Listing MLS# 6869954 Phoenix AZ Real Estate
Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.
Phoenix, AZ 85032
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1987Year Built
- 0.00Acres
- 38 yearsEst Age
- MLS# 6869954
- Multifamily
- Multiple Dwellings
- Pending
- Approx Time on Market4 months, 12 days
- AreaMaricopa
- CountyMaricopa
- Subdivision N/A
Overview
Advantageously placed just west of State Route 51, Tierra Buena (''the property'') is a 4-unit apartment community located just east of the Cave Creek Road and Greenway Parkway intersection, deep inside the expanding Northeast Phoenix submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Included in those nearby destinations are some of the largest employment corridors in Arizona. The I-17 / Deer Valley and Scottsdale Airpark employment corridors are reachable within a 10-minute drive, and the Biltmore employment district is less than 15 minutes away. In addition to powerful job opportunities, the surrounding landscape is also flush with countless dining, shopping, and entertainment options. Desert Ridge, Scottsdale Quarter, and the Biltmore Area, each hold highly sought after nighttime experiences, including restaurants, bars, and retail stores. Built in 1987, Tierra Buena is entirely comprised of two-bedroom, two-bathroom floorplans covering 900 square feet. Future ownership will have the opportunity to upgrade the interiors of the 2 remaining classic units and capitalize on the associated rental premium already proven out at the property.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Stucco
Roof: Foam
Exterior Features
Pool Private: No
Financial
Owner Pays: Trash Collection,Water,Sewer,Landscaping
Gross Income: 50181.9
Insurance Expense: 1500
Maintenance Expense: 1500
Garage / Parking
Parking Features: >1 Space Per Unit
Garage: No
Attached Garage: No
Interior Features
Flooring: Vinyl
Appliances: Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, W/D Hookup
Fireplace: No
Lot Info
Lot Size: 0.22
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Gravel
Zoning: R-5
Property Attached: No
Tax Info
Tax Amount Annual: 1153
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Cooling: Yes
Cool System: Electric, Individual
Heating: Individual, Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Listings courtesy of Marcus & Millichap
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