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Key Details
Sold Price $685,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain View Gardens 2 Lot 1-11
MLS Listing ID 6648469
Sold Date 01/26/24
Maintenance Fees $2,540
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1986
Annual Tax Amount $1,676
Tax Year 2023
Lot Dimensions See Tax Assessor
Property Description
Great investment opportunity with an impressive 8% Cap Rate! Each unit is a spacious 2bd/1ba approximately 780 SF Each. Each unit has their own in unit washer/dryer hook ups and private balcony or patio. One unit has been completely remodeled with new kitchen cabinets, flooring/baseboards, windows, & interior/exterior doors. All AC units were serviced this year. One unit is vacant. Adjacent fourplex is also available at 11350 W Tennessee Ave Apt. 5.
Location
State AZ
County Maricopa
Community Mountain View Gardens 2 Lot 1-11
Zoning C-1
Direction North to 111th, west on 111th to Tennessee.
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliance FS OvenRange
Exterior
Garage Free, Add'l Parking Avail, <1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Peoria Unified School District
Others
Senior Community No
Tax ID 200-97-148
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Conventional
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Bought with eXp Realty
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