$1,870,000
$1,980,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
6801 N 17TH Avenue N Phoenix, AZ 85015
Key Details
Sold Price $1,870,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Maryland Sands 1 Lots 11-34
MLS Listing ID 6028452
Sold Date 03/05/20
Maintenance Fees $5,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1966
Annual Tax Amount $4,350
Tax Year 2019
Lot Dimensions 181 x 150
Property Description
Seven of the units at Agave have gone through extensive interior renovations (approximately$25,000 per unit in capital expense). Additionally, the landscaping, windows,sliders, security gating and
lighting systems have all been updated in 2019.
Agave is located 0.25 miles from a Fry's-anchored
retail center and the Valley Metro Light Rail, 1.5
mile from Abrazo CentralCampus and Christown
Spectrum Mall and centrally located between the
I-17 Deer Valley Corridor, Camelback and Central
Avenue Corridor.
New ownership will have the opportunity to renovate the remaining four classic units and bring them up to market
rents benefiting from a$250 renovation premium.
Further, new ownership can incorporate a utility
recapture of $35 per unit based on market comps.
Location
State AZ
County Maricopa
Community Maryland Sands 1 Lots 11-34
Zoning R-4
Direction Glendale Ave to 17th Ave, South to property
Interior
Heating Individual
Cooling Central A/C, Individual, Ceiling Fan(s)
Flooring Other
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Parking Features Common
Community Features No Pool
Roof Type See Remarks, Foam
Total Parking Spaces 18
Building
Sewer Public Sewer
Water Master Meter
New Construction No
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 156-44-014
Financing Other
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Bernadette Rodriguez
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