$720,000
$749,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/29/2020
Key Details
Sold Price $720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Peila Homes
MLS Listing ID 6075868
Sold Date 05/29/20
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2006
Annual Tax Amount $2,271
Tax Year 2019
Lot Dimensions IRR
Property Description
8% CAP RATE! CASH FLOW! Its like having 4 single family homes. Walking distance to Large established well known companies and factories – work opportunities in area are endless! Property features two free standing duplexes (4 total units). Built in 2006, each unit 1200 SqFt w/own 2 car garage & fenced in yard. Three of the units are 4 bed 2 bath and 4th unit (was owner occupied) & redone by the owner with 3 bed (large Master) & 2 baths. All units feature tile throughout ground floor & bathrooms. The kitchens have all been upgraded & feature backsplash, fridge, dishwasher, microwave. All units have stackable washers/dryer. The grounds are well kept with plenty of space in common area. Owner has never had issue renting the units & keeping them full w/good quality tenants. Bring Us an Offer!
Location
State AZ
County Maricopa
Community Peila Homes
Zoning R-3
Direction North on 28th St from Broadway to Jones Ave. Turn left (west) and go one block to Southgate Ave. Turn left and follow Southgate south until it curves; the property is on the left.
Interior
Heating Individual, Central, Heat Pump, Electric
Cooling Central A/C, Individual, Electric, Ceiling Fan(s)
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WD Hookup, Microwave, WasherDryer
Exterior
Parking Features Assigned
Community Features Barbecue, No Pool
Roof Type Composition
Total Parking Spaces 19
Garage Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Individual Meter
New Construction No
Schools
Elementary Schools Roosevelt Elementary School
Middle Schools Percy L Julian School
High Schools South Mountain High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 122-20-110
Acceptable Financing Conventional, 1031 Exchange, Owner May Carry, Wraparound
Listing Terms Conventional, 1031 Exchange, Owner May Carry, Wraparound
Financing Other
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