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920 E Montebello Avenue

Phoenix, AZ 85014
  • $1,995,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 6401837
Price Reduced
UPDATED: 52 min ago
$1,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Ratings & Info

Description

Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.

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Arizona Regional MLS logo© 2022 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-25T09:21:11.79.
www.yosthomes.com/homes/128859763
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920 E Montebello Avenue Phoenix, AZ 85014

  • Price: $1,995,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 52 min ago
  • MLS #: 6401837
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1957
Built
Neighborhood:
Montgomery Acres
County:
Maricopa
Area:
Phoenix
School District:
038 - Madison Elementary District
Property Description
Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Other (See Remarks) Lot Size Dimensions 11892 Parking 1 Space/UnitStreet Parking Roads Concrete Roofing Foam

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 1000 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling See Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl Heating See Remarks

Property Features

1 Bedroom Unit Avg Rent 1400.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 2000.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Ownr Asoc Fee 0.00 Community Amenities Other Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Other (See Remarks) Operating Exp 3116.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Tax Municipality Phoenix Taxes 3116.00 Tenant Pays Electric Vacancy Allowance 0.00 Water Master Meter Zoning R-3

Arizona Regional MLS logo Listing provided by Abi Multifamily: (602) 714-1400.


Arizona Regional MLS logo© 2022 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-25T09:21:11.79.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122