$517,000
$539,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/12/2026
Key Details
Sold Price $517,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Tengen Place Addition
MLS Listing ID 7004013
Sold Date 05/12/26
Year Built 1940
Annual Tax Amount $428
Tax Year 2024
Lot Dimensions 55 x136
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
Location
State AZ
County Maricopa
Community Tengen Place Addition
Area Maricopa
Zoning R3
Direction From AZ-51 and Northern West on Northern, North on 7th Street, West on Hatcher, North on 5th Street, West on Carol to property.
Interior
Heating Individual, Central, Heat Pump, 2 or More Units, Electric, Natural Gas
Cooling Central Air, Electric, Heat Pump, Individual, 2 or More Units
Flooring Ceramic Tile
Appliance Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Exterior
Parking Features Off Street, 1 Space/Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
Elementary Schools Sunnyslope Elementary School
Middle Schools Sunnyslope Elementary School
High Schools Sunnyslope High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-45-086
Acceptable Financing Conventional, 1031 Exchange
Disclosures Appraisal
Listing Terms Conventional, 1031 Exchange
Financing Other
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