461 W 16TH Avenue, APACHE JUNCTION, AZ 85120  

Come and see your next 4-plex investment! Almost at an 8% cap rate. All units rented but some month-month contracts leave option for primary residence buyer. Under professional property management. Easy to rent. Three newer AC units. All solid surface flooring throughout for low maintenance. Washer/dryer hookups. ALL utilities (electric, water, and trash) in tenants' individual names. No worrying about a leaky toilet and an unexpectedly high water bill! No HOA. One tenant since 2012 has low lease rate of only $615 plus tax. Newest two tenants are at $715 plus tax. Drive by only; showing with accepted offer. Buyer to verify all facts and figures.

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  • Listing Type Multi-Family
  • Listing ID 5954547
  • Lot Size 75x121.27
  • Listing Status Active
  • Year Built 1982
  • County Pinal
  • Subdivision Superstition Villa
  • County School District Apache Junction Unified District - Pinal
  • School District 1 Four Peaks Elementary School - Apache Junction
  • School District 2 Cactus Canyon Junior High
  • School District 3 Apache Junction High School
  • Zoning Multi-Family
  • Taxes 1236.0
Listing courtesy of Evolve Realty, LLC

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  2. Down Payment optional for VA Loans. No PMI is required.

    *This option is for a conforming mortgage. For amounts exceeding $484,350, you may need a jumbo mortgage.

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Sold Info

Date Sold for * Help Change
09/18/2014 $145,000 -22.0%
01/31/2004 $186,000 +11.4%
04/01/2002 $166,900 N/A
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