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Jeff Dial

jd@jeffdial.com +1(480) 900-9180

$ 575,000

Est. payment | -/mo

6 Beds

Save

$ 575,000

Est. payment | -/mo

Save

6 Beds

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Bumbalow Heights Blk 1

MLS Listing ID 7069832

Bedrooms 6

Maintenance Fees $800

Year Built 2004

Annual Tax Amount $1,324

Tax Year 2025

Lot Dimensions 24788 SF

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

Location

State AZ

County Maricopa

Community Bumbalow Heights Blk 1

Area Maricopa

Zoning R-4

Interior

Heating Individual, Electric

Cooling Central Air, Electric, Individual

Flooring Tile

Appliance Disposal, Refrigerator, Free-Standing Electric Oven, Washer/Dryer, W/D Hookup

Exterior

Exterior Feature Sidewalk(s)

Parking Features Paved, >1 Space Per Unit

Community Features See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-08-039

Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange, FHA, VA Loan

Listed by Marcus & Millichap • Christopher Paul Bay

Nearby School & Business

+1(480) 900-9180

jd@jeffdial.com

17550 N Perimeter Dr # 100, Scottsdale, AZ 85255, United States

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2142 E McKinley Street Phoenix, AZ 85006