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2615 W MORTEN Avenue Phoenix, AZ 85051
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Key Details
Sold Price $440,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Vista Income Estates Unit 5
MLS Listing ID 6178364
Sold Date 02/01/21
Maintenance Fees $2,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1955
Annual Tax Amount $1,620
Tax Year 2020
Property Description
This fourplex is priced to Sell! The owner is looking to sell this gem quick. This is a value add opportunity! Neighboring Comps are selling at 600 for 4 units, or recently sold 530 for 3 units. Potential is here or cash flow is great at starting, bring an offer! Currently no PM so if new owner did not use Property management property would be roughly 7.5 CAP at asking! See document tab for Offering Memorandum.
Location
State AZ
County Maricopa
Community Vista Income Estates Unit 5
Zoning R-3
Interior
Heating Heat Pump
Cooling 2 or More Units, Central A/C, Wall/Window Unit(s)
Appliance Dishwasher, BI OvenRange
Exterior
Community Features No Pool
Roof Type Composition
Total Parking Spaces 10
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 157-30-032
Acceptable Financing No Carry
Listing Terms No Carry
Financing Cash
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Bought with Better Homes & Gardens Real Estate SJ Fowler
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