$1,600,000
$1,700,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
5,624 SqFt
SOLD DATE : 12/06/2021
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,624 sqft
Price per Sqft $284
MLS Listing ID 22118541
Sold Date 12/06/21
Year Built 1961
Annual Tax Amount $2,767
Tax Year 2021
Lot Size 0.418 Acres
Acres 0.42
Property Sub-Type Apartment
Property Description
Excellent investment opportunity located in the highly sought after area of Central Phoenix. This sale includes two building: 4625 & 4631 N 12th Ave. Both are separately parceled. APN#s 155-43-186A & 155-43-187A. Well maintained and been updated with major renovations this year. See document tab for list of all capital improvements done. One Large 3BR & 2BA unit and five 2BR & 2BA units. All units have private storage rooms & there is a 2 car garage for additional revenue. All 2BR rents are currently below market at $1100-$1165. 2 BR Market rents are $1,250-$1350 Buyer to verify all facts and figures.
Location
State AZ
County Maricopa
Area Maricopa
Zoning Other - CALL
Interior
Heating Heat Pump
Cooling Ceiling Fan(s), Heat Pump
Exterior
Parking Features Free, Parking Structure
Garage Spaces 8.0
Fence Wood
Roof Type Shingle
Accessibility None
Road Frontage Chip/Seal
Building
Lot Description Adjacent to Alley, East/West Exposure
Sewer Connected
Water City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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