$525,000
For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/06/2021
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Wormsers Addition Block 4
MLS Listing ID 6197651
Sold Date 04/06/21
Year Built 1985
Annual Tax Amount $888
Tax Year 2020
Lot Dimensions 59 x 135
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Professionally managed, renovated 4-plex that is 100% occupied at $4,000 per month gross or $48,000 per year at a 7.77% CAP. All units are 2 bedroom 1 bath with large courtyards. Individually metered for electric with tenants paying for electricity while the owner pays water, sewer, and trash. New roof, R-38 insulation, new dual pane windows, new exterior paint, and new AC has been installed. Each unit features stainless steel appliances, new interior doors, fresh interior paint, new shaker cabinets, and new Quartz counters.
Location
State AZ
County Maricopa
Community Wormsers Addition Block 4
Zoning R-5
Direction From I-10 and 35th Avenue South on 35th Avenue, East on Washington, South on 33rd Avenue, East on Madison to property.
Interior
Heating Individual, Central, 2 or More Units, Electric
Cooling 2 or More Units, Central A/C, Individual, Electric
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
Elementary Schools William R Sullivan Elementary School
Middle Schools William R Sullivan Elementary School
High Schools Carl Hayden High School
Others
Senior Community No
Tax ID 109-40-100-K
Acceptable Financing No Carry, Conventional, 1031 Exchange
Disclosures None
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 2025 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! ?