111 E TOWNLEY Avenue, Phoenix, AZ 85020
$239,900
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$239,900
Last Modified:
8/04/2025
Description
True turnkey investment! Owner spent tons of money making this fourplex sparkle. Two of four units were recently renovated. New roof installed in 2014. All AC units are in good working order. One new AC unit installed in 2017. Three of the four units have had the same tenant for 3+ years. This is a perfect income property. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. DRIVE BY ONLY.
More Information MLS# 5659560
Contract Info
Current Price: $239,900
Sold Price: $239,900
Status: Closed
List Date: 2017-09-13
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: M34
House Number: 111
Compass: E
Street Name: TOWNLEY
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2828
County Code: Maricopa
Subdivision: SUNNYSLOPE
Assessor Number: 160-50-117-A
Tax Year: 2016
General Property Description
Lot Size Dimensions: 6,250 sqft
Year Built: 1952
Uncvrd Parking Spcs: 5
Total # of Units: 4
# of Buildings: 1
Zoning: R-5
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Elementary School: Desert View Elementary School
Jr. High School: Royal Palm Middle School
High School: Sunnyslope High School
Remarks Misc
Cross Street: E Townley Ave and N 2nd St
Directions: West on Dunlap Ave from 7th st, south on 3rd st, west on Townley Ave, Intersection of N 2nd St and E Townley Ave
Geo Lat: 33.565763
Geo Lon: -112.072012
Status Change Info
Off Market Date: 2017-11-09
Under Contract Date: 2017-10-14
Close of Escrow Date: 2017-12-04
Sold Price: $239,900
Legal Info
Township: 3N
Range: 3E
Section: 32
Block: F
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 24924
Net Operating Income: 16481.8
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 519.25
Avg SqFt: 569
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition; Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Pet Restrictions; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Security Alarm(s); Vertical Blinds
Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; On Street; 1 Space/Unit; Add'l Parking Avail; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: August - 04 - 2025
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