$224,900
$224,900
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SOLD DATE : 12/12/2019
Key Details
Sold Price $224,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5958852
Sold Date 12/12/19
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1935
Annual Tax Amount $633
Tax Year 2018
Lot Dimensions 90 x 170
Property Description
Located directly across the street from Historic Downtown Glendale with shops, restaurants, and transportation. These units have capital improvements that include new roofs, fresh paint, new dual pane, energy efficient windows, new HVAC, and heat pumps. This property consists of a front duplex, and small 2 bedroom house with a carport in the rear. Rents currently total $2,275 per month. Unit 1 is a 2 bedroom on a month to month lease at $900, and Unit 2 is a 1 bedroom on a 1 year lease at $850. Unit 3 is a 2 bedroom home that is on a month to month lease at $525. There is still room for a value add as well by renovating Unit 3, increasing rents, and/or sub-metering the electric. DO NOT DISTURB TENANTS.
Location
State AZ
County Maricopa
Zoning C-2
Direction From I-101 and Glendale Avenue, East on Glendale, North on 59th Avenue, West on Palmaire to property.
Interior
Heating Individual, Central, Heat Pump, 2 or More Units, Natural Gas
Cooling 2 or More Units, Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
Appliance FS OvenRange, Refrigerator, WasherDryer
Exterior
Community Features No Pool
Roof Type See Remarks, Composition
Total Parking Spaces 3
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
Elementary Schools Glendale Landmark Middle School
Middle Schools Glendale Landmark Middle School
High Schools Glendale High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 143-44-064
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
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