$1,015,000
$1,097,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/28/2020
Key Details
Sold Price $1,015,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision New Northtown 2
MLS Listing ID 6038455
Sold Date 04/28/20
Maintenance Fees $1,100
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1972
Annual Tax Amount $3,814
Tax Year 2019
Lot Dimensions IRR
Property Description
This sale includes 8 units / Two 4 plexes on separate lots for easy residential financing. Additional property: 160-06-142-L (1111 E Butler Dr.) Located in Central Phoenix near the Phoenix Mountains Preserve, the I-51 freeway, and shopping, making it a trendy location with tenants and in the path of an ever-improving core. It is surrounded by mostly residential houses and beautiful scenery. Most of the units are very large (960 sf) 2 br. and 2 ba. units with lots of storage. Coin-op laundry for extra income. Easy care, low cost, desert landscaping. Lots of upgrades: newer kitchens, newer bathrooms, newer roofs, newer A/C units, fence, flooring +. 2 bonus landlord storage units. Many long term residents and LOTS of rent UPSIDE.
Location
State AZ
County Maricopa
Community New Northtown 2
Zoning Multi
Direction Go North to Butler Dr. then West to the property on the South side.
Interior
Heating Individual, Heat Pump, 2 or More Units, Electric, Natural Gas
Cooling 2 or More Units, Heat Pump, Ceiling Fan(s)
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Waterfront No
Roof Type See Remarks, Built-Up, Foam, Rolled/Hot Mop
Total Parking Spaces 16
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 160-06-142-K
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Other
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