Price Reduction
Address
1727 W Mountain View Road Phoenix, AZ
Price
$ 3,100,000
Property Attributes
  • MLS#6224390
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCrestview
  • Zip85021
  • Style
  • Year Built1985
  • Taxes$ 5724
  • Price$ 3,100,000
  • Bedrooms32
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage13120
Listing Provided Courtesy Of:
Realty ONE Group
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Completely renovated 16 unit complex, each having 2 bed/1bath that boasts all the upgrades and is 100% Leased. Designated tenant parking, fresh exterior paint , remote security system and community BBQ area are just a few complex improvements. Inside, every unit has been completely remodeled with new windows, A/C units and air handlers, full sized washer & dryers in the unit. Upgraded tile flooring, granite counter tops, and full bathroom remodel with shower and tub combo are just a few of the many improvements made. See Documents tab for complete list of all improvements. Property is performing well and there is room for rent increase as leases expire.

Elementary School Middle School High School
Washington Elementary School - Phoenix Washington Elementary School - Phoenix Sunnyslope High School
Price History
4/21/2021 Listed $3,250,000
5/19/2021 5% - $3,100,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 990.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Cooling Electric Refrigeratd, Heat Pump
Electric APS, Individual Meter
Elementary School Washington Elementary School - Phoenix
Exterior Features Cable TV Available, Patio/Balcony
Features Barbecue Area(s)
Gas Y/N None
Heating Electric
High School Sunnyslope High School
Interior Features Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
Map Code/Grid M34
Middle School Washington Elementary School - Phoenix
Net Income 158855.00
New Financing 1031 Exchange, Conventional, No Carry
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking Assigned, Paved Parking
Property Type F
Roof Comp Shingle
School District 006 - Washington Elementary District
Sewer Sewer - Public
Special Owner/Agent
Status Active
Subdivision Crestview
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1985
Zoning R4

Interior Features

2 Bedroom Units: # 2 Bedroom Units 16
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 820
Appliances Included Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Floors Ceramic Tile
Total Number of Units 16.00

Exterior Features

Public Remarks Completely renovated 16 unit complex, each having 2 bed/1bath that boasts all the upgrades and is 100% Leased. Designated tenant parking, fresh exterior paint
Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions irregular
Total Parking Spcs 22.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85021

Price
AVG $1.36M
$3.1M
Taxes
AVG $2,027
$5,724
Visits
AVG 165
171
Year Built
AVG 1985
1985

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