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Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6381565
Sold Date 12/20/22
Maintenance Fees $600
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1906
Annual Tax Amount $383
Tax Year 2022
Lot Dimensions 50 x 127
Property Description
Located in a Qualified Opportunity Zone with tenants in two units and the remaining units are ready for tenants and will be leased at $1250 per month! This property was appraised last December for 600K with the increase in rents at a much higher Cap Rate. This property is a solid long term investment play. Remember that this is master metered for all utilities and PLEASE drive-by only, before submitting offer. Buyer to verify all facts and figures.
Location
State AZ
County Maricopa
Zoning R-3
Direction 24th Ave south to Yuma Yuma west to Property Property is on the south side of the street
Interior
Heating Individual, Central, Heat Pump, Window/Wall Unit(s), 2 or More Units, Electric
Cooling Central Air, Window/Wall Unit, Electric, Individual, 2 or More Units
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features >1 Space Per Unit, On Street
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
Elementary Schools Alfred F Garcia School
Middle Schools Alfred F Garcia School
High Schools Carl Hayden High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 105-07-051
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing FHA
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Chris Fisher
Real Estate Consultant | License ID: SA660964000
Real Estate Consultant License ID: SA660964000