$735,000
$735,000
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16 E MADDEN Drive Avondale, AZ 85323
Key Details
Sold Price $735,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Whyman Sub Lots 8-11
MLS Listing ID 6311394
Sold Date 02/14/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1935
Annual Tax Amount $1,296
Tax Year 2021
Lot Dimensions unk
Property Description
Fantastic income producing property with a great cap rate. This recently remodeled property features 6- 1 Bedroom/1 Bathroom units with new dual Heat/AC wall units and new flooring, interior paint, fixtures, cabinets and countertops. The complex already has stable section 8 tenants in place and basically runs itself. The owner has gone to great lengths to make sure everything is repaired and running smoothly.
Location
State AZ
County Maricopa
Community Whyman Sub Lots 8-11
Zoning R1-6
Direction I-10 to exit 129 Dysart Rd, head south on N Dysart Rd 1.4 miles, Turn R onto E Riley Dr, L onto N 4th St, R on E Madden, Property on the Right
Interior
Heating None
Flooring Ceramic Tile
Appliance FS OvenRange
Exterior
Garage Street Parking
Community Features No Pool
Waterfront No
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
Elementary Schools Michael Anderson
Middle Schools Michael Anderson
High Schools Desert Edge High School
School District Agua Fria Union High School District
Others
Senior Community No
Tax ID 500-17-132
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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Bought with Non-MLS Office