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1626 W GARFIELD Street Phoenix, AZ 85007
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Key Details
Sold Price $515,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Las Flores
MLS Listing ID 6332720
Sold Date 12/09/22
Maintenance Fees $500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1947
Annual Tax Amount $862
Tax Year 2021
Lot Dimensions IRR
Property Description
HUGE REDUCTION TO BELOW MARKET. PRICED TO SELL! Investment opportunity with tons of flexibility and upside. Professionally managed, CASH-FLOWING fourplex in a downtown location with great access. Two 2BR/1BA and two studio/1BA. 2 units have just had turn work completed. Newer AC. Lots of flexibility -- move in with low down payment FHA loan or turn key lease. Shared onsite laundry with newer washer and dryer. All units are separately metered and NO HOA. Low-maintenance desert landscaping with plenty of parking in front and in back. Space for toys/trailers/etc. Rents are below market with room to raise! TENANT RIGHTS, PLEASE DRIVE BY ONLY - SHOWINGS ONLY AFTER ACCEPTED OFFER. **Vacant units are being marketed for lease. Act now for maximum flexibility**
Location
State AZ
County Maricopa
Community Las Flores
Zoning R5
Direction North on 15th then West on Garfield. Property will be on right.
Interior
Heating Heat Pump
Cooling Central A/C, Ceiling Fan(s)
Flooring Ceramic Tile
Appliance F/S Oven/Range, W/D Hookup
Exterior
Parking Features Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Pima Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-25-060
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
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