$900,000
$950,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/08/2020
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision College Homes
MLS Listing ID 6049561
Sold Date 08/08/20
Maintenance Fees $3,078
Year Built 1953
Annual Tax Amount $1,362
Tax Year 2019
Lot Dimensions 15576
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. This property offers investors a potential upside bringing under market rental rates to current market stabilization.
All units were renovated in late 2017 and 2018.
New plumbing and electric, kitchens with quartz countertops, Flooring, appliances, sewer line, Tubs refinished,All doors replaced, maintenance free artificial turf, community laundry maintained by Wash Multifamily providing additional income.
Location
State AZ
County Maricopa
Community College Homes
Area Maricopa
Zoning M-H
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Vinyl
Appliance BI OvenRange
Exterior
Parking Features Common
Community Features No Pool
Roof Type See Remarks, Composition
Private Pool No
Building
Sewer Other (See Remarks)
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 110-27-021
Acceptable Financing No Carry
Disclosures Other (See Remarks)
Listing Terms No Carry
Financing Cash
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