$468,500
$499,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/30/2020
Key Details
Sold Price $468,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Stacy Tract
MLS Listing ID 6083129
Sold Date 09/30/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $770
Tax Year 2019
Lot Dimensions 134.88 x 50.32 x 134.88 x 49.50
Property Description
What a bargain in the heart of the desirable Midtown Phoenix! Check out this Fantastic Hot Investment Opportunity, Cash flowing Duplex! Currently used as an Airbnb; The furniture is also included in the sale (call for info)! You can also rent one and live in the other. Can be converted into an even large or custom home. Has 2 kitchens, seperate entrance/exits. 4/2 bath total. Qualifies for both FHA and Conventional financing. Long term renters are an excellent option as well. Single level and NO HOA! LOW taxes, only $770 annual! Lots of opportunities here! Current owners have averaged $4,000-5,000 a month in income from these units! Inviting curb appeal makes you feel right at home with lush green picturesque landscaping. These are block construction 2 bedroom 1 bathroom units with private yards, their own appliances, washer and dryer included, and each unit has a covered parking spot, storage units, and separate electric meters. Unit B has an additional room that can be used as an office, den, or 3rd bedroom! Newer exterior and interior paint gives these units a bright airy feel. Unit A is approx. 750 sq ft and remodeled completely in the interior in 2019 with newer wood porcelain tile floors, modern concrete countertops, 2 toned accented cabinets, gold brushed faucet with matching hardware, white subway tile backsplash, new fixtures/fans/lighting, and moveable kitchen island. Stainless steel appliances in each unit that are PREMIUM cost near $8,000 (for both) including; stove, refrigerator, and microwave. Sliding arcadia door opens up to the private backyard perfect for enjoying the cool morning air and sounds of birds. Upgraded modern fixtures and ceiling fans throughout. Bathroom has been upgraded with a new vanity and hardware. Unit B is approx. 900 sq ft offers a private 2 bed 1 bath with lots of space, upgraded in 2015 interior and in 2019 new carpets in the bedroom and new paint interior. Vaulted ceilings and block accent walls give a nice modern touch. Kitchen equipped with stainless steel appliances including; stove, refrigerator, dishwasher, and microwave. Granite countertops and distressed wood cabinets and hardware. Tile in the main living areas and plush carpet in the bedrooms. Bonus room offers flexible options. Both units have blinds, window screens, and dual pane windows. Exterior newly repainted in 2019. Private paver patios, 2 carport spaces in the rear for parking, private storage, and a huge additional yard with low maintenance desert landscaping for privacy and enjoyment! New Hot water heater in one of the units! There is an abundance of shopping, boutique restaurants and fine dining, theatre venues, and nightlife opportunities abound Midtown Phoenix. Very close to downtown Phoenix! There are also retail destinations such as the Camelback Colonnade and Biltmore Fashion Park situated within close proximity. These units are minutes to Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital Medical Center, VA Hospital, Phoenix College, gas stations, easy access to Metro light rail, Sprouts Farmers Market, Starbucks, Safeway, Jamba Juice, Jersey Mike's, Orange Theory Fitness, the popular & swanky Clarendon Hotel, Heard Museum, Phoenix Art Museum, Phoenix Country Club/ 18 Hole Golf Courses and the largest oasis park in Arizona, Encanto Park! The BILLION dollar residential/commercial development called Central Park is being built about 5 minutes away! North High School and St. Mary's Catholic High school nearby. Minutes drive to Downtown Phoenix, Sky Harbor International Airport, and 51, I-10, 202 loop Freeway access. There are plenty of recreational activities at the local parks, as well as the sprawling Phoenix Mountains Preserve just a short drive away. What more can you ask for? Don't miss out, Call for info today!
Location
State AZ
County Maricopa
Community Stacy Tract
Zoning R-3
Direction W Indian School Rd to right onto N 9th St. Turn left at the 2nd cross street onto E Fairmount Ave to right onto N 9th Pl to your new Home
Interior
Heating Central, Heat Pump
Cooling 2 or More Units, Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
Appliance Dishwasher, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Garage Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common
Community Features Barbecue, Play Area, General Store, No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Longview Elementary School
Middle Schools Osborn Middle School
High Schools Phoenix Union Bioscience High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 118-05-078
Acceptable Financing Conventional, 1031 Exchange, FHA
Listing Terms Conventional, 1031 Exchange, FHA
Financing Conventional
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