Apache Junction, AZ 85120,1022 N MAIN Drive
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Apache Junction, AZ 85120,1022 N MAIN Drive
Apache Junction, AZ 85120,1022 N MAIN Drive
Apache Junction, AZ 85120,1022 N MAIN Drive
Apache Junction, AZ 85120,1022 N MAIN Drive
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1022 N MAIN Drive Apache Junction, AZ 85120


UPDATED:

02/04/2025 10:43 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision S18 T1N R8E

MLS Listing ID 6815436

Maintenance Fees $800

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $1,427

Tax Year 2024

Lot Dimensions 130 x 331

Property Description

1022 & 1034 Main Dr highlights four living units, three of which are ground-set, bank-financeable modular homes & one site-built 1-bedroom unit; all unit interiors were renovated in 2022. The seller is willing to finance the asset with reasonable terms that would provide strong cash flow! The investment would allow for significant opportunities for an investor to acquire a cash-flowing asset in a growing market! The Apache Junction property zoning (RS-10M) may allow for additional density and homes! All ground-set homes are currently owned by the owner. Current rents are below market, yet still generating a strong rent for the asking price. The asset is just below an acre of land that can be optimized to increase NOI day 1!

Location

State AZ

County Pinal

Community S18 T1N R8E

Zoning Residential

Interior

Heating See Remarks, 2 or More Units, Electric

Cooling Ceiling Fan(s), Window/Wall Unit, Electric

Flooring Carpet, Ceramic Tile

Appliance F/S Oven/Range

Exterior

Parking Features Other (See Remarks), Add'l Parking Avail

Community Features No Pool

Roof Type Composition

Total Parking Spaces 9

Building

Sewer Public Sewer

Water City Franchise, Individual Meter

New Construction No

Schools

Elementary Schools Desert Vista Elementary School

Middle Schools Cactus Canyon Junior High

High Schools Apache Junction High School

School District Apache Junction Unified District

Others

Senior Community No

Tax ID 100-35-026-D

Acceptable Financing Conventional, FHA, Owner May Carry

Listing Terms Conventional, FHA, Owner May Carry


Arizona Regional MLS (ARMLS)
Listed by Orion Investment Real Estate
agent

Mariano Santana

SASA684493000

+1(480) 558-6098

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1022 N MAIN Drive