Phoenix, AZ 85007,1732 W MARICOPA Street
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Phoenix, AZ 85007,1732 W MARICOPA Street
Phoenix, AZ 85007,1732 W MARICOPA Street
Phoenix, AZ 85007,1732 W MARICOPA Street
Phoenix, AZ 85007,1732 W MARICOPA Street

$415,000

Est. payment /mo

$325,000

27.7%
Est.Price: ?

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1732 W MARICOPA Street Phoenix, AZ 85007

SOLD DATE : 05/20/2022

Key Details

Sold Price $415,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Grier Place

MLS Listing ID 6396224

Sold Date 05/20/22

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2004

Annual Tax Amount $1,271

Tax Year 2021

Lot Dimensions 136' x 62'

Property Description

Value Add, Value Add, Value Add!! This incredible investment opportunity is ready for a buyer who wants to capitalize on a little bit of sweat equity for a huge upside potential. This property was built in 2004 and features the one thing you can't change in a real estate investment – LOCATION! This investment is conveniently located in between the I17 and I10 freeways near all the new development downtown and just minutes from Sky Harbor Airport. This unique duplex offers two mirrored layouts, each with three full bedrooms, a jack and jill bathroom and inside laundry room. The property lot is huge and offers plenty of tenant parking. Easily capture significant upside by completing
some of the simple and obvious value-add opportunities; including, converting the jack and jill bathroom into two full bathrooms (see concept plan in the photos), covered
parking, stylish gates and interior finish updates. Proforma rents for a three-bedroom, one bath unit are $1550 each, improve to a three-bedroom, two bath unit and increase to
around $1800 each.

Location

State AZ

County Maricopa

Community Grier Place

Zoning Residential

Direction North on 17th Ave to West on Maricopa Ave. Property on right.

Interior

Flooring Carpet, Ceramic Tile

Appliance None

Exterior

Garage Paved Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction Yes

Schools

Elementary Schools Mary Mcleod Bethune School

Middle Schools Mary Mcleod Bethune School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 112-13-024

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by American Allstar Realty
Bought with Get Multifamily

John Evenson

Realtor/Team Lead | License ID: SA659330000

+1(989) 233-3293

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