2560 S Yavapai Road, Apache Junction, AZ 85119
- $500,000
- 6
- BD
- 3
- BA
- List Price
- $500,000
- Status
- ACTIVE
- Price Change
- ▼ $20,000 1780550479
- Days on Market
- 234
- MLS#
- 6971413
- City
- Apache Junction
- Bedrooms
- 6
- Bathrooms
- 3
- Year Built
- 1983
Property Description
Excellent investment opportunity with strong cash flow potential. This triplex features three well-designed 2-bdm, 1-bath units, each offering an indoor laundry room, private outdoor storage, & covered parking. Two of the three units have been remodeled, providing immediate value with additional upside through renovation of the remaining unit to increase rents. All units are individually metered for water & electricity -keeping operating expenses low. The property is ideally located near the US 60 freeway with convenient access to shopping & dining. Nearby outdoor amenities include hiking, biking, golfing, the Salt River, & local lakes, enhancing tenant appeal. Rent potential for this area is $1,300-$1,500. Buyer to verify all facts, figures and schools.
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Additional Information
- Taxes
- $1,580
- Net Operating Income
- $39,800
- Cap Rate
- 7.96
- Units
- 3
- Parking Features
- Other
- Construction
- Wood Frame, Stucco
- Roofing
- Rolled/Hot Mop
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Heating
- Electric, Heat Pump, Central
- Zoning
- CR-5
- Subdivision
- Palm Springs Unit 15
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Water, Electricity, Trash Collection
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
- Middle School
- Cactus Canyon Junior High
- High School
- Apache Junction High School
Courtesy of Cactus Rose Realty. 480-330-6256
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