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525 E Main St
Avondale, AZ 85323
Multifamily Property For Sale
·
3 Units
Executive Summary
Prime Mixed-use opportunity with these C-2 / R-3 parcels. 3 parcels being sold together. Parcel 500-43-178 C-2 zoned (39,929 sq ft.) / Parcel 500-53-134B (11,339 sq ft.) and Parcel 500-53-134A (11,340 sq ft.) are R-3 residential / multi-family zoned. Two occupied residences which have been fully updated this year. Two new tenants in place on new leases. Huge opportunity to build additional units. Water and power in available to all three parcels. Great street frontage and access to nearby amenities.
Property Facts
| Price Per Unit | $431,555 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.44 AC |
| No. Units | 3 | Building Size | 1,176 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1945 |
| Apartment Style | Garden | Parking Ratio | 15.31/1,000 SF |
| Zoning | C-2.R-3 - Front Parcel: Avondale City Zoning C2 (Community Commercial) Two rear parcels: R-3 (Multi-family Residential) | ||
| Price Per Unit | $431,555 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 1,176 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 15.31/1,000 SF |
| Zoning | C-2.R-3 - Front Parcel: Avondale City Zoning C2 (Community Commercial) Two rear parcels: R-3 (Multi-family Residential) |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $954.97 CAD | 456 |
| 2+1 | 1 | $1,364 CAD | 720 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $7,905 CAD | Total Assessment | $17,815 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,905 CAD
Improvements Assessment
$0 CAD
Total Assessment
$17,815 CAD
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