UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Roselawn Heights Lots 9-12
MLS Listing ID 6869774
Maintenance Fees $3,776
Year Built 1947
Annual Tax Amount $1,177
Tax Year 2024
Lot Dimensions 69 Ft X 304 Ft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The asset is situated on a large 20,473-square-foot lot, with the current building footprint utilizing only a small portion, providing significant opportunity for future redevelopment or the addition of additional units.
The existing income stream generates immediate cash flow, ensuring a strong return from day one. The current ownership has established a strong model for the remaining units, further enhancing the property's revenue.
Location
State AZ
County Maricopa
Community Roselawn Heights Lots 9-12
Interior
Heating Electric
Cooling Window/Wall Unit
Flooring Ceramic Tile
Appliance Built-In Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Paved, >1 Space Per Unit
Community Features Other, See Remarks
Roof Type Rolled/Hot Mop
Total Parking Spaces 10
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools William T Machan Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-15-082
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
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Timothy Klimek
Broker Associate | License ID: BR572457000
Broker Associate License ID: BR572457000