231 S 1st Street, Avondale, AZ 85323
- $700,000
- 7
- BD
- 5
- BA
- List Price
- $700,000
- Status
- ACTIVE
- Price Change
- ▼ $45,000 1782767364
- Days on Market
- 109
- MLS#
- 7033933
- City
- Avondale
- Bedrooms
- 7
- Bathrooms
- 5
- Year Built
- 1955
Property Description
This is a 5-unit apartment community with 2 separate buildings. One building is a 2bed/2bath duplex and the other is a 1bed/1bath triplex on the same parcel. Walking distance to old town Avondale! Entire exterior has been renovated with new paint and landscaping, plus roof replacement and repair, three new AC units, and updated plumbing. Finished with new quartz countertops, new cabinets, new flooring, and remodeled bathrooms. Each unit has a small courtyard with on-site laundry
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Additional Information
- Taxes
- $889
- Net Operating Income
- $62,667
- Cap Rate
- 8.41
- Units
- 5
- Parking Features
- Paved, Carport, >1 Space Per Unit
- Construction
- Block, Wood Frame, Painted, Stucco
- Roofing
- Composition, Rolled/Hot Mop
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R-3
- Subdivision
- Litchfield Heights
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- Master Meter, City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection, See Remarks
- New Financing
- Conventional, 1031 Exchange, No Carry
- Elementary School
- Eliseo C. Felix School
- Middle School
- Avondale Middle School
- High School
- Agua Fria High School
Courtesy of Citiea. 480-870-3119
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