355 S Sahuaro Street, Ajo, AZ 85321

$800,000

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List Price
$800,000
Price Change
▼ $149,000 1776201867
Days on Market
317
Status
PENDING
MLS#
6904980
City
Ajo
Subdivision
New Corneila Add
Year Built
1973

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! Originally constructed as a school and thoughtfully converted into apartments in 1998, this fully operational 18-unit complex (each 1 bed/1 bath with covered parking) is income-producing from day one. Recent improvements include a new roof, updated exterior paint, and well-maintained interiors. Situated on just over 5 acres near the copper mine and border, the property offers exceptional expansion potential—County zoning allows for 70+ additional units. Whether you choose to develop more multi-family housing, add storage facilities, or create a KOA-style campground, the possibilities for growth and increased revenue are truly endless.

Additional Information

Elementary School
Ajo Elementary School
High School
Ajo High School
Middle School
Ajo Elementary School
Community Features
No Pool, Sport Court
Construction
Slump Block, Painted, Stucco
Cooling
Window/Wall Unit, Ceiling Fan(s)
Heating
Electric
New Financing
Conventional, Cash
Parking Features
Open, 1 Space/Unit, Carport
Roofing
Composition
Subdivision
New Corneila Add
Taxes
$6,909
Tax Year
2014
Tenant Pays
Electricity
Units
18
Water
City Franchise
Zoning
C-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of West USA Realty.

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