$1,600,000
$1,600,000
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526 W CULVER Street Phoenix, AZ 85003
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kenilworth Blks 1-6
MLS Listing ID 6298571
Sold Date 05/09/22
Maintenance Fees $2,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1928
Annual Tax Amount $2,448
Tax Year 2021
Lot Dimensions 9425 SqFt
Property Description
THE CULVER 6 is a newly renovated 6 unit multifamily complex with (4) 1- Bedroom/1-bath units and (2) Casita style Studios in the Roosevelt Historic District. Originally constructed in 1928,
All structures were taken down to the studs and redesigned. New electric panels, plumbing, sewer line, roof, A/C and tankless water heaters. All units have new custom cabinets, granite countertops, dual pane windows, flooring, stainless steel appliances, washer/dryers and resort style bathroom finishes. The one bedroom units have 14ft ceilings. The Studios are custom designed with built in Murphy bed suites. The Culver 6 consists of 2,378 sq ft of rental space. Minutes away from downtown Phoenix and easy access to the I-10 freeway.
Location
State AZ
County Maricopa
Community Kenilworth Blks 1-6
Zoning R-4
Direction Head east on W McDowell Rd, South on N 5th Ave, West on W Culver St. Property will be on the right.
Interior
Heating Individual, Electric, Natural Gas
Cooling Central A/C, Ceiling Fan(s)
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, Microwave, WasherDryer
Exterior
Parking Features Assigned, Common
Community Features No Pool
Roof Type See Remarks, Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Kenilworth Elementary School
Middle Schools Phoenix Coding Academy
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-31-023
Acceptable Financing No Carry, Conventional, 1031 Exchange
Listing Terms No Carry, Conventional, 1031 Exchange
Financing Conventional
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Bought with Grace CRE