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2501 E CLARENDON Avenue Phoenix, AZ 85016
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Key Details
Sold Price $660,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6506118
Sold Date 02/03/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1943
Annual Tax Amount $1,485
Tax Year 2022
Lot Dimensions 14,040
Property Description
3plex in the heart of Phoenix ,an amazing opportunity for now and in the future. Three 2 bed/ 1 bath units with large private yards and private laundry. Unit 1 & 3 have been totally remodeled in the last 5 years and design choices still feel modern today. Unit 3 vacated in January 1st 2023 and available to show. Stainless steel appliances and washer/dryer in units 1 & 3 are owned.
Rents are well under market and can be adjusted accordingly based on the area and the new rental rate established in unit 3. Each unit has 2 reserved spots, large yard, laundry, central location and easy freeway access. Unit 2 AC 3 yrs old, other units serviced annually prior to summer. Unit 1 & 3 new water heaters in last 5 years.
The large expansive lot and current zoning R-4 allows for more units.
Location
State AZ
County Maricopa
Zoning R-4
Interior
Heating Central, Natural Gas
Cooling Central A/C, Ceiling Fan(s)
Flooring Other
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 119-05-056
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Financing Conventional
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Bought with Phoenix Property Group