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Key Details
Sold Price $320,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 5995484
Year Built 1962
Annual Tax Amount $1,135
Tax Year 2019
Property Description
Still affordable in downtown Phoenix! AIM is pleased to offer this downtown diamond in the rough. The astute value-add investor has plenty of upside here. Rents are $200-$300 below their potential. Unlock that upside with interior upgrades, new ACs, and a facelift. Residents enjoy the proximity to downtown and all it has to offer. Government offices are literally one block away. Within walking distance is the Grand Avenue arts district with its galleries, coffee houses, and restaurants. This central Phoenix location is hot, with renovation and redevelopment all around! 100% occupied, there are three 1-bed units and one 2-bed unit. Select units have washer/dryer hookups. The owner pays water/sewer/trash; tenants pay electric and gas. Residents enjoy a common courtyard area.
Location
State AZ
County Maricopa
Community Oakland
Zoning R-5
Interior
Heating Window/Wall Unit(s)
Cooling Evaporative Cooling, Window/Wall Unit
Flooring Ceramic Tile
Exterior
Parking Features Free, Add'l Parking Avail, On Street
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
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Bought with Tirone & Associates
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