$695,000
$695,000
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SOLD DATE : 04/19/2024
Key Details
Sold Price $695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Glenfair Garden Courts
MLS Listing ID 6675409
Sold Date 04/19/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,581
Tax Year 2023
Lot Dimensions 0.28 acres/12149 sf
Property Description
This well-maintained 4-plex is a great investment opportunity! This property offers a value-add component but units are clean as-is and rented at or near market rents. The unit mix features (4) large two-bed / one-bath units, each at 900 square feet. On-site laundry and on-site parking is available for the tenants. This property is fully occupied with two tenants on month-to-month leases and two tenants on annual leases. Individually metered for electric. Advantageous opportunity for FHA, conventional, exchange, or cash buyers. Conveniently located near downtown Glendale and Grand Ave / Highway 60.
Location
State AZ
County Maricopa
Community Glenfair Garden Courts
Zoning Multi-Family
Interior
Heating Individual, Electric, Natural Gas
Cooling Heat Pump, Ceiling Fan(s)
Flooring Carpet, Vinyl
Appliance BI Oven/Range
Exterior
Parking Features Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Street Parking
Community Features No Pool
Roof Type Composition
Total Parking Spaces 5
Building
Sewer Other, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
High Schools Alhambra High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 144-19-022-A
Acceptable Financing Other (See Remarks), Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Other (See Remarks), Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Gile Commercial Real Estate
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Lic# BR528459000