$375,000
$395,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1229 S 13th Avenue Phoenix, AZ 85007
Key Details
Sold Price $375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ward Tract
MLS Listing ID 6241063
Sold Date 09/07/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2018
Annual Tax Amount $997
Tax Year 2020
Lot Dimensions 50 x 135
Property Description
Professionally managed triplex built in 2018. At 100% occupancy, these Downtown Phoenix units rented within a week with a waiting list. There are three 1 bedroom 1 bath units all with large front porches. Gross rent is $3,000 per month or $36,000 per year. The 3 buildings are individually metered for electric. All units enjoy vaulted ceilings, laminate wood flooring, dual pane windows, ceiling fans, shaker cabinets, rear storage rooms, mini-split heating and cooling, and there are multiple above ground garden beds for the community to use.
Location
State AZ
County Maricopa
Community Ward Tract
Zoning R-3
Direction From I-17 and 7th Avenue North on 7th Avenue, West on Buckeye, South on 13th Avenue to property.
Interior
Heating Individual, 2 or More Units, Electric
Cooling 2 or More Units, Individual, Electric, Ceiling Fan(s)
Appliance Refrigerator, Microwave
Exterior
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
Elementary Schools Mary Mcleod Bethune School
Middle Schools Mary Mcleod Bethune School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 105-02-228
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Tru Realty