Phoenix, AZ 85014,822 E Rose Lane
Phoenix, AZ 85014,822 E Rose Lane
Phoenix, AZ 85014,822 E Rose Lane
Phoenix, AZ 85014,822 E Rose Lane
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$1,050,000

$1,050,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/28/2024

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6670257

Sold Date 06/28/24

Maintenance Fees $2,500

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1960

Annual Tax Amount $2,371

Tax Year 2023

Lot Dimensions 0.29

Property Description

Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers.

Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.

Location

State AZ

County Maricopa

Zoning R-3

Interior

Heating Individual

Cooling Individual, Electric, Ceiling Fan(s)

Flooring Ceramic Tile, Vinyl

Appliance F/S Oven/Range, Microwave

Exterior

Parking Features Add'l Parking Avail, >1 Space Per Unit, Street Parking, Common

Community Features No Pool

Roof Type Composition

Total Parking Spaces 8

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 161-15-068-G

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Marcus & Millichap
Bought with West USA Realty

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agent
Temple Blackburn

Partner | Lic# SA109435000

+1(602) 410-1313

10625 N Tatum Blvd D - 101 Phoenix, AZ 85028

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