$1,000,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/15/2021
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Globa
MLS Listing ID 6064274
Sold Date 03/15/21
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1972
Annual Tax Amount $2,305
Tax Year 2019
Lot Dimensions 146ft x 142ft
Property Description
Awesome upside investment opportunity!!! 10 total units @ $110k per door. Three units have been recently updated and rents increased to be more reflective of market value. There are nine 1/1 units. Eight of the tenants are month to month. Rents range from $600 to $900 monthly. The 2 bed unit is rented at $1,300 monthly. All units are block construction with newer metal roofs. There is plenty of parking for everyone and as a bonus there is a garage/workshop. Units are not individually metered and the owner pays the utilities. The units are conveniently located right off of 7th St. Plenty of nearby shopping, close to schools, parks and hiking trails. Drive by only, do not disturb tenants. Inside access after accepted contract.
Location
State AZ
County Maricopa
Community Globa
Zoning multi family
Direction Two blocks west on Hatcher S/W Corner Hatcher and 6th St
Interior
Heating Electric, Natural Gas
Cooling Electric, Wall/Window Unit(s)
Flooring Stone, Concrete
Appliance FS OvenRange, Refrigerator
Exterior
Garage Free, Paved Parking
Community Features Other, See Remarks
Waterfront No
Roof Type See Remarks, Metal
Parking Type Free, Paved Parking
Total Parking Spaces 20
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Desert View Elementary School
Middle Schools Royal Palm Middle School
High Schools Sunnyslope High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-46-051
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Carryback
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