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16 E Madden Drive

Avondale, AZ 85323
  • $779,900
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 6311394
Price Reduced
UPDATED: 27 min ago
$779,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:

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.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-11-27T15:12:38.59.
www.yournextphoenixhome.com/homes/122692279
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16 E Madden Drive Avondale, AZ 85323

  • Price: $779,900
  • Status: Active
  • On Site: 35 Days
  • Updated: 27 min ago
  • MLS #: 6311394
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1935
Built
Neighborhood:
Whyman Sub Lots 8-11
County:
Maricopa
Area:
Avondale
Elementary School:
Michael Anderson
Middle School:
Michael Anderson
High School:
Desert Edge High School
School District:
044 - Avondale Elementary District
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.
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions Unk Parking Street Parking Roads Sidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 550 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling 2 Or More UnitsIndividualWindow/Wall Unit Efficiency Unit Avg Sq Ft 510 Efficiency Unit Baths 1 Floors Ceramic Tile Heating None Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 885.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 64626.60 Annual Ownr Asoc Fee 0.00 Community Amenities No PoolOtherSee Remarks Cross Street Dysart & Buckeye Efficiency Unit Avg Rent 685.00 Efficiency Units 3 Electric Aps Gas None Gross Annual Sch Inc 68028.00 Hoa YN No Net Operating Income 0.00 New Financing 1031 ExchangeConventional Operating Exp 1296.00 Other Income 0.00 Owner Pays ElectricLandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Unknown Special Owner/Agent Tax Municipality Avondale Taxes 1296.00 Tenant Pays None Vacancy Allowance 0.05 Water City Franchise Zoning R1-6

Listing courtesy of Stunning Homes Realty.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-11-27T15:12:38.59.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206