$550,000
$550,000
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SOLD DATE : 02/24/2020
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Villa East Lot 1-49
MLS Listing ID 6026917
Sold Date 02/24/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $2,127
Tax Year 2019
Lot Dimensions 8028
Property Description
Great cash flow! Each unit is a large 2bed/2bath with fresh tile all throughout recently renovated. Unit #201 is currently vacant(market rent is $1,000), perfect for a FHA loan for buyer to occupy the unit. Or room for higher rent. Unit #101 rent is $988. Unit #102 Rent is $1,016. Unit #202 Rent is $944. Tenants pay electric. There are 4 separate storage rooms for each unit. Laundry hookups if needed for added income. Ample amount of parking. Room for higher rents as the market continues to grow. Great investment opportunity! Buyer to verify all material facts deemed important. Inspection of property only after offer accepted. Please do not disturb tenants. Listing agent is owner of property.
Location
State AZ
County Maricopa
Community University Villa East Lot 1-49
Zoning Multifamily
Interior
Heating Heat Pump, Electric
Cooling Ceiling Fan(s), Electric
Flooring Ceramic Tile
Appliance BI Oven/Range, F/S Oven/Range, Microwave, W/D Hookup
Exterior
Parking Features Assigned, 1 Space/Unit, Street Parking
Community Features No Pool
Roof Type Tile
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Highland Elementary School
Middle Schools Poston Junior High School
High Schools Mountain View High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 140-11-370
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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