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$1,395,000
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Property Description
This is a Value Add 12 unit with partial occupancy. With 8 units stable and 4 to renovate-this is a gold mine at $116,500 per door. NO ASSIGNMENT CONTRACT AND NO SELLER CARRY. $25,000 Earnest Money and short Due diligence with a 10 day closing. Buyer to verify all facts and figures. See Due Diligence for all information that is available. The Property This is an absolute AS-IS sale along with cash only or hard money. Close of Escrow will be within 15 days. See the document tab for more Information Once you have reviewed this information-let me know if you want to move to the next level. UNIT MIX 2×1 1×1 1×1 2×1 2×1 1×1 1×1 2×1 1×1 1×1 Studio Studio 1×1 PROPERTY FACTS No. Units 12 Building Size 7,250 SF Property Type Multifamily Average Occupancy 100% Property Subtype Apartment No. Stories 2 Apartment Style Garden Year Built/Renovated 1941/2022 Building Class C Parking Ratio 2.48/1,000 SF Lot Size 0.63 AC UNIT AMENITIES Air Conditioning Dishwasher Ceiling Fans Refrigerator Oven UNIT MIX INFORMATION PROPERTY TAXES Parcel Number 113-05-043B Improvements Assessment $589,100 Land Assessment $147,200 Total Assessment $736,300 ZONING Zoning Code R-3, City of Phoenix
Full Property Details
Full Property Details for 4301 S 7th Ave
General
- Sold For: $1,395,000
- Taxes: $1,386 (2023)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6711280
- Added to Site: 240 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Total Spaces: 16
- Parking Features: Other (See Remarks), Free, >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Individual, Heat Pump, Ceiling Fan(s)
- Heating Type: Individual, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City Franchise, Master Meter
Structural Information
- # Buildings: 3
- Exterior Const.: Siding, Painted, Stucco, Block, Frame - Wood
- Roof: Composition
- Year Built: 1941
Unit Information
- Vacancy %: .03
Lot Features
- Lot Dimensions: irr
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $1,386
- Tax Year: 2023
- Terms: Other (See Remarks), No Carry
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
- Tenant Pays: Electricity, Cable TV
Disclosures and Reports
- Legal Description: PT ARB LOT 35 W 230' OF FOL BEG 555' E OF SW COR SW4 N 5D 35' W 299' TO TRUE POB N 5D 35' W 149'
- Property ID: 113-05-043-B
- Range: 3E
- Section: 20
Listed by Gerchick Real Estate
Sold by HomeSmart
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Schools
Schools serving 4301 S 7th Ave
School Districts:Roosevelt Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
4001 S 3rd St, Phoenix, AZ 85040 | K-8 | 0.8 mi | |
3921 W Baseline Rd, Laveen, AZ 85339 | 9-12 | 4.3 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 6.5 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 4301 S 7th Ave
Date
Details
Price
Change
Source
6/14/2024
Sold
$1,395,000
—
MLS
5/28/2024
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4301 S 7th Avenue, Phoenix, AZ 85041 (MLS# 6711280) is a Multi-Family property that was sold at $1,395,000 on June 14, 2024. Want to learn more about 4301 S 7th Avenue? 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.