$1,768,000
$1,900,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/31/2024
Key Details
Sold Price $1,768,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision La Punta
MLS Listing ID 6761622
Sold Date 10/31/24
Maintenance Fees $3,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1981
Annual Tax Amount $4,018
Tax Year 2024
Lot Dimensions see Remarks
Property Description
This small complex is very appealing! The 2 triplexes built in 1981 are newer than most buildings in the area. The apartments are more spacious than many. The 1920's home is a 1 bedroom + den. There is also a studio cottage. Total square footage combined is 6388 and is well priced at $297.43 per sq. foot. Price per door is $237,500. There are 8 covered parking spaces & 3 uncovered spots. Each apartment has its own private rear yard & storage room with washer/dryer hook-ups. Grounds are peaceful and green. Tenants tend to stay. Roofs new in 2022. Well located adjacent to uptown and midtown, 921, 925 and 929 E. Weldon Ave. together make up this unique 8 unit complex which must be sold together. Residential financing may be available. 1031 exchange buyers welcome. Great upside potential!
Location
State AZ
County Maricopa
Community La Punta
Zoning Each parcel R-3
Direction From 7th Street, south of Indian School go east on Weldon. Located on the right just before the street goes to the left. The complex consists of 921, 925 & 929 E. Weldon Ave.
Interior
Heating Central, Electric
Cooling Central A/C, Electric
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Other (See Remarks), F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
Exterior
Garage Add'l Parking Avail, Attached, >1 Space Per Unit, Common
Community Features See Remarks
Waterfront No
Roof Type Composition,Rolled/Hot Mop
Parking Type Add'l Parking Avail, Attached, >1 Space Per Unit, Common
Total Parking Spaces 11
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
Elementary Schools Longfellow Elementary School
Middle Schools Osborn Middle School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 118-18-004-A
Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Financing Other
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