$460,000
$455,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/30/2020
Key Details
Sold Price $460,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Las Flores
MLS Listing ID 6075494
Sold Date 06/30/20
Maintenance Fees $2,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $912
Tax Year 2019
Lot Dimensions irreg
Property Description
This updated four-plex consists of four 2-bedroom / 1-bath rental units of approx 621 SF. Three (3) of them have been tastefully remodeled to include in-unit stackable washer-dryers, new cabinets and counters, new backsplashes, vanities, windows, lighting and appliances. And with the installation of new A/C units, upgraded electrical service panels, and a beautiful new parking lot- the heavy lifting has been done. Value-Add going forward could be finishing the last unit and to simply move the leases to market rents. One of the renovated units is currently rented at $995, and another leased at $1,025 PLUS both collect $40 in R.U.B.S. Proximity to downtown, midtown and the valley freeways provides tenants easy access to valley employment, shopping and more.
Location
State AZ
County Maricopa
Community Las Flores
Zoning M-H, R-5
Direction From Roosevelt /Grand Ave / 7th Avenue, go West on Roosevelt to 17th Avenue, south on 17th Avenue to Garfield, east to property.
Interior
Heating Central, Electric
Cooling Electric, Heat Pump, Individual
Flooring Ceramic Tile, Vinyl
Appliance F/S Oven/Range, Washer/Dryer, W/D Hookup
Exterior
Parking Features Paved Parking, >1 Space Per Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 16
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-25-064
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing VA
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