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Key Details
Sold Price $482,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Capitola Place
MLS Listing ID 6796356
Sold Date 04/21/25
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1920
Annual Tax Amount $511
Tax Year 2024
Lot Dimensions 6,771
Property Description
*Gross Cap Rate of 8.6%*
2 Unit Property With 2 Buildings on 1 Parcel. Front Building Built in 1920 & Renovated in 2024, Casita Built in 2024.
*Attractive Unit Mix That Consists of (1) 2-Bed / 2-Bath Casita, (1) 3-Bed / 2-Bath SFH
Each Unit Features a Fully Upgraded Interior With White or Black Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliance Package, & In-Suite Washer / Dryer in Each Unit. Exterior Upgrades Include New Paint & Stucco, New AC Units, & Private Backyard Areas for Each Unit
Located Just Outside FQ Story Neighborhood Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.
Location
State AZ
County Maricopa
Community Capitola Place
Zoning R-5
Interior
Heating Electric
Cooling Electric
Flooring Vinyl
Appliance Built-In Range
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-26-010
Acceptable Financing No Carry, Conventional, FHA
Listing Terms No Carry, Conventional, FHA
Financing Conventional
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Bought with eXp Realty