$525,000
$525,000
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SOLD DATE : 07/13/2022
Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6383201
Sold Date 07/13/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $818
Tax Year 2021
Lot Dimensions UNK
Property Description
4 plex located at 19th Ave and Buckeye. Fresh exterior repaint. and #1. #2, 3, 4 all repainted in last 18 months. Central AC installed 2018--Filters changed every 60 days. All units are one 1 bed/1 bath with stove and fridge included with all leases. All tenants are current on rent for April 2022 and pay a 1/4 share of the water, sewer, trash bill from City of Phoenix. Electric is individually metered. Well maintained unit with great maintenance records and 3-12 months left on all leases. Average rent is $903 per unit for a net cap rate over 6%!
Location
State AZ
County Maricopa
Zoning 4-PLEX
Direction TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE.
Interior
Heating Heat Pump, Electric
Cooling Central A/C, Heat Pump, Electric
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 105-04-001
Acceptable Financing CTL, Conventional, FHA, VA Loan
Listing Terms CTL, Conventional, FHA, VA Loan
Financing FHA
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