$549,000
$549,900
0.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/20/2021
Key Details
Sold Price $549,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Phoenix Butte Apartments
MLS Listing ID 6314386
Sold Date 12/20/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1984
Annual Tax Amount $1,096
Tax Year 2021
Lot Dimensions 76.50 x 186.29
Property Description
Well maintained manicured 4-plex rental property with great curb appeal.
The landscaping has been redone with new irrigation system, rock and new trees. New water meters. Plenty of parking in a huge lot with 8 spaces and additional street parking, also includes Handicap parking. Four designated storage units, one for each tenant. Concrete driveway, newer exterior paint, updated stucco. Some newer windows. Roof was replaced 8 yrs ago. Rents are month to month and tenants are solid. In this market cap rate could reflect up to 7%.
These nice, clean units have 2 bedrooms & 1 bath. Tile and vinyl flooring. Interior paint is very clean. Each unit has GE appliances, and window blinds. DRIVE BY ONLY! PLEASE DO NOT DISTURB THE TENANTS!
Location
State AZ
County Pinal
Community Phoenix Butte Apartments
Zoning 4 plex
Direction Hwy 79 South to E Butte Ave, turn right on Butte, turn right on Phoenix St, the 4-plex is on the corner on the right side of street.
Interior
Heating Electric
Cooling Central A/C, Electric, See Remarks
Appliance FS OvenRange, Refrigerator, WD Hookup, WasherDryer
Exterior
Parking Features Assigned
Community Features No Pool
Amenities Available Other
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Sewer-In & Connected, Public Sewer
Water Individual Meter
New Construction No
Schools
Elementary Schools Florence K-8
Middle Schools Florence High School
High Schools Florence High School
School District Florence Unified School District
Others
Senior Community No
Tax ID 200-50-075
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Keller Williams Arizona Realty
GET MORE INFORMATION
Partner | Lic# SA575824000