1613 W Mountain View Road, Phoenix, AZ 85021

$420,000
Sold Price
$420,000
List Price
$435,000
Status
CLOSED
Closing Date
Dec 07, 2023
Days on Market
116
MLS#
6592371
City
Phoenix
Year Built
1947

Property Description

Don't miss this amazing investment opportunity! Two remodeled units with an Amazing 7.8% Cap Rate! PLEASE DO NOT DISTURB TENANTS. Fully permitted, and zoned for additional units. Easy management and fully leased with tenants paying utilities and landscape maintenance. The main detached unit is 1,217sqft, 1 Bed/1Bath, den/office, open family room. Studio House is a 354sqft detached unit with full Kitchen and Bath. The units have private yards/entrances. In addition to the 2 dwellings, you also have a separate building for shared laundry and another for extra storage! Freshly updated inside and out. Too many upgrades to list here. No Sign on property. Tenants in residence till June 2024.

Additional Information

Taxes
$1,302
Net Operating Income
$33,350
Cap Rate
7.67
Units
2
Flooring
Ceramic Tile
Parking Features
Free, Assigned, >1 Space Per Unit, Street Parking
Construction
Painted, Stucco, Block, Frame - Wood
Roofing
Composition
Cooling
Central A/C, Electric, Wall/Window Unit(s)
Heating
Central, Window/Wall Unit(s), Electric
Zoning
R-4
Subdivision
Mountain View Acres
Community Features
Sport Court, No Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
New Financing
No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Elementary School
Mountain View Elementary School
Middle School
Mountain View Elementary School
High School
Sunnyslope High School
School District
Glendale Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart. Selling Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.