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Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Camelback Horizons
MLS Listing ID 6335202
Sold Date 02/08/22
Year Built 1959
Annual Tax Amount $3,190
Tax Year 2021
Lot Dimensions .026
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Amazing opportunity to own a Fourplex in one of the most desired neighborhoods in Arcadia. The home was fully upgraded in 2017 including electrical, marble bathrooms, kitchen, newer AC units within the last 2 years to name a few. Owners currently run a short term rental business out of the units and is open to transfer the management duties if the new owner wants to continue. Home is fully furnished. Current gross revenue 140k/year. Home is vacant and ready to maximize full LTR potential in Arcadia which ranges from $1500+ for 1/1 units and $2000+ for 2/2. 2/2 has private patio. One of the 1/1 has an Arizona room. Main courtyard has been professionally maintained by a landscaper. NO HOA. Drive by only. Previous buyer financing fell through.
Location
State AZ
County Maricopa
Community Camelback Horizons
Zoning R3
Direction Head north on 36th, right on glenrosa, corner lot at the end of the block.
Interior
Heating Heat Pump, Electric, Natural Gas
Cooling Central Air, Individual
Flooring Other
Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Parking Features Paved, >1 Space Per Unit, Carport
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Creighton Elementary School
Middle Schools Creighton Elementary School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 170-31-034
Acceptable Financing CTL, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms CTL, Conventional, 1031 Exchange, FHA, VA Loan
Financing Other
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Bought with Jason Mitchell Real Estate