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729 E MISSION Lane Phoenix, AZ 85020
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Key Details
Sold Price $570,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cook Court
MLS Listing ID 6531112
Sold Date 05/25/23
Year Built 1954
Annual Tax Amount $1,066
Tax Year 2022
Lot Dimensions 7899 sqft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Partially renovated & fully occupied, this 4-Unit is located in the heart of North Phoenix. This positive cash flowing property includes (3) 1B/1B units and (1) Studio/1B with 2 Units in the front, and 2 units in the back. (2) of the units have been significantly renovated while the other (2) units provide additional upside for the investor. All (4) units are single story, featuring their own private yard and assigned parking spots. Newer A/C's in units (1), (3) & (4). Building 1 was built in 1954, while building 2 (front duplex) was built in 1981! Both duplexes have been proficiently maintained. Minutes from Honor Health Medical Center, Freeways and North Mountain, this charming private community offers an attractive investment opportunity for the buyer looking to tap into the Arizona Multifamily Market.
Location
State AZ
County Maricopa
Community Cook Court
Zoning R-5
Direction North on 7th Street, 1 Block to Mission Lane, then go east to property
Interior
Heating Individual
Cooling Electric, Individual
Flooring Ceramic Tile, Vinyl
Appliance Free-Standing Range, Refrigerator
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Sunnyslope Elementary School
Middle Schools Royal Palm Middle School
High Schools Sunnyslope High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-36-038
Acceptable Financing No Carry, Conventional, VA Loan
Listing Terms No Carry, Conventional, VA Loan
Financing Cash
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Bought with Taylor Street Advisors