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1505 E OAK Street Phoenix, AZ 85006
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Key Details
Sold Price $721,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ranchitos Bonitas Lots 1-4
MLS Listing ID 6733877
Sold Date 11/26/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1957
Annual Tax Amount $1,133
Tax Year 2023
Lot Dimensions 6788
Property Description
Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1509; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Location
State AZ
County Maricopa
Community Ranchitos Bonitas Lots 1-4
Zoning R-4
Direction Just south of Thomas and west of 16th Street.
Interior
Heating Individual, Electric
Cooling Individual, Heat Pump, Electric, Ceiling Fan(s)
Flooring Other, Vinyl
Appliance Other (See Remarks), BI Oven/Range, Microwave, Washer/Dryer
Exterior
Parking Features Other (See Remarks), Paved Parking, Free, Add'l Parking Avail, >1 Space Per Unit, Street Parking
Community Features Other, See Remarks, No Pool
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-18-105
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Other
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Bought with West USA Realty
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