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2020 W Cactus Road, Phoenix, AZ 85029
$665,000
2020 W Cactus Road, Phoenix, AZ 85029View this property at 2020 W Cactus Road, Phoenix, AZ 85029
2020 W Cactus RoadPhoenixAZ85029
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Property Description
A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month to month so rents can be raised. Market rents indicate a $1250-$1350 per month rate is possible., making the CAP rate a terrific 7%+. Community laundry. NO HOA! For owner occupants there is a fully ASSUMABLE FHA loan with a fixed rate of 2.99%!
Full Property Details
Full Property Details for 2020 W Cactus Rd
General
- Sold For: $665,000
- Taxes: $1,668 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 6601899
- Added to Site: 238 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Total Spaces: 1
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 3N
- Subdivision: Garden Villas
- Cross Streets: 19th Avenue and Cactus Rd.
- Driving Directions: From I-17 head east on Cactus to Garden Villas on the north side of the road just before 19th Ave.
School Information
- Elem School District: Washington Elementary District
- High School District: Glendale Union High School District
- Elementary School: Shaw Butte School
- Middle School: Washington Elementary School - Phoenix
- High School: Glendale High School
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Built-Up
- Year Built: 1963
Lot Features
- Lot Dimensions: Unlnown
- Frontage: Asphalt
- Zoning: R4
Financial Considerations
- Tax Amount: $1,668
- Tax Year: 2022
- Terms: Conventional
- Owner Pays: Trash Collection, Water, Sewer
- Tenant Pays: Electricity, Cable TV
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Documents Avail.: Unbranded Flyer, Property Disclosure - Lease Owner
- Legal Description: BEG SE COR W2 SE4 SE4 TH N 228.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO BEG .22
- Property ID: 149-04-016
- Range: 2E
- Section: 13
Listed by HomeSmart
Sold by Realty ONE Group
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Schools
Schools serving 2020 W Cactus Rd
School Districts:Washington Elementary School District, Glendale Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
12202 N 21st Ave, Phoenix, AZ 85029 | PK-6 | 0.2 mi | |
16225 N 7th Ave, Phoenix, AZ 85023 | 7-8 | 2.6 mi | |
1750 W Thunderbird Rd, Phoenix, AZ 85023 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2020 W Cactus Rd
Date
Details
Price
Change
Source
11/28/2023
Sold
$665,000
-4.93%
MLS
9/07/2023
Listed
$699,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2020 W Cactus Road, Phoenix, AZ 85029 (MLS# 6601899) is a Multi-Family property that was sold at $665,000 on November 28, 2023. Want to learn more about 2020 W Cactus Road? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.