$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
Garage Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Street Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Street Parking
Total Parking Spaces 5
Building
Sewer Other, Public Sewer
Water City Franchise, Master Meter
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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