Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6989965
Maintenance Fees $25,485
Year Built 1967
Annual Tax Amount $11,078
Tax Year 2025
Lot Dimensions 0.78
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Completed in 1967, The Vue at 1501 is comprised of 8 one-bedroom (31%) and 18 two-bedroom townhome (69%) floorplans, offering an average of ±823 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers. In addition, the roof and pool have been recently updated leaving additional upside of enhancing the curb appeal through common area capital expenditures such as exterior paint and landscaping. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's extremely rare majority-townhome mix in a rapidly-transforming, centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors. With $2,308 average on-market rent for townhomes within a one-mile radius of the property, new ownership will have a clear competitive advantage to push market rent while remaining the lower cost option amongst competitive units in the submarket.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-3
Interior
Heating Individual
Cooling Individual
Flooring Vinyl
Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Exterior
Parking Features >1 Space Per Unit
Community Features Pool
Roof Type Foam
Private Pool Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 156-29-025
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
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