Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Rowlett Manor Lot 1
MLS Listing ID 6955610
Year Built 1985
Annual Tax Amount $7,970
Tax Year 2025
Lot Dimensions 124.98*196.64
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.
Location
State AZ
County Maricopa
Community Rowlett Manor Lot 1
Area Maricopa
Zoning R-4
Interior
Heating Electric
Cooling Central Air, Electric
Flooring Flooring
Appliance Refrigerator, Free-Standing Electric Oven
Exterior
Parking Features >1 Space Per Unit
Community Features Other
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 154-14-131
Acceptable Financing Other (See Remarks)
Disclosures Other (See Remarks)
Listing Terms Other (See Remarks)
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