$1,085,000
$1,065,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/18/2022
Key Details
Sold Price $1,085,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Rose Lane Terrace
MLS Listing ID 6349297
Sold Date 03/18/22
Maintenance Fees $1,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $2,308
Tax Year 2021
Lot Dimensions 85ft, 128ft
Property Description
This renovated 100% occupied triplex is excellently located in the Uptown submarket off of 14th St and Rose Ln. This property just underwent an extensive renovation and has been completely remodeled from the interiors of all the units, to the plumbing and electrical infrastructure as well as all exteriors. The property is individually metered for gas and electric and the landlord pays for water. These apartments sit on a 10,827 Sf lot and consist of one, 1/1 (approx. 612 SF) unit and two 2/1, (approx. 900 SF) units. The 1/1 unit has a rent of $1,500 while the 2/1 units have a rent of $2,000 & $1,700. A future owner will have the opportunity to raise the $1,700 rent to $2,000+ when the tenant renews on December 31st, 2022.
Location
State AZ
County Maricopa
Community Rose Lane Terrace
Zoning R-3
Direction When on Rose Lane turn north onto 14th St, The Triplex is the third building on the right
Interior
Heating Electric
Cooling Individual
Appliance Refrigerator, WD Hookup, Microwave
Exterior
Garage Common
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Common
Total Parking Spaces 5
Building
Sewer Public Sewer
Water Master Meter
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 161-09-055
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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