$325,000
$385,000
15.6%For more information regarding the value of a property, please contact us for a free consultation.
1241 E MCKINLEY Street Phoenix, AZ 85006
Key Details
Sold Price $325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Erharts Sub
MLS Listing ID 6119700
Sold Date 11/24/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1965
Annual Tax Amount $1,042
Tax Year 2020
Lot Dimensions 138 X 47
Property Description
Terrific FIX-UP investor opportunity in the desirable Garfield Historic District. This developing neighborhood near downtown Phoenix provides sampling of unique architectural styles and in-town conveniences. The property offers four rental units with 2BR main house and 3 x studio units in the back. The 3 units are occupied by Month 2 Month tenants. There is a tremendous upside potential with current rents are below market, and the 2 bedroom house (unit #1) is currently vacant and with some needed for TLC could rent for a premium price. This property is primed for an experienced new owner who will take it to the next level. NOTES: DO NOT DISTURB TENANTS. SHOWING AFTER CONTRACT ACCEPTANCE. CASH OFFERS ONLY. PROPERTY IS SOLD ''AS-IS''.
Location
State AZ
County Maricopa
Community Erharts Sub
Zoning R-3
Direction West on Roosevelt St. to 13th Street. South on 13th St. to McKinley St. West to the second property on the left. NOTE: Please done disturb tenants!!!
Interior
Heating Natural Gas
Cooling 2 or More Units, Central A/C, Electric, Wall/Window Unit(s)
Appliance WasherDryer
Exterior
Garage Paved Parking
Community Features No Pool
Waterfront No
Roof Type Composition, Rolled/Hot Mop
Parking Type Paved Parking
Total Parking Spaces 3
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Garfield School
Middle Schools Garfield School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-24-038
Acceptable Financing No Carry
Listing Terms No Carry
Financing Other
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Bought with RE/MAX Excalibur
Bob Nathan
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