$465,000
$489,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/17/2020
Key Details
Sold Price $465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Indian Park
MLS Listing ID 6112201
Sold Date 09/17/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $991
Tax Year 2019
Lot Dimensions 6720
Property Description
Wonderfully remodeled duplex in one of the hottest area's of Phoenix. Just blocks from the Melrose neighborhood, this multi-family rental property spared no expense in its recent remodel. This property cash flows well at over a 6% CAP rate and will only create larger profits as this part of town continues to excel. The 3/2 has a solid lease in place at $1450 and the 2/1 is rented at $1295. Each unit has a washer and dryer and private yards. Tenants pay all utilities, as gas, electric and water are separately metered. Walk or bike to numerous restaurants and shopping, Steel Indian School park around the corner and even walk to the light rail. Great purchase for even your most particular investor! Drive by only. No interior showings until contract acceptance.
Location
State AZ
County Maricopa
Community Indian Park
Zoning R-4/m-h
Interior
Heating Electric
Cooling Central A/C
Flooring Wood
Appliance FS OvenRange, Refrigerator, WD Hookup, Microwave
Exterior
Parking Features Paved Parking
Community Features No Pool
Roof Type See Remarks, Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Individual Meter
New Construction No
Schools
Elementary Schools Clarendon School
Middle Schools Osborn Middle School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-32-023
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Conventional
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2212 E Williams Field Rd, Gilbert, Arizona, 85295, United States