$807,500
$850,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
740 E ALTA VISTA Road Phoenix, AZ 85042
Key Details
Sold Price $807,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6099551
Sold Date 11/11/20
Maintenance Fees $3,000
Year Built 1968
Annual Tax Amount $1,318
Tax Year 2019
Lot Dimensions 113x398
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Alta Vista provides an investor the opportunity to own 6 casita type rental units that provide a single-family feel. All units have their own fenced front and back yards. This property also allows the new owner the opportunity to add value on the current units as well as the option to develop more units on the property. The property is currently 100% occupied and the rents were in place prior to the extensive exterior upgrades completed, allowing new ownership to push rents at lease renewal. The current owner had plans created to add four additional units on the north side of the property. Within the last 3 months the following exterior improvements were completed: modern wood panel fencing, fresh white exterior
paint, repaired/resealed roofs, artificial turf, and fresh asphalt.
Location
State AZ
County Maricopa
Zoning R-3
Direction GPS
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Ceramic Tile
Appliance Other (See Remarks)
Exterior
Parking Features Other (See Remarks)
Community Features No Pool
Roof Type Composition
Total Parking Spaces 12
Building
Sewer Public Sewer
Water See Remarks
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 114-26-048
Acceptable Financing No Carry
Listing Terms No Carry
Financing Cash
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Bought with Non-MLS Office