Phoenix, AZ 85029,1519 W DESERT COVE Avenue
Phoenix, AZ 85029,1519 W DESERT COVE Avenue
Phoenix, AZ 85029,1519 W DESERT COVE Avenue
5
$430,000
$450,000
4.4%
Est.Price: ?

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1519 W DESERT COVE Avenue Phoenix, AZ 85029

Est. payment /mo
SOLD DATE : 04/05/2025

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Key Details

Sold Price $430,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Desert Cove Extension Lots 5-12, 21, 24-28

MLS Listing ID 6819664

Sold Date 04/05/25

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $929

Tax Year 2024

Lot Dimensions 115 X 60

Property Description

1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. Rents above include $71 monthly water reimbursement. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!

Location

State AZ

County Maricopa

Community Desert Cove Extension Lots 5-12, 21, 24-28

Zoning R-3

Interior

Heating Individual, Electric

Cooling Other, Electric

Flooring Other

Appliance Built-In Range, Refrigerator

Exterior

Parking Features Other, Paved

Community Features See Remarks, No Pool

Roof Type Other,Composition

Total Parking Spaces 3

Building

Sewer Other, Public Sewer

Water See Remarks, City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 159-14-004-C

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by R.O.I. Properties
Bought with R.O.I. Properties

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agent

Sergio Santizo

Agent | License ID: SA643772000

+1(480) 277-7606

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