000 W 20th Ave. And Plaza Dr. - 290b -- Unit 290B, Apache Junction, AZ 85120

$235,000

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Sold Price
$235,000
List Price
$280,000
Closing Date
Jan 29, 2024
Days on Market
193
Status
CLOSED
MLS#
6583628
City
Apache Junction
Lot Size
33,636
Subdivision
Superstition Villa

Property Description

Great location tucked in a well established friendly 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, 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. Additional parcel available to purchase to create 1.5 total acreage fwith same zoning. Please see MLS #657997

Additional Information

High School
Apache Junction High School
Middle School
Cactus Canyon Junior High
School District
Apache Junction Unified District
Acres
0.77
Electric
Other (See Rmks), SRP, None
Lot Size
33,636
New Financing
Cash, No Carry, 1031 Exchange, Conventional
Lot Features
East/West Exposure, North/South Exp
Sewer
Other, None, Public Sewer
Subdivision
Superstition Villa
Taxes
$3,170
Tax Year
2022
Vegetation
Natural Vegetation
Water
See Remarks, City Franchise, Private
Zoning
RM-2

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Calculator source: Real Geeks

Listing courtesy of Russ Lyon Sotheby's International Realty. Selling Office: Evergreen Realty LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.