$1,995,000
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SOLD DATE : 09/20/2022
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Montgomery Acres
MLS Listing ID 6401837
Sold Date 09/20/22
Year Built 1957
Annual Tax Amount $3,116
Tax Year 2021
Lot Dimensions 11,892
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.
Location
State AZ
County Maricopa
Community Montgomery Acres
Zoning R-3
Interior
Heating See Remarks
Cooling See Remarks
Exterior
Community Features Other
Amenities Available Other
Roof Type Foam
Total Parking Spaces 7
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 162-06-022-C
Financing Conventional
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Bought with RE/MAX Fine Properties