Phoenix, AZ 85004,502 E WILLETTA Street
Phoenix, AZ 85004,502 E WILLETTA Street
Phoenix, AZ 85004,502 E WILLETTA Street
12
$1,120,000
$1,300,000
13.8%
Est.Price: ?

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502 E WILLETTA Street Phoenix, AZ 85004

Est. payment /mo
SOLD DATE : 06/28/2023

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Key Details

Sold Price $1,120,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision East Evergreen Addn Blks 13 14 19 20

MLS Listing ID 6536537

Sold Date 06/28/23

Maintenance Fees $2,700

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1951

Annual Tax Amount $1,293

Tax Year 2022

Lot Dimensions unk

Property Description

Highly sought after Central Phoenix multifamily property consisting of 2 duplexes each with its own water line for a total of 3500 sqft on a 13,000 sqft lot with unobstructed views of the City Skyline, this property offers entry into one of the valley's top tier rental submarket. Each unit just over 800 sqft HVAC system approx 3 years old, upgrades to electrical, kitchens and baths, each unit comes with a 1 car garage. Within walking distance to Banner Medical Center and a bike ride away from ASU Downtown this property offers a multitude of opportunities, property has a mix use zoning and has the potential to be a development project. Six new midrise and high rise multi-family projects already under construction all within 2 miles of the property. The lot across the street at 340 E Willetta is under contract for over 900k, with plans to build a 25 unit complex.

Location

State AZ

County Maricopa

Community East Evergreen Addn Blks 13 14 19 20

Zoning mix use

Direction West to 5th street south to subject property

Interior

Heating Electric

Cooling Central A/C, Electric, Ceiling Fan(s)

Flooring Concrete

Appliance Refrigerator, WasherDryer

Exterior

Garage Paved Parking

Community Features No Pool

Waterfront No

Roof Type Tile

Total Parking Spaces 6

Garage Yes

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-37-051

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by HomeSmart
Bought with HomeSmart

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Stacey Tomasello

Agent | License ID: SA623485000

+1(480) 694-5579

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