2726 E Tierra Buena Lane new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85032
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6869954
Maintenance Fees $1,500
Year Built 1987
Annual Tax Amount $1,153
Tax Year 2024
Lot Dimensions 0.22
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Advantageously placed just west of State Route 51, Tierra Buena (''the property'') is a 4-unit apartment community located just east of the Cave Creek Road and Greenway Parkway intersection, deep inside the expanding Northeast Phoenix submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Included in those nearby destinations are some of the largest employment corridors in Arizona. The I-17 / Deer Valley and Scottsdale Airpark employment corridors are reachable within a 10-minute drive, and the Biltmore employment district is less than 15 minutes away. In addition to powerful job opportunities, the surrounding landscape is also flush with countless dining, shopping, and entertainment options. Desert Ridge, Scottsdale Quarter, and the Biltmore Area, each hold highly sought after nighttime experiences, including restaurants, bars, and retail stores.
Built in 1987, Tierra Buena is entirely comprised of two-bedroom, two-bathroom floorplans covering 900 square feet. Future ownership will have the opportunity to upgrade the interiors of the 2 remaining classic units and capitalize on the associated rental premium already proven out at the property.
Location
State AZ
County Maricopa
Zoning R-5
Interior
Heating Individual,Electric
Cooling Electric,Individual
Flooring Vinyl
Appliance Dishwasher,Refrigerator,Free-Standing Electric Oven,Microwave,W/D Hookup
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Foam
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 214-40-252
Acceptable Financing Conventional,1031 Exchange,FHA
Listing Terms Conventional,1031 Exchange,FHA