$804,000
$815,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1420 E BROWN Street Phoenix, AZ 85020
Key Details
Sold Price $804,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mountain Home Tract Lots 1 Thru 4 15 16 25 Thru 32
MLS Listing ID 6474344
Sold Date 03/29/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $1,247
Tax Year 2022
Lot Dimensions 10747
Property Description
Are you looking for a 6.5% CAP rate? Ask today about current and projected rents for this 4Plex. These kind of properties are hard to find. Nestled between beautiful mountains on a quiet col de sac street, you will find 4 upgraded two bed one bath units. Each unit has been remodeled with tile throughout and new cabinets. The landscaping around the property is very low maintenance and there are two assigned parking spots per unit. Plenty of additional street parking as well. This location offers one of the most sought after high schools in Phoenix, Sunnyslope High. Many people move in to this district for the school alone. North Phoenix. There is one long term lease in place, one vacant unit and 2 expiring leases. Capitalize on this rare opportunity. Call now!
Location
State AZ
County Maricopa
Community Mountain Home Tract Lots 1 Thru 4 15 16 25 Thru 32
Zoning R-3
Interior
Flooring Ceramic Tile
Appliance FS OvenRange, WasherDryer
Exterior
Garage >1 Space Per Unit, Street Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type >1 Space Per Unit, Street Parking
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Sunridge Elementary School
High Schools Sunnyslope High School
Others
Senior Community No
Tax ID 159-29-007-C
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Cash
Read Less
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Bought with DeLex Realty