$550,000
$550,000
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SOLD DATE : 10/19/2020
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Citrus Acres Lots 21-60
MLS Listing ID 6103730
Sold Date 10/19/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1964
Annual Tax Amount $1,388
Tax Year 2019
Lot Dimensions unknown
Property Description
RARE INVESTMENT OPPORTUNITY IN ARCADIA AREA. Three total four-plexes are available for sale off 38th street, perfect value add opportunity. Multiple upsides to this investment, first to bring rents to market value, second remodel units. Close to shopping, bus routes, light rail and freeways. Surrounded by redevelopment in the ever growing Arcadia area. There are two 2 bedroom/1 bath units and two 1 bedroom/1 bath units per four-plex. Three of the units are currently occupied and have a laundry room on site.
Location
State AZ
County Maricopa
Community Citrus Acres Lots 21-60
Zoning R-4
Direction West on Thomas to 38th Street, North (right) to property address on right.
Interior
Heating Individual, Natural Gas
Cooling Central A/C, Individual
Appliance Dishwasher, Disposal, Refrigerator, Microwave, BI OvenRange
Exterior
Garage Paved Parking
Community Features No Pool
Waterfront No
Roof Type See Remarks, Foam
Parking Type Paved Parking
Total Parking Spaces 4
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
Schools
Elementary Schools Creighton Elementary School
Middle Schools Arcadia High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 127-21-008-A
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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