822 E Rose Lane, Phoenix, AZ 85014
- $1,050,000
- Sold Price
- $1,050,000
- List Price
- $1,050,000
- Closing Date
- Jun 28, 2024
- Days on Market
- 126
- Status
- CLOSED
- MLS#
- 6670257
- City
- Phoenix
- Year Built
- 1960
Property Description
Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers. Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.
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Additional Information
- School District
- Phoenix Union High School District
- Community Features
- No Pool
- Construction
- Wood Frame, Painted, Stucco, Block
- Cooling
- Ceiling Fan(s), Electric, Individual
- Electric
- SRP
- Flooring
- Ceramic Tile, Vinyl
- Heating
- Individual
- New Financing
- Conventional, 1031 Exchange
- Parking Features
- Add'l Parking Avail, >1 Space Per Unit, On Street, Carport
- Roofing
- Composition
- Sewer
- Public Sewer
- Taxes
- $2,371
- Tax Year
- 2023
- Units
- 4
- Water
- City Franchise
- Zoning
- R-3
Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: West USA Realty.
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