$1,500,000
$1,725,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
1536 W MULBERRY Drive Phoenix, AZ 85015
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision College Homes
MLS Listing ID 6146122
Sold Date 02/19/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $4,169
Tax Year 2020
Lot Dimensions rectangular
Property Description
A fantastic value add investment opportunity with 3 separate , individual single level triplexes totaling 9 units 1536, 1540 and 1612 W Mulberry Dr in the North Encanto neighborhood of Midtown Phoenix. The charming properties with brick veneer exteriors, features identical 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. Further 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 See pro forma in attachment with renovation premium
Location
State AZ
County Maricopa
Community College Homes
Zoning R3
Direction 15th Ave south of Osborn , West on Mulberry Drive
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, Composition, Tile
Total Parking Spaces 9
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 110-27-014
Financing Conventional
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Bought with SRL Group