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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
Year Built 1943
Annual Tax Amount $1,485
Tax Year 2022
Lot Dimensions 14,040
Source Arizona Regional Multiple Listing Service (ARMLS)
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
Area Maricopa
Zoning R-4
Interior
Heating Central, Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features >1 Space Per Unit, On Street
Community Features No Pool
Roof Type Composition
Private Pool No
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 Other (See Remarks), Conventional, FHA
Disclosures Seller Prop Disc Stm
Listing Terms Other (See Remarks), Conventional, FHA
Financing Conventional
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Bought with Phoenix Property Group
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