Address
506 E Townley Avenue Phoenix, AZ
Price
$ 524,888
Property Attributes
  • MLS#6059048
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • Zip85020
  • Style
  • Year Built2007
  • Taxes2134
  • Price$ 524,888
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3810
Listing Provided Courtesy Of:
eXp Realty
Property Description

Amazing cash flow and great multi family units 8 bedrooms/ 4 bathrooms plus 2 half baths investment opportunity! Very rare and desirable units! Each units is 4 bedroom 2.5 bath and each unit has a fenced yard. The interiors have been completely remodeled less than a year ago. Everything is new! Flooring, paint, stainless steel appliances, fixtures, cabinets , countertops and AC units! Washer and dryers in each unit! Each unit has a private 2 car garage attached! Minutes from the 51! All Units are rented. Very low vacancy, easy to rent and easy to manage. NO HOA! Great cap rate!

Elementary School Middle School High School
Sunnyslope Elementary School Royal Palm Middle School Washington High School
Price History
3/31/2020 Listed $550,000
3/31/2020 1% - $549,888
4/6/2020 3% - $534,888
4/27/2020 2% - $524,888

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 1698.00
4 Bedrooms Units: Avg Sqft 1905
Construction Frame - Wood
Elementary School Sunnyslope Elementary School
Features No Pool
High School Washington High School
Map Code/Grid M34
Middle School Royal Palm Middle School
Net Income 40740.00
New Financing Conventional, FHA
Owner Pays Sewer, Trash Collection, Water
Parking Garage
Property Type F
School District 006 - Washington Elementary District
Status Active
Tenant Pays Cable TV, Electric
Year Built 2007
Zoning MF

Interior Features

4 Bedrooms Units: # 4 Bedroom Units 2
4 Bedrooms Units: # Baths 2
Appliances Included Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Cooling Central A/C
Electric APS
Floors Carpet, Wood
Gas None
Heating Electric
Interior Features Fire Sprinklers, Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
Total Number of Units 2.00

Exterior Features

Sale Includes Land & Building
Const - Finish Stucco
Covered Parking Spcs 4.00
Exterior Features Fenced
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 8.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85020

Price
AVG $670K
$520K
Taxes
AVG $1,617
$2,134
Visits
AVG 51
44
Year Built
AVG 1981
2007

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