Phoenix, AZ 85013,4220 N 3RD Avenue
Phoenix, AZ 85013,4220 N 3RD Avenue
Phoenix, AZ 85013,4220 N 3RD Avenue
11
$465,000
$489,900
5.1%
Est.Price: ?

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4220 N 3RD Avenue Phoenix, AZ 85013

Est. payment /mo
SOLD DATE : 09/17/2020

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Key Details

Sold Price $465,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Indian Park

MLS Listing ID 6112201

Sold Date 09/17/20

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1950

Annual Tax Amount $991

Tax Year 2019

Lot Dimensions 6720

Property Description

Wonderfully remodeled duplex in one of the hottest area's of Phoenix. Just blocks from the Melrose neighborhood, this multi-family rental property spared no expense in its recent remodel. This property cash flows well at over a 6% CAP rate and will only create larger profits as this part of town continues to excel. The 3/2 has a solid lease in place at $1450 and the 2/1 is rented at $1295. Each unit has a washer and dryer and private yards. Tenants pay all utilities, as gas, electric and water are separately metered. Walk or bike to numerous restaurants and shopping, Steel Indian School park around the corner and even walk to the light rail. Great purchase for even your most particular investor! Drive by only. No interior showings until contract acceptance.

Location

State AZ

County Maricopa

Community Indian Park

Zoning R-4/m-h

Interior

Heating Electric

Cooling Central A/C

Flooring Wood

Appliance FS OvenRange, Refrigerator, WD Hookup, Microwave

Exterior

Garage Paved Parking

Community Features No Pool

Roof Type See Remarks, Composition

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise, Individual Meter

New Construction No

Schools

Elementary Schools Clarendon School

Middle Schools Osborn Middle School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-32-023

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Delex Realty
Bought with Brokers Hub Realty, LLC

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Brandon Bennett

Area Leader | License ID: 664757000

+1(520) 262-9286

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