$1,400,000
$1,400,000
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SOLD DATE : 09/15/2021
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Skycrest 2
MLS Listing ID 6271329
Sold Date 09/15/21
Maintenance Fees $4,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1961
Annual Tax Amount $3,076
Tax Year 2020
Lot Dimensions 4 parcels
Property Description
Welcome to Eight at Skycrest. Super rare all large two bedroom two bath units! Nice central Phoenix location close to the I17 freeway. This property is a portfolio of duplex's. 10044A 10044B 10033A 10033B all separately parceled and can residential financing or commercial but must be sold together. $350,000 per building for the total price of portfolio of $1,400,000.
Roofs and Central air conditioners were replaced in 2017. property has been remodeled inside all units about 8 to 10 years ago. Market rents are 1200 to 1300. Current leases only 800 with two units discounted to 625 each for onsite manager and landscaper. Owner managed. Leased laundry onsite. Covered parking. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of the sale. Viewing during inspection only no walk throughs. Once rents raised property will preform over 6. cap on proforma
Location
State AZ
County Maricopa
Community Skycrest 2
Zoning R3
Interior
Flooring Ceramic Tile
Exterior
Garage 1 Space/Unit
Waterfront No
Roof Type Composition
Parking Type 1 Space/Unit
Total Parking Spaces 16
Building
Sewer Public Sewer
Water Master Meter
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 158-38-001
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Conventional
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