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Loving Phoenix Team | Real Broker
1905 W Village Drive, Phoenix, AZ 85023
- $710,000
- Sold Price
- $710,000
- List Price
- $750,000
- Closing Date
- Mar 03, 2025
- Days on Market
- 209
- Status
- CLOSED
- MLS#
- 6732203
- City
- Phoenix
- Subdivision
- Village Meadow
- Year Built
- 1970
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,.
Additional Information
- Elementary School
- Village Meadows Elementary School
- High School
- Deer Valley High School
- Middle School
- Deer Valley Middle School
- School District
- Deer Valley Unified District
- Community Features
- No Pool
- Construction
- Brick Veneer, Steel Frame, Wood Frame, Block
- Cooling
- Ceiling Fan(s), Electric
- Electric
- APS
- Flooring
- Other, Ceramic Tile
- Heating
- Electric
- New Financing
- 1031 Exchange, FHA, VA Loan
- Parking Features
- Paved, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
- Roofing
- Other, Built-Up
- Sewer
- Public Sewer
- Subdivision
- Village Meadow
- Taxes
- $1,455
- Tax Year
- 2023
- Units
- 4
- Water
- City Franchise
- Zoning
- R-3
Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: Marcus & Millichap.
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