$1,290,000
$1,290,000
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SOLD DATE : 11/29/2023
Key Details
Sold Price $1,290,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Greenfield Acres Tract 2
MLS Listing ID 6579638
Sold Date 11/29/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1925
Annual Tax Amount $1,027
Tax Year 2022
Lot Dimensions 85 x 282
Property Description
Fully operating short term rental with IMPRESSIVE numbers & great property manager. All furniture and finishes included. 4 separate buildings on 24,000 sf lot. Lot is 85 x 282, so based on rough calculations, and city confirms, between 8-9 units could be built pending approvals from city. Access from 2 streets Virginia Ave & Yale. Could split lot. So many options. Unique Opportunity. NO HOA. Main house 1342sf 3-bed/2-bath , Unit 2 540sf 2 bed/1 bath, Unit 3 & 4 507sf 1bed/1bath casitas. Each unit has a their own fenced in backyard. Property Manager 10% and does a great job. You are not just buying the real estate, you are buying a fully operating Airbnb. Check out the financials. Near 5 major hospital. Ideal location for Traveling Nurses. Could build more units
Location
State AZ
County Maricopa
Community Greenfield Acres Tract 2
Zoning R-3
Direction South on 16th, East on Yale
Interior
Flooring Ceramic Tile, Vinyl
Appliance FS OvenRange, Microwave, WasherDryer
Exterior
Garage Paved Parking, Assigned, >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 18
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-06-026
Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Bought with Jason Mitchell Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7878 N 16th St Ste 130, Phoenix, Arizona, 85020, United States