$550,000
$550,000
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SOLD DATE : 04/03/2020
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kleck Tract
MLS Listing ID 6041921
Sold Date 04/03/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1979
Annual Tax Amount $1,549
Tax Year 2019
Lot Dimensions IRR
Property Description
Completely Remodeled 4-Plex with strong rents that wont disappoint you! Seller has spent over $100k in upgrades starting with all New HVAC units by City of Phoenix through the Energize program in 2012 spending $25k, then in 2013 City Of Phoenix Rental Rehabilitation Program spent $75K which included New Roof, New plumbing, New Electrical, New Kitchen cabinets, New Paint and New Flooring. Seller also installed a large RV gate that only tenants have access for additional parking. Great money maker. All units have signed leases with 2 tenants in the process of moving in the units in the next 2 weeks. Owner is currently collecting $3838 per month in rents and rent will increase to $3943 in June 2020. Great opportunity! Everything updated so nothing to do but sit back and collect rents!
Location
State AZ
County Maricopa
Community Kleck Tract
Zoning R4
Direction Go West on Roosevelt and Property is located on the South side of the Street.
Interior
Heating Electric
Cooling 2 or More Units, Central A/C, Electric
Appliance FS OvenRange, Refrigerator
Exterior
Garage Free, Paved Parking
Community Features No Pool
Waterfront No
Roof Type See Remarks, Composition
Parking Type Free, Paved Parking
Total Parking Spaces 8
Building
Sewer Sewer - Public
Water City Franchise, Master Meter
Schools
Elementary Schools Phoenix Prep Academy
Middle Schools Phoenix Union Bioscience High School
High Schools Phoenix Union Bioscience High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-19-129
Acceptable Financing New Financing Conventional5
Listing Terms New Financing Conventional5
Financing Conventional
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