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Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Greenway Manor
MLS Listing ID 6623278
Sold Date 02/21/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $1,341
Tax Year 2023
Lot Dimensions 86.5 x 67.5
Property Description
Don't miss this opportunity!! Value add 4plex in North Central Phoenix! Tenants are month to month! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: One - 3 bed / 3 bath, Two 2 bed / 2 bath units and one 1 bed / 1 bath. The residents love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. *Update-HOA just installed submeters for water/sewer billing direct to tenants!! Painting all walls and buildings is underway!!
Location
State AZ
County Maricopa
Community Greenway Manor
Zoning Multi Family
Direction West on Greenway from Hwy 51, North (right) on 29th St to Palomino Pointe on the left. Enter through main gate & right on 28th St. followed by another right to Monte Cristo. Building 11 on the left
Interior
Heating Individual, Heat Pump, Electric
Cooling Individual, Heat Pump, Electric, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile
Appliance F/S Oven/Range, W/D Hookup
Exterior
Parking Features Common
Community Features Barbecue, Play Area, Clubhouse, Pool
Roof Type Rolled/Hot Mop
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Palomino Primary School
Middle Schools Greenway Middle School
High Schools Greenway High School
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 214-39-039
Acceptable Financing No Carry, Conventional, FHA, VA Loan
Listing Terms No Carry, Conventional, FHA, VA Loan
Financing VA
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Bought with Realty ONE Group