$230,000
$260,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
0 W 20th Ave and S. Monterey Dr -- #290A Apache Junction, AZ 85120
0.77 Acres Lot
Key Details
Sold Price $230,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Superstition Villa
MLS Listing ID 6579971
Sold Date 07/24/24
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $3,170
Tax Year 2022
Lot Size 0.771 Acres
Acres 0.77
Lot Dimensions Irregular 329.49 x 102.71
Property Description
Great location tucked in a well established neighborhood, with a great mix of single family, adult and multifamily residence. Don't miss the chance to acquire this prime vacant land parcel zoned for multifamily development RM-2, allowing for up to 16 units. Yes that's right! Develop and build anywhere from one to sixteen units on this lot, or develop 3 fourplexes, creating 12 units for your investment portfolio, 40' feet high is the limit!. With a flat topography and ample space, the property offers flexibility in designing and constructing a desirable multifamily development that meets market demands. Utilities, Water, Sewer are nearby, waiting to be brought to the property. With its strategic location, favorable zoning, and the growing demand for housing in Apache Junction, this investment opportunity holds immense potential for single family, or multifamily developers and investors. With close proximity to restaurants, shopping centers, schools, hiking, golfing, Canyon Lake and the ever present Superstition Mountains you can't go wrong. Act now to secure your stake in the of Apache Junction real estate market and reap the long-term rewards. Contact the listing agent today to schedule a site visit or obtain further information.
Location
State AZ
County Pinal
Community Superstition Villa
Zoning RM-2
Direction From Idaho Rd and Southern Ave. go north on Idaho Rd. Turn West on 20th Ave. Continue until you reach property on the North side of the street. The property is on the corner of Monterey and 20th Ave.
Exterior
Waterfront No
Topography {\"Level\":true}
Building
Lot Description East/West Exposure, See Remarks, North/South Exp
Sewer Other, None, Public Sewer
Water None, Private Franchise
Schools
School District Apache Junction Unified District
Others
Senior Community No
Tax ID 102-22-290-A
Acceptable Financing Conventional
Horse Property N
Listing Terms Conventional
Financing Cash
Special Listing Condition Owner/Agent
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with American Allstar Realty