This property is now open for bid with a bid deadline of October 16th. The list price is no way reflective of what the seller may be willing to accept and will consider all offers.32 unit multi-family ripe with potential.Convert 16 units into full one bedroom units, lease up to stabilization at market rates and purchase at an expected 11% cap rate based on resulting income and expenses central strong rental market location.
Listing courtesy of MLSSAZ / Equilibrium Realty
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Last updated Apr 24, 2024
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MLS# 21700516 —
The Building
Year Built:
1978
Construction:
Frame, Frame - Stucco
Style:
Contemporary
Direction:
E
Roof:
Shingle
Patio/Deck:
Deck, Ramada
Security:
None
Total SqFt:
14080
Interior
Furnished:
Existing
Interior Features:
Ceiling Fan(s), Walk In Closets, Smoke Detector
Window Coverings:
Some
Floor Covering:
Carpet, Vinyl
Living Areas:
Living Room
Kitchen Features:
Electric Range, Refrigerator, Prep Sink
Breakfast:
None
Dining Room:
None
Dining Areas:
Eat-In Kitchen
Extra Room:
None
Laundry:
Facility
Accessibility Options:
Wide Doorways
Financial & Terms
Terms:
Cash, Submit All, Exchange, Conventional
Short Sale:
None
Special Conditions:
Public Report
Fire Protection Included in Taxes:
Included in Taxes
List Price Per SqFt:
142.05
Location
Directions:
from downtown east on Broadway, north (left) on Alvernon then east (right) on Monte Vista to address (property on left)
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
11/9/17
Nov 9, 2017
Sold
MLSSAZ
$1,175,000
-41.3%
10/10/17
Oct 10, 2017
Pending
MLSSAZ
$2,000,000
9/15/17
Sep 15, 2017
Relisted
MLSSAZ
$2,000,000
101.0%
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Multifamily
Sold
on 11/9/2017
$1,175,000
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Listing provided by broker:
Nicholas T Tomko
Equilibrium Realty
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: MLSSAZ and Equilibrium Realty.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
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Last updated Apr 24, 2024
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