2015 E EUGIE Terrace Active

Phoenix,AZ 85022

$ 1155000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Sun & Sand Blk 1-3

MLS Listing ID 6724663

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1985

Annual Tax Amount $1,862

Tax Year 2023

Lot Dimensions Normal

Property Description

Discover the exceptional investment potential of 2015 E Eugie Terrace, a meticulously maintained multifamily property in North Phoenix. This offering includes a main 6plex constructed in 1985 and a separate single family residence dating back to 1960, all under the care of the current owners for over two decades.

Property Features:

Unit Mix: Consists of six spacious 2-bedroom, 1-bathroom units averaging over 700 square feet each, alongside a single family residence.

Stability and Maintenance: Enjoyed trouble-free operations with a history of long-term tenants and continuous upkeep.

Value Enhancement: Potential for rent increases to market rates through an interior renovation program, leveraging recent updates to units.

Location

State AZ

County Maricopa

Community Sun & Sand Blk 1-3

Zoning R-3

Interior

Heating Electric

Cooling Central A/C

Flooring Vinyl

Appliance F/S Oven/Range,Microwave

Exterior

Garage Paved Parking,Street Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Paved Parking,Street Parking

Total Parking Spaces 12

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Paradise Valley Unified District

Others

Senior Community No

Tax ID 166-10-056-A

Acceptable Financing Conventional,1031 Exchange

Listing Terms Conventional,1031 Exchange

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