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8361 W MADISON Street Peoria, AZ 85345
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Key Details
Sold Price $730,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Peoria Blks 18, 20-23, 29-32
MLS Listing ID 6627469
Sold Date 01/24/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $631
Tax Year 2022
Lot Dimensions 141.90x52.96
Property Description
Nestled in the heart of Historic Old Town Peoria, this delightful home offers three immaculately updated units for your consideration. The property presents an exceptional opportunity to reside in one unit and generate income by renting out the remaining two, effectively covering your mortgage. Each unit has been thoughtfully revitalized with new flooring, windows, kitchens, and bathrooms - all of which are designed to provide the utmost comfort and convenience. Furthermore, every unit boasts its own laundry area and community storage, exemplifying the property's exceptional value proposition. Notably, Unit C benefits from a newer roof, while Units B and C have been outfitted with newer mini-splits for added comfort.
Location
State AZ
County Maricopa
Community Peoria Blks 18, 20-23, 29-32
Zoning CRM
Direction Head west off Grand on 85th Ave to Madison then East on Madison. Property is on the South side.
Interior
Heating Electric
Cooling Central A/C, Individual
Flooring Ceramic Tile
Appliance F/S Oven/Range, Washer/Dryer
Exterior
Parking Features Street Parking, Common
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Peoria Unified School District
Others
Senior Community No
Tax ID 142-41-096
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Other
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Bought with Berkshire Hathaway HomeServices Arizona Properties