$1,490,000
Phoenix, AZ 85014
MLS# 6196436
Status: Closed
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Property Description
Investor special- here is your chance to buy a new construction townhome complex with 3 individual APN's. The property is located in Madison School District and walking distance to a ton for shopping and restaurants. It's a turn key property that is delivered vacant. It can be used as a long term rental, Airbnb, or even sold off individually. Each unit is 2 bedrooms, 2.5 bath, plus an office. All three are designed with their own private entrance, backyard, garage, and balconies. Come check out this package deal before its tuned into individual unit sales.
Details
Maps
Contract Info
Current Price: $1,490,000
Sold Price: $1,490,000
Status: Closed
List Date: 2021-02-13
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N34
House Number: 1025
Compass: E
Street Name: MEDLOCK
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 1 BLOCK 4 SMITH PLACE BLK 1, 2, 4, 5 MCR 002002
Subdivision: SMITH PLACE BLK 1, 2, 4, 5
Assessor's Map #: 17
Assessor's Parcel #: 35
Add'l Parcels: No
Assessor Number: 162-17-035
Legal: LOT 1 BLOCK 4 SMITH PLACE BLK 1, 2, 4, 5 MCR 002002
Census Tract: 107601
Tax Municipality: Maricopa - COUNTY
Taxes: 1950
Tax Year: 2020
Marketing Name: NONE
General Property Description
Lot Size Dimensions: 74 X 135
Year Built: 2018
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 2
Zoning: R-3
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 12th Street and Camelback
Geo Lat: 33.51081
Geo Lon: -112.059793
Status Change Info
Status Change Date: 2021-05-27
Off Market Date: 2021-04-17
Under Contract Date: 2021-03-30
Close of Escrow Date: 2021-05-26
Sold Price: $1,490,000
Legal Info
Lot Number: 2
Income & Expenses
Owner Association: No
Operating Exp: 1950
Pmt & Rate Info
Equity: 1499999
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 2850
Avg SqFt: 1844
# Baths: 3
Contact Info
List Agent Home Phn: 609-226-3393
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Wood; Ceramic Tile; Carpet
Sale Includes: Building(s) Only
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Patio/Balcony
Interior Amenities: Breakfast Bar
Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup
Cooling: Ceiling Fan(s); Heat Pump
Water: Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Garage; >1 Space Per Unit
Roads/Streets: Asphalt
Owner Pays: Water; Landscaping; None
Tenant Pays: Water; Sewer; Electric; Trash; Cable TV
Source of Fincl Data: Unknown
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra (ARMLS)
New Financing: Conventional; 1031 Exchange; Trade
Reports/Disclosures: None
Environmental: None
Listing Office: HomeSmart
Last Updated: May - 27 - 2021
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