553 W ESPERANZA Avenue, Ajo, AZ 85321

$393,900
Property Type: Multiple Dwellings Status: Active
Current Price: $393,900 Last Modified: 5/23/2025

Description

Excellent opportunity for a 10 Unit Apartment Complex investment at Montecito Manor Apartments. Next to the New Border Patrol Housing, The Curley School and a short distance to The Plaza. All units 2/1 with a living room and eat-in kitchen. on two buildings and a laundry, which can be coin operated for additional income. Huge Parcel at 1.634 Acres. In the small town of Ajo deep in the Sonoran Desert, 43 miles north of the Mexican border, with an easy drive to Rocky Point. Additional concrete slab, which can be turned into storage units for more potential income or covered parking. Possibilities are endless with this 10 unit investment opportunity. multiple options to use as AirBNB, short term rental or long term rentals. Priced to sell!

More Information MLS# 6779573

Contract Info

Current Price: $393,900 List Price: $393,900 Status: Active List Date: 2024-11-04 Ownership: Fee Simple

Location Tax Legal

House Number: 553 Compass: W Street Name: ESPERANZA St Suffix: Avenue City/Town Code: Ajo State/Province: AZ Zip Code: 85321 Zip4: 2481 Country: US County Code: Pima Subdivision: NEW CORNEILA ADD Assessor Number: 401-55-472-E Tax Year: 2024

General Property Description

Lot Size Dimensions: N/A Year Built: 1944 Uncvrd Parking Spcs: 10 Total # of Units: 10 # of Buildings: 2 Zoning: CR4 Flood Zone: No Elementary School District: Ajo Unified District High School District: Ajo Unified District Elementary School: Out of Maricopa Cnty Jr. High School: Out of Maricopa Cnty High School: Out of Maricopa Cnty

Remarks Misc

Cross Street: Esperanza & 3rd Directions: Follow AZ85 South on Perro de Nieve St, take 3rd left on to W Esperanza Ave. Geo Lat: 32.371245 Geo Lon: -112.868561

Status Change Info

Status Change Date: 2025-02-11

Legal Info

Township: 12 Range: 60 Section: 22 Lot Number: 0000D

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 10 Avg Rent: 800 Avg SqFt: 500 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Metal Floors: Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator Heating: Individual; See Remarks Cooling: Ceiling Fan(s); Individual; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: City Electric Gas: SW Gas Parking Features: 1 Space/Unit Owner Pays: Water; Electric; Gas Tenant Pays: Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: Other; See Private Remarks New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: eXp Realty
Last Updated: May - 23 - 2025
553 W ESPERANZA Avenue, Ajo, AZ 85321- MLS# 6779573
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