Address
203 E Lawrence Boulevard, Unit A-D Avondale, AZ
Price
$ 375,000
Property Attributes
  • MLS#6167540
  • TypeBackup
  • CountyMARICOPA
  • CityAvondale
  • NeighborhoodCasa Lomas Condominiums
  • Zip85323
  • Style
  • Year Built1982
  • Taxes259
  • Price$ 375,000
  • Bedrooms8
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage3168
Listing Provided Courtesy Of:
West USA Realty
Property Description

Multi-family 4-plex w/4 covered parking spaces. Each unit is 2 bed, 1 bath, 792 sq/ ft. with private, fenced patio and washer-dryer hook-up in secured storage area. Fridge, electric range, dishwasher in each unit. ALL FOUR UNITS LEASED; current monthly rent income: $3,100+. Lease dates are provided.New roof 2016. New patio fences 2019.Based on list price and expenses - Cap Rate runs around 8.1. One covered parking space per apartment is provided. Each unit is separately parceled to allow for future potential condos for sale vs apartments. Location is great for the rentals being near downtown Avondale, and near public transportation.

Middle School High School
Avondale Middle School Agua Fria High School
Price History
12/12/2020 Listed $340,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 788.25
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Brick
Cooling Heat Pump
Electric APS
Exterior Features Patio/Balcony, Separate Storage
Features No Pool
Heating Central, Electric
High School Agua Fria High School
Interior Features Fire/Smoke Alarm(s), Mini Blinds, Unfurnished, Vertical Blinds
Map Code/Grid Q29
Middle School Avondale Middle School
Net Income 27411.09
New Financing 1031 Exchange, Conventional, VA
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Assigned, Carport
Property Type F
Public Remarks Multi-family 4-plex w/4 covered parking spaces. Each unit is 2 bed, 1 bath, 792 sq/ ft. with private, fenced patio and washer-dryer hook-up in secured storage area. Fridge, electric range
Roof Comp Shingle
School District 044 - Avondale Elementary District
Sewer Sewer - Public
Status Active
Subdivision CASA LOMAS CONDOMINIUMS
Tenant Pays Electric, Other (See Remarks)
Unit Number A-D
Water City Franchise
Year Built 1982
Zoning R3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 4
2 Bedroom Units: Avg Sqft 792
Appliances Included Dishwasher, Disposal, F/S Oven/Range, Refrigerator, W/D Hookup
Floors Vinyl/Composition
Gas None
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 4.00
Lot Size Dimensions ..
Total Parking Spcs 4.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85323

Price
AVG $300K
$380K
Taxes
AVG $1,255
$259
Visits
AVG 58
31
Year Built
AVG 1991
1982
Walkscore
AVG 38
58
Data Provided by Walkscore ® not using MLS data