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Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Greenway Manor
MLS Listing ID 6386701
Sold Date 06/06/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $1,354
Tax Year 2021
Lot Dimensions 6782
Property Description
4 Plex in Prime Phoenix location, lots of room to increase rental income. 1/1 $715.00, 2/2 $869.00, 2/2 $714.00, 3/3 $1021.00. Landlord pays HOA (water, sewer, trash, common area maintenance), Tenants pay electric & cable. 1 assigned parking spot per unit, plus other parking throughout complex. In 2018, all 4 units had new countertops and flooring installed, then 3 out of the 4 units received new blinds, and new vanities. Unit 102 is 100% tile throughout, other 3 units have carpet and tile. January 2022 NEW rolled roof installed. AC units replaced approximately 5 years ago. Tenants on month to month, would like to sign new leases and stay at property. DND Tenants, Drive by ONLY.
Location
State AZ
County Maricopa
Community Greenway Manor
Zoning PAD-13
Direction Heading West on Greenway, go right (North) on 29th St. Palomino Point is on the West side of street. From main entrance gate, drive in, then, make a right, you'll see building 30 on your left side.
Interior
Heating Electric
Cooling 2 or More Units, Electric, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile
Appliance Dishwasher, Disposal, Refrigerator, WD Hookup, BI OvenRange
Exterior
Parking Features Assigned, 1 Space/Unit
Community Features Barbecue, Play Area, Pool
Roof Type Built-Up, Rolled/Hot Mop
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Individual Meter
New Construction No
Schools
Elementary Schools Palomino Intermediate School
Middle Schools Greenway Middle School
High Schools Paradise Valley High School
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 214-39-058
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Better Homes & Gardens Real Estate SJ Fowler