$585,000
$625,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/30/2024
Key Details
Sold Price $585,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Avalon
MLS Listing ID 6682593
Sold Date 09/30/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1960
Annual Tax Amount $1,365
Tax Year 2023
Lot Dimensions unknown
Property Description
Unlock the potential of this remarkable affordable rental property, A rare investment opportunity nestled in a thriving community. With its strategic location and promising rental income, this property presents a compelling proposition for savvy investors seeking long term growth. Offering affordable housing solutions to those in need, it stands as a beacon of opportunity and social impact. Featuring a solid structure and stable tenant base., this property ensures a steady stream of revenue with minimal management hassle. Invest in the future while making a meaningful difference in the lives of others with this exceptional income-generating asset. Current rents are way below market. the 2 bedroom should be $1200+ and the 1 bedrooms should all be $925
Location
State AZ
County Maricopa
Community Avalon
Zoning Multi
Direction North on 24th St to Harvard west to property
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Vinyl
Appliance None
Exterior
Garage Common
Community Features No Pool
Waterfront No
Roof Type Built-Up
Total Parking Spaces 7
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
Elementary Schools Creighton Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-08-024
Acceptable Financing Conventional, VA Loan
Listing Terms Conventional, VA Loan
Financing Cash
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7878 N 16th St Ste 130, Phoenix, Arizona, 85020, United States