$2,850,000
$2,850,000
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SOLD DATE : 12/12/2023
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain Springs Terrace Condominium
MLS Listing ID 6639720
Sold Date 12/12/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $229
Tax Year 2023
Lot Dimensions Unknown
Property Description
Welcome to a prime investment opportunity in the heart of Phoenix! This meticulously maintained property consists of 15 units, offering a lucrative cash flow for savvy investors. Nestled in a sought-after neighborhood, the location provides easy access to major amenities, schools, and entertainment. Each unit is equipped with modern amenities, ensuring tenant satisfaction and retention. With a proven track record of consistent rental income, this turnkey investment is an ideal addition to any portfolio. Take advantage of Phoenix's thriving real estate market and secure your financial future with this cash-flowing gem. Whether you're a seasoned investor or entering the market for the first time, don't miss out on this golden opportunity in the dynamic landscape of Phoenix real estate!
Location
State AZ
County Maricopa
Community Mountain Springs Terrace Condominium
Zoning MF
Interior
Heating Electric
Cooling Central A/C, Ceiling Fan(s)
Flooring Vinyl
Appliance BI Oven/Range, Microwave
Exterior
Garage Assigned, Street Parking, Common
Community Features Other, Pool
Waterfront No
Roof Type Foam
Total Parking Spaces 15
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 214-07-038
Acceptable Financing Other (See Remarks), 1031 Exchange, Lease Option
Listing Terms Other (See Remarks), 1031 Exchange, Lease Option
Financing Carryback
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