Phoenix, AZ 85007,814 N 8th Avenue
Phoenix, AZ 85007,814 N 8th Avenue
Phoenix, AZ 85007,814 N 8th Avenue
20
$1,050,000
$1,095,000
4.1%
Est.Price: ?

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814 N 8th Avenue Phoenix, AZ 85007

Est. payment /mo
SOLD DATE : 04/05/2023

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kensington Place

MLS Listing ID 6480724

Sold Date 04/05/23

Maintenance Fees $2,000

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1980

Annual Tax Amount $1,027

Tax Year 2022

Lot Dimensions 134x50

Property Description

This fully remodeled fourplex located in central Phoenix is being offered as a fantastic turnkey investment opportunity. Built in 1980, the unit mix consists of four (2 bed/1 bath) units. The extensive professional renovations were completed in 2022. Just some of the interior upgrades include: fresh paint; new shaker kitchen cabinets; new quartz kitchen countertops; new plank flooring; new stainless-steel appliances; and new in-suite washer/dryers. Exterior amenities consist of: a new metal roof; new windows; fresh paint; walk-out private patios; private parking at the rear; and upgraded low cost/maintenance desert landscaping.

Demand is high for units that are centrally located in Phoenix, have been fully renovated with quality materials, and are located within a mixed residential area. The nearby employment base is vast which consists of large & small employers from both the private & public sectors. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals. Investors have realized the potential within the area, and as such, newer commercial buildings have been completed and new projects seemingly continue to be advanced along the more active nearby corridors.

Thus, this investment offers a hassle-free investment opportunity as it is fully occupied, stable, fully renovated and has a strong revenue stream right at acquisition. Buyer to verify all facts and figures.
Drive by only...please do not disturb residents.

Location

State AZ

County Maricopa

Community Kensington Place

Zoning [R-5]

Interior

Appliance FS OvenRange, WD Hookup, Microwave, WasherDryer

Exterior

Garage Paved Parking, Free, Assigned, 1 Space/Unit, Street Parking

Community Features No Pool

Waterfront No

Roof Type See Remarks,Metal

Parking Type Paved Parking, Free, Assigned, 1 Space/Unit, Street Parking

Total Parking Spaces 5

Building

Sewer Public Sewer

Water City Franchise, Master Meter

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-29-042

Acceptable Financing No Carry, Conventional, VA Loan

Listing Terms No Carry, Conventional, VA Loan

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler
Bought with Long Realty Uptown

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Michael Vallee

Agent | License ID: SA662806000

+1(480) 848-5780

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