1553 W MERCER Lane
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $575,000

    Listing View6
    Like Count-
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    1553 W MERCER Lane,

    Phoenix, AZ 85029

    Welcome to your future investment! This 4 plex has been beautifully remodeled new paint, new appliances, new flooring, baseboards, New kitchens and bathrooms.The outside futures a nice patio back yard with Balconies to view the mountains! It has a cap rate of 7%! this four plex is 100% occupied, each of the units are rented at 1150 a month.The hoa which takes care of the outside maintenance, community pool and the roofs which is 485 a month.,,this a pure gold mine!...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 625,000
    Listing Date: 01/30/2020
    Days on dealty:Was on Dealty for 208 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:1984
    Has HOA:Yes
    Status Change Date:August 25, 2020
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: Steel Frame, Wood Frame, Painted, Stucco
    • Roof: Rolled/Hot Mop
    Flooring
    • Ceramic Tile
    Interior Spaces
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    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Central Air
    • Heating - Central, Electric
    • Water Source : City Franchise
    • Sewer Information : Public Sewer
    Laundry
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    Parking
    • Parking Features: 1 Space/Unit, Carport
    • Garage Spaces: 0
    • Covered Spaces: 4
    • Parking Spaces: 1

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    HistoryFinancial History

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    Listing Finances
    • Tax Lot 18
    • Parcel Number 159-14-084
    Communications
    • Built by: ********
    Price History
    DateActionPrice
    24/08/2020Resale
    $575,000
    12/11/2019Resale
    $360,000
    12/11/2019Resale
    $300,000
    12/11/2019Resale
    $287,500
    08/09/2005Resale
    $335,000
    22/03/2004Resale
    $218,000
    01/11/2002Resale
    $195,000
    06/05/1999New Construction
    $157,500

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Washington Elementary District
    • Glendale Union High School District
    Neighborhood
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    NeighborhoodExplore The Area

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    AgentListing Agent

    Agent
    Manuel Arellano

    (My Home Group Real Estate)

    MLS # 6030583

    1553 W MERCER Lane

    Phoenix, AZ 85029

    $575,000
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/1553-w-mercer-lane-phoenix-az-85029
    Year Built
    1984
    Garage
    1

    Welcome to your future investment! This 4 plex has been beautifully remodeled new paint, new appliances, new flooring, baseboards, New kitchens and bathrooms. The outside futures a nice patio back yard with Balconies to view the mountains! It has a cap rate of 7%! this four plex is 100% occupied, each of the units are rented at 1150 a month. The hoa which takes care of the outside maintenance, community pool and the roofs which is 485 a month.,,this a pure gold mine!

    AGENT CONTACT
    Manuel Arellano
    My Home Group Real Estate

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.