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Key Details
Sold Price $690,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Desert Cove Extension Lots 1-4, 13-20, 29-32
MLS Listing ID 6402340
Sold Date 07/06/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1971
Annual Tax Amount $1,370
Tax Year 2021
Lot Dimensions 84.94x149.38x82.03x148.56
Property Description
1538 W Peoria Ave is a garden-style apartment building built in 1971 that has been fully renovated with new vinyl-plank flooring throughout, all-new kitchen appliances, kitchen cabinets, in-suite washers & dryers, as well as updated bathrooms. It is currently fully occupied. The unit mix is (2) 1 bedroom / 1 bathroom & (2) 2 bedroom / 1 bathroom units. ~5.8% CAP rate on trailing 3 financials. Property is on a quiet street and has easy access to the I-17 Freeway. All Units are individually metered for Electricity. Property is fully occupied, drive by tours only until contract acceptance.
Location
State AZ
County Maricopa
Community Desert Cove Extension Lots 1-4, 13-20, 29-32
Zoning R-3A
Interior
Heating Individual
Cooling Individual
Flooring Vinyl
Appliance BI Oven/Range, Washer/Dryer
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type >1 Space Per Unit
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-14-041
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Financing Conventional
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