$685,000
$685,000
For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/26/2024
Key Details
Sold Price $685,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain View Gardens 2 Lot 1-11
MLS Listing ID 6648469
Sold Date 01/26/24
Maintenance Fees $2,540
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1986
Annual Tax Amount $1,676
Tax Year 2023
Lot Dimensions See Tax Assessor
Property Description
Great investment opportunity with an impressive 8% Cap Rate! Each unit is a spacious 2bd/1ba approximately 780 SF Each. Each unit has their own in unit washer/dryer hook ups and private balcony or patio. One unit has been completely remodeled with new kitchen cabinets, flooring/baseboards, windows, & interior/exterior doors. All AC units were serviced this year. One unit is vacant. Adjacent fourplex is also available at 11350 W Tennessee Ave Apt. 5.
Location
State AZ
County Maricopa
Community Mountain View Gardens 2 Lot 1-11
Zoning C-1
Direction North to 111th, west on 111th to Tennessee.
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliance FS OvenRange
Exterior
Garage Free, Add'l Parking Avail, <1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Peoria Unified School District
Others
Senior Community No
Tax ID 200-97-148
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with eXp Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "