$485,000
$485,000
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921 S MONTEZUMA Street Phoenix, AZ 85003
Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Montgomery Add Amd Blks 75, 83, 84, 91, 99-102
MLS Listing ID 6020197
Sold Date 02/25/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1963
Annual Tax Amount $568
Tax Year 2019
Lot Dimensions 6500
Property Description
Cash Cow Tri-Plex. Up and coming area, very close to Downtown Phoenix and the Airport! All units are move-in ready, and all furniture conveys. All 3 units are 2 bed, 1 bath. Unit one has a long-term renter paying $1450/mo, unit two is rented on Airbnb and averages about $1500/mo, and then there is a single family house that could rent out for $1500/mo (the owner lives in that house). If it were listed on Aibnb, the unit could potentially make 20%- 30% more a month. BONUS- additional trailer on the property is being renovated (2 bed, 1 bath) and could bring in $700/mo for long-term renter. Updates- all new roof, new AC's , new windows, new electrical, new drywall and new redwood fencing.
Location
State AZ
County Maricopa
Community Montgomery Add Amd Blks 75, 83, 84, 91, 99-102
Zoning M-H
Direction 7th ave to Tonto St, east on Tonto to property on corner.
Interior
Heating Electric
Cooling Central A/C
Flooring Concrete
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Parking Features Common
Community Features No Pool
Roof Type See Remarks, Composition
Total Parking Spaces 3
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-24-095
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Conventional
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