$900,000
$959,900
6.2%For more information regarding the value of a property, please contact us for a free consultation.
1540 W MULBERRY Drive Phoenix, AZ 85015
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision College Homes
MLS Listing ID 6113023
Sold Date 08/26/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $2,651
Tax Year 2019
Lot Dimensions 7813 Sq Ft
Property Description
A value add investment opportunity of two triplexes on Mulberry Dr in the North Encanto neighborhood of Midtown Phoenix. The property features six 2 bed/1 bath units with spacious living areas and individual private back yards. The property includes covered parking, an on site laundry facility, grassy courtyard area and lush, mature landscaping.
Value add opportunity is available through renovating units to better leverage the desirable floor plans and excellent location. This asset is located in a highly sought after rental community with close proximity to major highways, the light rail and Downtown Phoenix, making it an ideal community for commuters. (MUST PURCHASE TRIPLEX AT 1536 W Mulberry DR)
Location
State AZ
County Maricopa
Community College Homes
Zoning R3
Direction South on 15th Avenue, West on Mulberry Drive. Property is on North side of road.
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Appliance Refrigerator, BI OvenRange
Exterior
Parking Features Common
Community Features No Pool
Roof Type See Remarks, Tile
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 110-27-016
Financing Other
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Bought with eXp Realty