple Dwellings
Great investment. Fully rented triplex in AJ with upside as one is long term month to month and others expire December 2023.
Clean 1982 built on large lot with easy care desert landscape great views of superstition.
Super location near US 60 with employment and shopping nearby.
DRIVE BY ONLY! Occupied.
Great upside as units 1 and 2 are below market rents, with #1 month to month and #2 expiring 12/31.
County
Pinal
Property Type
Multiple Dwellings
Subdivision
SUPERSTITION VILLA LOT 291
Year Built
1982
Zoning
MULT
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
700
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
850
Cooling
yes
Flooring
Carpet, Vinyl
Heating
yes
Community Features
No Pool
Country
US
Directions
North on Idaho to 20th AVE, West on 20th Ave, Triplex is the first building on South side of 20th.
Elementary School District
Apache Junction Unified District
General Property Description Elementary School District2
Apache Junction Unified District
General Property Description High School
Apache Junction High School
General Property Description High School District
Apache Junction Unified District
High School
Apache Junction High School
High School District
Apache Junction Unified District
Postal City
Apache Junction
Township
01N
Water Source
Private Franchise, Master Meter
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
SRP
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
70x115
General Property Description Total # of Units
3
General Property Description Uncvrd Parking Spcs
6
Lot Size Dimensions
70x115
Number Of Buildings
1
Number Of Units Total
3
Open Parking Spaces
6
Parking Features
Other (See Remarks), Street Parking
Parking Total
6
Road Surface Type
Asphalt
Roof
Composition
Sewer
Septic in & Cnctd
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
08E
Public Survey Section
29
1 Bedroom Units Avg Rent
650
2 Bedroom Units Avg Rent
600
Cap Rate
4.34
Current Financing
Not Applicable
Disclosures
None
Gross Income
23025
Gross Scheduled Income
23025
Insurance Expense
1000
Listing Terms
Conventional
Maintenance Expense
1200
Net Operating Income
19325
Operating Expense
4779
Owner Pays
Water
Tax Annual Amount
1079
Tax Book Number
102.00
Tax Lot
291
Tax Year
2022
Tenant Pays
Trash Collection, Electricity, Cable TV
Water Sewer Expense
1500
Contact - Listing ID 6541009
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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