$430,000
$450,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
6,900 Sqft Lot
SOLD DATE : 04/10/2025
Key Details
Sold Price $430,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Desert Cove Extension Lots 5-12, 21, 24-28
MLS Listing ID 6811485
Sold Date 04/10/25
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1970
Annual Tax Amount $929
Tax Year 2024
Lot Size 6,900 Sqft
Acres 0.16
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. 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 M-M, R-3
Direction South on 19th Ave to Desert Cove, East to the property.
Interior
Heating Other, Electric
Cooling Other
Flooring Other
Exterior
Parking Features Other, Paved
Fence Other
Roof Type Other,Composition
Total Parking Spaces 3
Building
Sewer Other, Public Sewer
Water Other, City Franchise
New Construction No
Others
Senior Community No
Tax ID 159-14-004-C
Financing Other
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