$5,115,000
$5,495,990
6.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/24/2022
Key Details
Sold Price $5,115,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Orange Heights Lots 44, 45 & Tr A
MLS Listing ID 6379688
Sold Date 06/24/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $8,669
Tax Year 2021
Lot Dimensions 146x122
Property Description
Location, Location, Location!
813 Marlette Apartments sits directly in the middle of Uptown Phoenix just off the famed 7th Street Corridor and Restaurant Row. Situated on a quiet street still minutes away from great restaurants, Uptown Plaza, and easy freeway access points to SR51 and I-10.
The property has 14 units. Including (13) 2/2 units, and (1) is a 1/1 unit. It received a full remodel in 2020 with popular modern finishes. All the units include an in-suite washer and dryer. Several units have large outdoor backyards. The property has a new roof, windows, doors, security system, and more. The property has low maintenance desert-scape and a nice courtyard. Each unit is individually metered.
This is a rare and excellent investment in an A location that you don't want to miss!
Location
State AZ
County Maricopa
Community Orange Heights Lots 44, 45 & Tr A
Zoning R4
Direction North on 7th Street, East on Marlette to property on South side of street.
Interior
Heating Electric
Cooling Electric
Flooring Other
Appliance Dishwasher, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Garage Other (See Remarks)
Community Features No Pool
Waterfront No
Roof Type Other, See Remarks
Parking Type Other (See Remarks)
Building
Sewer Public Sewer
Water Master Meter
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 161-15-035-F
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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