Phoenix, AZ 85051,2529 W VISTA Avenue
Phoenix, AZ 85051,2529 W VISTA Avenue
Phoenix, AZ 85051,2529 W VISTA Avenue
Phoenix, AZ 85051,2529 W VISTA Avenue
Phoenix, AZ 85051,2529 W VISTA Avenue
Phoenix, AZ 85051,2529 W VISTA Avenue
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$1,014,000

$1,100,000

7.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/05/2022

Key Details

Sold Price $1,014,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Vista Income Estates Unit 5

MLS Listing ID 6396529

Sold Date 07/05/22

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1985

Annual Tax Amount $2,273

Tax Year 2021

Lot Dimensions 17,460 sq ft.

Property Description

SUBMIT your Highest and Best OFFER NOW!!

VALUE ADD 6-PLEX with proven rents increase ability.

Six (6) 2/2 with 2 carports + Washer & Dryer + new/better plank vinyl + above average entryways for property class.

One unit is fully upgraded and rents for nearly $300 more a month.

Many tenants have lived here for 5+ years.

Property has maintained 100% occupancy for nearly the entire ownership period. Close to everything! Schools, Bus Line, Black Canyon Hwy/17.

SEE DOCS for Rent Roll with lease expiration dates.

SEE SUPPLEMENT for Highlights.

SERIOUS QUALIFIED BUYERS ONLY PLEASE!! FLOORING:
1 unit fully refurbished with plank vinyl
1 unit soon to have brand new tile flooring
4 units with newer vinyl plank or tile flooring

KITCHEN:
1 unit fully refurbished kitchen + all new appliances
5 units with improves finishes + many new appliances

AC UNITS:
2 AC units have been replaced with new units
2 more have new condensers and heat packs
2 have been refurbished.
We service all six AC units annually, and the most recent service was in March.
The owner believes in proactive service and repair/replacement as needed.
All units are in good condition.

RENTS:
The fully refurbished unit is currently getting $1225 in rent.
The unit getting the new tile flooring will soon be getting $1225 from $1000 in rent.

ROOFS:
Both replaced in 2016.

ADDITIONAL HIGHLIGHTS:
Stoves, refrigerators, washer/dryer combos have all been replaced with new or refurbished appliances since January 2018 (past 4 years) in all 6 units. 3 of the dishwashers have been replaced and others have been refurbished.

GREAT INVESTMENT OPPORTUNITY!!

Location

State AZ

County Maricopa

Community Vista Income Estates Unit 5

Zoning R-3

Direction NORTHERN S ON 27TH TO VISTA AVE; LEFT 1 BLOCK.

Interior

Heating Electric

Cooling Heat Pump, Electric

Flooring Concrete

Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WasherDryer

Exterior

Garage Common

Community Features No Pool

Roof Type Composition

Total Parking Spaces 14

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 157-30-067

Acceptable Financing Conventional, 1031 Exchange, Owner May Carry

Listing Terms Conventional, 1031 Exchange, Owner May Carry

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Fort Lowell Realty & Property Management
Bought with Grace CRE

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