$495,000
$495,000
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SOLD DATE : 12/01/2021
Key Details
Sold Price $495,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bailie Sub
MLS Listing ID 6302076
Sold Date 12/01/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2004
Annual Tax Amount $1,242
Tax Year 2021
Lot Dimensions 0.262 acres / 11,434 sqft
Property Description
Check out this cash flowing four-plex! Are you looking for an investment property? You could live in one unit and rent the others or rent them all out. A great find of four 2-bedroom units in two separate buildings with more than adequate parking. One unit is month to month with a long term tenant and the other three units are leased until June 2022. New HVAC units, new electrical panels and a French drain have all been installed. Average rent in this complex could be raised to generate additional income. This is a great opportunity to get in to the rental market.
Location
State AZ
County Maricopa
Community Bailie Sub
Zoning R3
Direction West to 6th St; South to property
Interior
Heating Heat Pump
Cooling Central A/C, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile
Appliance F/S Oven/Range, W/D Hookup
Exterior
Garage Paved Parking, Free, >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 113-37-023-A
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Bought with West USA Realty