$1,200,000
$1,375,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/17/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6673303
Sold Date 06/17/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2024
Annual Tax Amount $453
Tax Year 2023
Lot Dimensions 82x150
Property Description
Welcome to Westgate Estates! Brand new construction apartment community, just minutes from Westgate Entertainment District! This community is comprised of two adjacent four-plexes, each residing on its own parcel, allowing for conventional residential financing. All units are individually metered for electricity with tenants responsible for a split water/sewer charge. Landlord pays absolutely no utilities, allowing for a truly net monthly income. Each apartment is 960 sqft with two bedrooms, two baths and laundry. No expense was spared in the construction of these units from the foam insulation to the tile roofs to the fire sprinkler system. Area is exploding with new development as new projects are readily breaking ground on this street. This is truly a turnkey investment!
Location
State AZ
County Maricopa
Zoning MultiFam
Interior
Heating Heat Pump, Electric
Cooling Central A/C, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile
Appliance Microwave, Washer/Dryer
Exterior
Garage Paved Parking, Free, 1 Space/Unit
Community Features No Pool
Waterfront No
Roof Type Composition,Tile
Parking Type Paved Parking, Free, 1 Space/Unit
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 142-27-326
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Coldwell Banker Realty
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