$400,000
$414,900
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1228 E VIRGINIA Avenue Phoenix, AZ 85006
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision South Country Club Manor
MLS Listing ID 6112844
Sold Date 09/17/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $704
Tax Year 2019
Lot Dimensions 62.44' x 119.34'
Property Description
Back from sold. Both units rented by long time tenants. Ignore Cap Rate. Same owner for 20 years. Clean duplex with two 2-bedroom units, each with own 1 car garage. Rents are $200-$250/mo. under market value, owner didn't care. Also includes 20x30 brick storage building currently leased for $250/mo., could be $500/mo or possibly converted to another unit. Priced to sell quickly.
Location
State AZ
County Maricopa
Community South Country Club Manor
Zoning Multifamily
Direction South on 12th St. to Virginia. East to property.
Interior
Heating Individual, Central, Electric, Natural Gas
Cooling Central A/C, Individual
Appliance FS OvenRange, Refrigerator, WasherDryer
Exterior
Garage Free
Community Features No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction Yes
Schools
Elementary Schools Phoenix Prep Academy
Middle Schools Phoenix Prep Academy
High Schools Phoenix Prep Academy
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-21-119
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing Other
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Bought with Venture REI, LLC