$800,000
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SOLD DATE : 09/16/2024
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6681066
Sold Date 09/16/24
Maintenance Fees $2,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $1,530
Tax Year 2023
Lot Dimensions IRR
Property Description
Owner would prefer to sell with 517 S Hall St. Owner self managed. Owner has recently installed fencing giving each unit significant private space. This will make the units much more marketable in the future, and will shift the exterior maintenance for the private spaces from the obligation of the landlord to the obligation of the tenant. An ADA sidewalk from the front to the back was also installed. Rent was also increased to at least $1400 for all tenants except unit D. All tenants are month to month Except unit D, and all would like to stay. Opportunity to improve numbers and get economies of scale with upgrades and buying both units. both units.
Location
State AZ
County Maricopa
Zoning MULTI
Interior
Heating Heat Pump, Electric
Cooling Electric, Heat Pump, Individual
Flooring Concrete
Appliance BI Oven/Range
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 139-54-034
Acceptable Financing Conventional, FHA, Wraparound
Listing Terms Conventional, FHA, Wraparound
Financing Carryback
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14201 N Hayden Rd Ste C4, Scottsdale, AZ, 85260, United States