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4301 S 7TH Avenue Phoenix, AZ 85041
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Key Details
Sold Price $1,395,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6711280
Sold Date 06/14/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1941
Annual Tax Amount $1,386
Tax Year 2023
Lot Dimensions irr
Property Description
This is a Value Add 12 unit with partial occupancy. With 8 units stable and 4 to renovate-this is a gold mine at $116,500 per door.
NO ASSIGNMENT CONTRACT AND NO SELLER CARRY. $25,000 Earnest Money and short Due diligence with a 10 day closing.
Buyer to verify all facts and figures. See Due Diligence for all information that is available. The Property
This is an absolute AS-IS sale along with cash only or hard money.
Close of Escrow will be within 15 days.
See the document tab for more Information
Once you have reviewed this information-let me know if you want to move to the next level.
UNIT MIX
2×1
1×1
1×1
2×1
2×1
1×1
1×1
2×1
1×1
1×1
Studio
Studio 1×1
PROPERTY FACTS
No. Units 12 Building Size 7,250 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype Apartment No. Stories 2
Apartment Style Garden Year Built/Renovated 1941/2022
Building Class C Parking Ratio 2.48/1,000 SF
Lot Size 0.63 AC
UNIT AMENITIES
Air Conditioning
Dishwasher
Ceiling Fans
Refrigerator
Oven
UNIT MIX INFORMATION
PROPERTY TAXES
Parcel Number 113-05-043B Improvements Assessment $589,100
Land Assessment $147,200 Total Assessment $736,300
ZONING
Zoning Code R-3, City of Phoenix
Location
State AZ
County Maricopa
Zoning R-3
Interior
Heating Individual, Heat Pump
Cooling Individual, Heat Pump, Ceiling Fan(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range, Washer/Dryer, W/D Hookup
Exterior
Parking Features Other (See Remarks), Free, >1 Space Per Unit
Community Features See Remarks, No Pool
Roof Type Composition
Total Parking Spaces 16
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 113-05-043-B
Acceptable Financing Other (See Remarks), No Carry
Listing Terms Other (See Remarks), No Carry
Financing Other
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