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7535 N 109TH Avenue Glendale, AZ 85307
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Key Details
Sold Price $915,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Country Meadows Unit 9 Lot 775-1034
MLS Listing ID 6063408
Sold Date 06/12/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1987
Annual Tax Amount $913
Tax Year 2019
Lot Dimensions 7,090 SF
Property Description
Rare investment opportunity: Four well maintained single residential houses in family friendly neighborhoods present a solid 6% cap return and viable long term appreciation as housing demand remains very strong in Phoenix MSA. Professionally managed, 100% stabilized occupancy with monthly rent at $5,845. These four rental homes have been professionally managed and maintained. All in family friendly neighborhoods with strong buyer and rental demands. At current rents and operations a 6% cap .
Location
State AZ
County Maricopa
Community Country Meadows Unit 9 Lot 775-1034
Zoning R7
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Flooring Other
Exterior
Community Features Other, See Remarks
Amenities Available Other
Roof Type See Remarks, Other
Total Parking Spaces 16
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Peoria Unified School District
Others
Senior Community No
Tax ID 142-75-211
Financing Cash
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