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4920 E HOLLY Street E Phoenix, AZ 85008
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Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Orangedale Tract 11,13,14,15
MLS Listing ID 6168030
Sold Date 02/10/21
Maintenance Fees $1,500
Year Built 1962
Annual Tax Amount $1,354
Tax Year 2020
Lot Dimensions 1
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
THE OPPORTUNITY
Value Add opportunity in gentrifying neighborhood. This is a classic
4-Plex poised to take advantage of the on going gentrification
and rising rents in the Papago Village area. All long term tenants on Month to Month leases at $450, allows for raising rents to market rate quickly. Units consist of 3 - 2
Bedroom/1 Bath and 1 - 1 Bedroom/1 Bath. All units have large
private backyards with washer and dryer hookups and covered
parking. Many new multifamily construction throughout the area,
along with full renovations of existing product.
THE LOCATION
Perfectly located South of Arcadia, easy access to the 143 Freeway.
Minutes from Phoenix Sky Harbor International Airport, Scottsdale,
Phoenix and Tempe.
Location
State AZ
County Maricopa
Community Orangedale Tract 11, 13, 14, 15
Area Maricopa
Zoning R-3
Interior
Heating Individual, Electric
Cooling Central A/C
Flooring Vinyl
Appliance FS OvenRange, Refrigerator, WD Hookup
Exterior
Parking Features Common
Community Features No Pool
Roof Type Tile
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 126-18-015-E
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Conventional
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