Listing ID6215031
Sold For$382,000
StatusClosed
Sold Date8/17/2021
CountyMaricopa
SubdivisionTAYLOR TERRACE TRACT
Year Built1949
Property TypeMultiple Dwellings
This is a really nice duplex in North Phoenix. The bonus is there is a lot that may hold a smaller single family new build. Both units have been updated and it is fully occupied with Stable Tenants. Please look at the Document tab for the Due Diligence and under the photos is the virtual tour.
This property has been updated in 2020.
Buyer to verify all facts and figures.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
TAYLOR TERRACE TRACT
Year Built
1949
Zoning
[R-6] RESIDENTI
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
584
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
953
Cooling
Electric
Cooling
yes
Heating
Heat Pump
Heating
yes
Community Features
See Remarks, No Pool
Country
US
Directions
At the intersection go to Cave Creek Rd and go north to Mountain View RD
Turn East and property is on the south side of the road. The excess land sits on 12 Street.
Elementary School District
Washington Elementary District
General Property Description Elementary School District2
Washington Elementary District
General Property Description High School District
Glendale Union High School District
High School District
Glendale Union High School District
Postal City
Phoenix
Township
3N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Block, Frame - Wood
Electric
APS
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
8100
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
8100
Number Of Buildings
1
Number Of Units Total
2
Open Parking Spaces
8
Parking Features
>1 Space Per Unit
Parking Total
8
Road Surface Type
Gravel, Dirt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
3.00
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
28
1 Bedroom Units Avg Rent
950
2 Bedroom Units Avg Rent
1095
Cap Rate
4.2
Current Financing
Not Applicable
Disclosures
Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
Gross Income
22057.8
Gross Scheduled Income
22740
Insurance Expense
600
Listing Terms
No Carry, Conventional, FHA, VA Loan
Maintenance Expense
1000
Net Operating Income
16153
Operating Expense
5905
Owner Pays
Other, Trash Collection, Water, Sewer
Professional Management Expense
2206
Tax Annual Amount
599
Tax Book Number
159.00
Tax Lot
5
Tax Year
2020
Tenant Pays
Gas, Electricity
Water Sewer Expense
1500
Contact - Listing ID 6215031
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
