$1,249,000
$1,249,000
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836 E MARYLAND Avenue Phoenix, AZ 85014
Key Details
Sold Price $1,249,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bonnie Brae
MLS Listing ID 6663329
Sold Date 04/04/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1953
Annual Tax Amount $2,441
Tax Year 2023
Lot Dimensions 119x154
Property Description
Excellent INVESTMENT OPPORTUNITY in the very desirable Uptown Phoenix area. Two of the three units are operating as successful AirBnB's brining in strong monthly income. All furnishings, appliances, and housewares are included in the sale. This is truly turnkey business opportunity. Across the street from Madison Academy, close to popular restaurants, and easy access to freeways. Three units have been completely remodeled and the garage has city approvals to convert into a fourth unit (see documents tab for City of Phoenix approval letter). Seller is seeking to have the buyer finish the fourth unit. New roof and stackable washer and dryers in each unit. The lot area is over 22,700 square feet, which will allow for additional units the be added.
Location
State AZ
County Maricopa
Community Bonnie Brae
Zoning R-4
Interior
Heating Heat Pump
Cooling Individual
Flooring Vinyl
Appliance Microwave, Washer/Dryer
Exterior
Garage Paved Parking, >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type Paved Parking, >1 Space Per Unit
Total Parking Spaces 8
Building
Sewer Public Sewer
Water Irrigation, Master Meter
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 161-05-014-A
Acceptable Financing No Carry, Conventional
Listing Terms No Carry, Conventional
Financing Conventional
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