AZ > Phoenix > Village Meadow
Phoenix, AZ 85023,1905 W VILLAGE Drive
Phoenix, AZ 85023,1905 W VILLAGE Drive
Phoenix, AZ 85023,1905 W VILLAGE Drive
Phoenix, AZ 85023,1905 W VILLAGE Drive
Phoenix, AZ 85023,1905 W VILLAGE Drive
Phoenix, AZ 85023,1905 W VILLAGE Drive
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Nicole Richards

Nicole Richards

+1(503) 886-9156
$ 750,000
Est. payment | /mo
Save
$ 750,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Village Meadow

MLS Listing ID 6732203

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $1,455

Tax Year 2023

Lot Dimensions 88 x 154

Property Description

Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95,000 jobs within a 5-mile radius of the property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. 2 HVAC & water heaters replaced in November of 2024. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential,.

Location

State AZ

County Maricopa

Community Village Meadow

Zoning R-3

Direction From Bell, North on 19th Avenue to Village Drive, West to property on the South of the Street

Interior

Heating Electric

Cooling Electric, Ceiling Fan(s)

Flooring Other, Ceramic Tile

Appliance BI Oven/Range, Microwave, Washer/Dryer

Exterior

Parking Features Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit

Community Features No Pool

Roof Type See Remarks,Built-Up

Total Parking Spaces 9

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Village Meadows Elementary School

Middle Schools Deer Valley Middle School

High Schools Deer Valley High School

School District Deer Valley Unified District

Others

Senior Community No

Tax ID 208-07-080-C

Acceptable Financing 1031 Exchange, FHA, VA Loan

Listing Terms 1031 Exchange, FHA, VA Loan

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Marcus & Millichap

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Nicole Richards

REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000

+1(503) 886-9156

222 Commercial St NE, Salem, OR, 97301

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1905 W VILLAGE Drive