Lori Blank
Lori Blank & Associates, LLC
LORI BLANK Broker / Owner / CRS / ABR / GRI / REOS / RECS
6140 S Kings Ranch Road
Gold Canyon, AZ 85118
Main Phone:(480) 983-8383
Cell Phone:(480) 221-7922
loriblank@msn.com
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8676 E Canyon Estates Circle
Gold Canyon, AZ 85118

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Listing 20 out of 152
$299,900 Pending

503 Montebello Avenue
Apache Junction, AZ 85119

4 units | Multi Family Home - MLS# 5864361
Property Photo

Description

GREAT INVESTMENT WITH GREAT VALUE ADD OPPORTUNITY - RENTS SHOULD BE INCREASED BY AT LEAST $75 PER UNIT. MOST OF THE UNITS ARE MONTH TO MONTH SO THIS CAN BE DONE QUICKLY: TENANTS ALL PAY THEIR OWN WATER AND ELECTRIC. WELL KEPT, 4-PLEX IN EXCELLENT CONDITION. FULLY RENTED. ALL UNITS HAVE NEW A/C INSTALLED BETWEEN 2013 TO 2015. TILE THROUGHOUT ALL UNITS.EACH UNIT HAS ITS OWN PRIVATE FENCED YARD AND PRIVATE STORAGE UNIT. LOTS OF PARKING FOR TENANTS. NOTE: OWNER IS ALSO SELLING 4-PLEX AT (471 E. MONTEBELLO.) GREAT OPPORTUNITY FOR OWNER TO PURCHASE 8 UNITS TOGETHER. TENANTS PAYS OWNER WATER AND ELECTRIC!!! **Numbers listed under expenses on MLS are for self managing buyers/owners**

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Pinal County
  • Zip Code: 85119
  • Year Built: 1982
  • Subdivision/Neighborhood: Palm Springs Unit 14
  • School District: 0043 - Apache Junction Unified District - Pinal
  • Units: 4 units
  • # of Parking Spaces: 8
  • Zoning: UNK
  • 2 Bedroom Units: # 2 Bedroom Units: 4
  • 2 Bedroom Units: # Baths: 1
  • 2 Bedroom Units: Avg Rent: 562.00
  • 2 Bedroom Units: Avg SqFt: 720
  • Appliances Included: Refrigerator, Washer/Dryer, Disposal, Dishwasher
  • Complex Features: No Pool
  • Const - Finish: Painted, Stucco
  • Construction: Frame - Wood
  • Cooling: Electric Refrigeratd
  • Electric: SRP
  • Exterior Features: Cable TV Available
  • Floors: Carpet, Ceramic Tile
  • Heating: Electric
  • High School Dist #: 0043 - Apache Junction Unified District - Pinal
  • Lot Dimensions: IRR
  • Net Income: 21376.00
  • Owner Pays: Landscaping
  • Parking: >1 Space Per Unit
  • Property Description: Four Plex
  • Roads/Streets: Asphalt/Blacktop
  • Roofing: Rolled
  • Sale Includes: Land & Building
  • Sewer: Septic in & Cnctd
  • Tenant Pays: Water, Cable TV, Trash, Electric
  • Water: City Franchise
Courtesy of Tradelands Realty

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