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Seller Finance with minimum $250K Down Payment & 6% Interest only payment 3 years balloon payment. 5-Plex has 5 Single story, garden style community located in the highly sought after 85016 area code. The property offers several potential options for investors. The Seller has previously been told that can be approved for 9 luxury townhomes or can be updated the existing units & add 4 more units. The Lot size is 25,579 and it is comprised of 4 X1 bed/1 bath units, and one 2 bed/1 bath unit + one storage building. All units have in suite laundry & under roof parking next to each unit. The 5plex offers a large greenbelt with several large shade trees. During the Seller's ownership property been kept in great condition.
Property Type(s):
Multi Family
Last Updated | 4/12/2024 | Tract | MORNINGSIDE ACRES |
---|---|---|---|
Year Built | 1950 | Community | MORNINGSIDE ACRES |
County | Maricopa |
Price History
Prior to Dec 19, '23 | $1,249,000 |
---|---|
Dec 19, '23 - Jan 2, '24 | $1,199,000 |
Jan 2, '24 - Jan 12, '24 | $1,198,900 |
Jan 12, '24 - Jan 16, '24 | $1,178,000 |
Jan 16, '24 - Jan 20, '24 | $1,200,000 |
Jan 20, '24 - Feb 5, '24 | $1,150,000 |
Feb 5, '24 - Feb 29, '24 | $1,250,000 |
Feb 29, '24 - Mar 5, '24 | $1,150,000 |
Mar 5, '24 - Apr 12, '24 | $1,100,000 |
Apr 12, '24 - Today | $1,250,000 |
Additional Details
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | None |
BUYER'S BROKERAGE COMPENSATION | 2.00 |
CONSTRUCTION | Block |
HEAT | Central |
LOT DIMENSIONS | 298.49 X 85.45 X 86.13 X 298.43(25,579 S |
PARKING | On Street, Common |
SEWER | Public Sewer |
SUBDIVISION | MORNINGSIDE ACRES |
TAXES | 1266 |
ZONING | R3 MULTI FAMILY |
Location
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Listed with Realty ONE Group
The ARMLS logo indicates a property listed by a real estate brokerage other than Joe Szabo RE/MAX Fine Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 5/4/24 7:28 PM PDT.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 5/4/24 7:28 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.