Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6972550
Maintenance Fees $7,033
Year Built 1958
Annual Tax Amount $2,723
Tax Year 2025
Lot Dimensions 0.26
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Completed in 1958, and fully renovated in 2023, Villa at Melrose is comprised of 4 one-bedroom (50%) and 4 two-bedroom (50%) floorplans, offering an average of ±675 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers (select units). In addition, the entire community exterior and common area has been upgraded including new landscaping, exterior paint, common area, and roof. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-3
Interior
Heating Individual
Cooling Individual
Flooring Vinyl
Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Parking Features 1 Space/Unit, On Street
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 155-39-093-G
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
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