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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
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1986
Annual Tax Amount $1,507
Tax Year 2023
Lot Dimensions See tax assessor
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
Zoning C-1
Direction North to 111th, west on 111th to Tennessee.
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Ceramic Tile, Vinyl
Appliance F/S Oven/Range, Washer/Dryer
Exterior
Garage Free, Add'l Parking Avail
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 200-97-150
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Other
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Bought with Orion Investment Real Estate
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