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407 N 17TH Drive Phoenix, AZ 85007
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Key Details
Sold Price $245,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 6067297
Sold Date 04/30/20
Maintenance Fees $1,831
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1926
Annual Tax Amount $997
Tax Year 2019
Lot Dimensions irreg
Property Description
100% OCCUPIED - TENANT'S RIGHTS - NO SHOWINGS UNTIL ACCEPTED CONTRACT AND DURING INSPECTION PERIOD
REIM is pleased to present 407 N 17th Dr. in Phoenix, AZ 85007. This 'tri-plex' residential asset consists two 1-bed / 1-bath rental units of approximately 775 square feet in the front (duplex) building, and a 2-bed / 1-bath home of approximately 1,000 square feet in the back. These highly desirable 'retro' buildings offer amenities like covered porches, picture windows, covered parking, fenced yards and Spanish-style arches and stucco design cues. Modest updating at this low-density property along with in-unit washers/dryers insure good upside for the investor since rents are far behind the market. Proximity to downtown and the freeway system make the location ideal for tenants.
Location
State AZ
County Maricopa
Community Oakland
Zoning M-H, R-5
Interior
Heating Window/Wall Unit(s), Electric, Natural Gas
Cooling Window/Wall Unit, Electric, Heat Pump
Flooring Ceramic Tile, Vinyl, Concrete
Appliance F/S Oven/Range
Exterior
Parking Features Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common
Community Features Barbecue, No Pool
Roof Type Built-Up,Foam
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-24-116
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Cash
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Bought with Gentry Real Estate