451 E 10th Avenue, Apache Junction, AZ 85119

$725,000

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List Price
$725,000
Days on Market
7
Status
ACTIVE
MLS#
7056408
City
Apache Junction
Subdivision
Palm Springs Unit Five
Year Built
1980

Property Description

Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential -- priced at $725,000! All units offer spacious 2 bed/1 bath layouts. Three units were tastefully renovated Jan-May 2023 with modern finishes and updated interiors. All four units feature NEWER A/C units installed in 2022 for year-round efficiency and peace of mind. New roof completed on back duplex in Sept 2023. Community laundry on site. Tenants are currently in place at strong rental rates, delivering immediate cash flow from day one. Fully occupied with a solid rental history -- a true turnkey investment opportunity! BONUS: Expansive parking area allows tenants to store additional vehicles, boats & trailers with landlord approval -- a rare perk driving long-term tenant satisfaction and retention!!

Additional Information

Elementary School
Peralta Trail Elementary School
High School
Apache Junction High School
Middle School
Cactus Canyon Junior High
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco, Siding
Cooling
Central Air, Electric, Varies by Unit, 2 or More Units, Ceiling Fan(s)
Electric
SRP
Exterior Features
Rain Gutters
Heating
Zoned, Electric, Varies by Unit, Central, Forced Air
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
1 Space/Unit
Roofing
Composition
Sewer
Sewer-In & Connected
Subdivision
Palm Springs Unit Five
Taxes
$1,544
Tax Year
2025
Tenant Pays
Cable TV
Units
4
Water
City Franchise
Zoning
General Rural Z

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Integrity First Realty.

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