$1,500,000
$1,480,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/04/2022
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6326934
Sold Date 03/04/22
Maintenance Fees $4,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1987
Annual Tax Amount $2,584
Tax Year 2021
Lot Dimensions 21850
Property Description
113 Palms Apartments is a very well-maintained property built in 1987 with wood frame and stucco. All eight units are 2BD/2BA averaging 907 square feet. Each unit has washer and dryer hook-ups and a covered parking spot. The landscaping is a beautiful low-maintenance desert theme with light colored rock and neatly manicured plants.
113 Palms has been recently renovated with both interior and exterior improvements. 5/8 units have had recent interior renovations. 2/5 units that have been renovated have had patios added to the units. The two units with patios are renting at $1,250 currently, the three additional remodeled units without patios are renting at $1,195 and the remaining three units are renting at $995. Seller holds an active Real Estate license in the State of Arizona.
Location
State AZ
County Maricopa
Zoning R-1
Direction On 113th ave, In between Tennessee Ave & Wisconsin Ave
Interior
Heating Individual
Cooling Individual
Flooring Wood
Appliance Dishwasher, Refrigerator, WD Hookup, Microwave, BI OvenRange
Exterior
Community Features Barbecue
Waterfront No
Roof Type Composition
Total Parking Spaces 12
Building
Sewer Public Sewer
Water Master Meter
Schools
School District Out Of Area
Others
Senior Community No
Tax ID 200-85-953-B
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Bought with Coldwell Banker Realty
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Broker Associate | License ID: BR533751000