525 E PEPPERTREE Avenue, Apache Junction, AZ 85119

$675,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $675,000 Last Modified: 2/08/2025

Description

Great 4-plex rental property with 100% occupancy. All units have 2 bedrooms and 1 bathroom with 700+ SF of living space. Tile flooring throughout with tenants paying all utilities except for trash. Excellent cash flowing property for an investor or for an owner to occupy one unit and collect rents from the other three. Entire roof replaced in August of 2017.

More Information MLS# 6390565

Contract Info

Current Price: $675,000 Sold Price: $675,000 Status: Closed List Date: 2022-04-28 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: R44 House Number: 525 Compass: E Street Name: PEPPERTREE St Suffix: Avenue City/Town Code: Apache Junction State/Province: AZ Zip Code: 85119 Zip4: 3764 Country: USA County Code: Pinal Subdivision: PALM SPRINGS UNIT ELEVEN Assessor Number: 102-06-045 Tax Year: 2021

General Property Description

Lot Size Dimensions: irr Year Built: 1983 Uncvrd Parking Spcs: 6 Total # of Units: 4 # of Buildings: 1 Zoning: 4plex Elementary School District: Apache Junction Unified District High School District: Apache Junction Unified District Elementary School: Peralta Trail Elementary School Jr. High School: Cactus Canyon Junior High High School: Apache Junction High School

Remarks Misc

Cross Street: Idaho and Southern Directions: East on Southern from Idaho to Winchester, north to Peppertree then East to property Geo Lat: 33.394804 Geo Lon: -111.540283

Status Change Info

Status Change Date: 2022-06-18 Off Market Date: 2022-06-18 Under Contract Date: 2022-05-13 Close of Escrow Date: 2022-06-17 Sold Price: $675,000

Legal Info

Township: 01N Range: 08E Section: 28 Lot Number: 1144

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Frame - Wood Const - Finish: Stucco; Siding Roofing: Built-Up Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Amenities: No Pool Exterior Amenities: Desert Landscaping Interior Amenities: Unfurnished Appliances Included: Other (See Remarks) Cooling: Heat Pump Water: Other Sewer: Septic in & Cnctd Electric: SRP Gas: None Parking: 1 Space/Unit Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Lockbox Type: Supra (ARMLS) Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Listing Office: Perk Prop Real Estate

Last Updated: February - 08 - 2025

525 E PEPPERTREE Avenue, Apache Junction, AZ 85119 (MLS# 6390565)