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2201 W GLENROSA Avenue Phoenix, AZ 85015
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Key Details
Sold Price $499,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6436549
Sold Date 08/29/22
Maintenance Fees $5,000
Year Built 1963
Annual Tax Amount $1,216
Tax Year 2021
Lot Dimensions 8276
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Three 2 bed /1 bath units with large private patios and outside storage, $1100/mo rent. Significantly higher rents/ cash flow than recent comps. Each unit is individually metered for electric. Three designated parking spots and additional parking available on the street. All 3 units have been freshly painted this year. One unit is vacant, which qualifies it for an owner occupant FHA loan with only 3.5% down. Seller willing to negotiate a 2/1 rate buydown to help lower borrower's initial monthly payments.
Location
State AZ
County Maricopa
Zoning R-3
Interior
Heating Electric
Cooling Central Air
Flooring Concrete
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features 1 Space/Unit, On Street
Community Features No Pool
Roof Type Composition
Total Parking Spaces 3
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 154-29-007-C
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing FHA
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Bought with Equity Realty Group, LLC