$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
Roof Type See Remarks, Built-Up, Foam, Rolled/Hot Mop
Total Parking Spaces 16
Building
Sewer Public Sewer
Water City Franchise
New Construction No
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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