11507 N 79th Drive, Peoria, AZ 85345

$1,350,000
15
BD
25
BA

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List Price
$1,350,000
Status
ACTIVE
Price Change
▼ $100,000 1755571916
Days on Market
534
MLS#
6841463
City
Peoria
Bedrooms
15
Bathrooms
25
Year Built
1955

Property Description

This exceptional real estate opportunity consists of three parcels featuring two duplexes, three single-family homes, and a garage. A significant portion of the land remains vacant, offering ample space for future development. The property is zoned for multi-family use, proving potential for growth and expansion in a desirable area. This versatile investment is perfect for developers or investors looking to capitalize on the thriving local market. Don't miss the chance to explore the possibilities this property has to offer!

Additional Information

Taxes
$1,710
Net Operating Income
$31,650
Cap Rate
2.34
Units
7
Parking Features
Open, On Street
Construction
Wood Frame, Painted
Roofing
Composition
Cooling
Central Air, Evaporative Cooling, Electric, Varies by Unit, Window/Wall Unit
Heating
Electric, Window/Wall Unit(s), Wall Furnace
Zoning
RM-1
Subdivision
Varney Tract
Community Features
No Pool
Electric
APS
Water
City Franchise
Tenant Pays
Water, Sewer, Electricity, Gas, Cable TV
New Financing
Conventional, Cash

Courtesy of eXp Realty. 888-897-7821

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