Phoenix, AZ 85020,9618 N 5TH Street
Phoenix, AZ 85020,9618 N 5TH Street
Phoenix, AZ 85020,9618 N 5TH Street
Phoenix, AZ 85020,9618 N 5TH Street
Phoenix, AZ 85020,9618 N 5TH Street
Phoenix, AZ 85020,9618 N 5TH Street
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$870,000

$870,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/26/2021

Key Details

Sold Price $870,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tengen Place Addition

MLS Listing ID 6195819

Sold Date 07/26/21

Maintenance Fees $4,000

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1991

Annual Tax Amount $1,077

Tax Year 2020

Lot Dimensions 13536

Property Description

Welcome to Mountain Vista Six an investment Opportunity in the North Central corridor of Phoenix. Six clean units in 1991 construction- three of the six are fully renovated and achieving great rents, 100% occupancy. All units have in-suite laundry, private patios, and plenty of off street parking. Current proforma is 5.54% cap on market rents of $1,000 each. Current rents average $888 currently. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants.
NEW construction townhomes starting at $625,000 each down the street at 9721 N 5th st driving up neighborhood desirability.

Location

State AZ

County Maricopa

Community Tengen Place Addition

Zoning R-3

Direction Turn right onto N 7th St left onto E Vogel Ave Turn right at the 1st cross street onto N 5th St

Interior

Flooring Ceramic Tile

Appliance BI OvenRange, WasherDryer

Exterior

Garage Paved Parking, >1 Space Per Unit

Community Features No Pool

Waterfront No

Roof Type Built-Up

Parking Type Paved Parking, >1 Space Per Unit

Total Parking Spaces 9

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 159-45-062

Acceptable Financing No Carry

Listing Terms No Carry

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Grace CRE
Bought with Grace CRE

GET MORE INFORMATION

Nicolas Toscano

Mortgage Loan Originator & Realtor | License ID: SA709955000 NMLS# 1418692

+1(480) 432-5551

2212 E Williams Field Rd # 210, Gilbert, AZ, 85295

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