$566,000
$575,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/19/2024
Key Details
Sold Price $566,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Desert Cove
MLS Listing ID 6641995
Sold Date 03/19/24
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $946
Tax Year 2023
Lot Dimensions 47422
Property Description
Completely renovated 3 unit complex nestled in the heart of Phoenix, AZ. Very low vacancy. Interiors of all 3 units have been completely, with possible value add with improvements to the exterior. There are two 2 bed 1 bath units and one 1 bed 1 bath unit. Each unit has their own private backyard. conveniently located near parks, schools, and shopping centers, providing both tranquility and accessibility, with mountain views! Current rents are 2/1 - $1,173.00. 1/1 - $1,032.00 (rent increasing to $1,300 1/1/2024, this unit is subsidized by section 8. currently section 8 pays $717 and tenant pays $315.00) Seller currently resides in one of the 2/1, but rent could be $1,600.
Location
State AZ
County Maricopa
Community Desert Cove
Zoning R3
Direction North on 19th avenue from Peoria Ave, Turn East onto Desert Cove, complex is on your right.
Interior
Heating Window/Wall Unit(s), Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range, Washer/Dryer
Exterior
Garage <1 Space Per Unit, Street Parking
Community Features No Pool
Waterfront No
Roof Type Built-Up
Parking Type <1 Space Per Unit, Street Parking
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Master Meter
Schools
Elementary Schools Alta Vista Elementary School
High Schools Sunnyslope High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-13-017-D
Acceptable Financing Conventional, 1031 Exchange, FHA
Listing Terms Conventional, 1031 Exchange, FHA
Financing FHA
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