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Key Details
Sold Price $360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Waltmore
MLS Listing ID 6755715
Sold Date 12/11/24
Maintenance Fees $1,280
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1958
Annual Tax Amount $558
Tax Year 2014
Lot Dimensions irr
Property Description
ET''S BE CLEAR THIS IS A 2 UNIT Property and YOU MUST BUY THE FOURPLEX NEXT DOOR. See the listing at 9047 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures Fully Occupied: All 6 units leased, ensuring stable rental income.
9.12% Cap Rate: High-yield returns outperform industry standards.
Prime Location: Close to schools, parks, shopping centers, and public transit.
Tenant Amenities: Includes storage rooms and private backyards for select units.
Location
State AZ
County Maricopa
Community Waltmore
Zoning R-4
Direction North on 11 St and property is on the right side of the street
Interior
Heating See Remarks, Individual
Cooling Individual, Ceiling Fan(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range
Exterior
Parking Features Free, >1 Space Per Unit, Street Parking
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-35-112
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing Conventional
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Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Pak Home Realty
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Kodi Riddle
Associate Broker / Owner | License ID: BR514965000
Associate Broker / Owner License ID: BR514965000