$1,120,000
$1,300,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/28/2023
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision East Evergreen Addn Blks 13 14 19 20
MLS Listing ID 6536537
Sold Date 06/28/23
Maintenance Fees $2,700
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1951
Annual Tax Amount $1,293
Tax Year 2022
Lot Dimensions unk
Property Description
Highly sought after Central Phoenix multifamily property consisting of 2 duplexes each with its own water line for a total of 3500 sqft on a 13,000 sqft lot with unobstructed views of the City Skyline, this property offers entry into one of the valley's top tier rental submarket. Each unit just over 800 sqft HVAC system approx 3 years old, upgrades to electrical, kitchens and baths, each unit comes with a 1 car garage. Within walking distance to Banner Medical Center and a bike ride away from ASU Downtown this property offers a multitude of opportunities, property has a mix use zoning and has the potential to be a development project. Six new midrise and high rise multi-family projects already under construction all within 2 miles of the property. The lot across the street at 340 E Willetta is under contract for over 900k, with plans to build a 25 unit complex.
Location
State AZ
County Maricopa
Community East Evergreen Addn Blks 13 14 19 20
Zoning mix use
Direction West to 5th street south to subject property
Interior
Heating Electric
Cooling Central A/C, Electric, Ceiling Fan(s)
Flooring Concrete
Appliance Refrigerator, WasherDryer
Exterior
Parking Features Paved Parking
Community Features No Pool
Roof Type Tile
Total Parking Spaces 6
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-37-051
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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