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Key Details
Sold Price $640,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain View Gardens 2 Lot 1-11
MLS Listing ID 6648500
Sold Date 04/05/24
Maintenance Fees $3,261
Year Built 1986
Annual Tax Amount $1,507
Tax Year 2023
Lot Dimensions See tax assessor
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Prime value-add opportunity features four 2-bedroom/1-bathroom units, each around 780 SF, all units have washer/dryer hook-ups and private balconies/patios. Three units on month-to-month leases below market rates, and one unit generating $1,400 per month. Clear potential to increase rents.
Location
State AZ
County Maricopa
Community Mountain View Gardens 2 Lot 1-11
Area Maricopa
Zoning C-1
Direction North to 111th, west on 111th to Tennessee.
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet
Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Parking Features Free, Add'l Parking Avail
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Peoria Unified School District
Others
Senior Community No
Tax ID 200-97-150
Ownership Fee Simple
Acceptable Financing No Carry, Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Other
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Bought with Orion Investment Real Estate
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