Listing ID6215210
Sold For$523,000
StatusClosed
Sold Date6/18/2021
CountyMaricopa
SubdivisionMOUNTAIN HOME TRACT LOTS 1 THRU 4 15 16 25 THRU 32
Year Built1964
Property TypeMultiple Dwellings
This block constructed 4plex is situated in a highly desirable area on a quiet street w/ mountain views, 2 car carport & vaulted ceilings! There are 4, 1 bed/1 bath units. The all rented out building has long term tenants w/ 3 units on a month to month. Owner has 2 storage units & each tenant has own storage in detached building. Owned coin operated washer & dryer in separate laundry room that generates add'l monthly income. Electric has been upgraded & permitted to individual meters in 2017. New 30 year roof w/ transferable warranty done w/ Brown Roofing 2021. All units central AC's replaced 2-3 years w/ warranty transfers. Low maintenance desert landscaping with community bus access. All low flow showers & toilets! DO NOT DISTURB TENANTS!
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
MOUNTAIN HOME TRACT LOTS 1 THRU 4 15 16 25 THRU 32
Year Built
1964
Zoning
Mulit Family Re
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
500
Cooling
Central A/C, ENERGY STAR Qualified Equipment
Cooling
yes
Heating
Central, ENERGY STAR Qualified Equipment
Heating
yes
Community Features
No Pool
Country
US
Directions
From Hwy 51 and Northern proceed East on Northern and make a right on N 12th St. Turn Right onto Mountain View Road, make a left on 15th St and destination is on the left.
Elementary School
Sunnyslope Elementary School
Elementary School District
Washington Elementary District
General Property Description Elementary School
Sunnyslope Elementary School
General Property Description Elementary School District2
Washington Elementary District
General Property Description High School
Sunnyslope High School
General Property Description High School District
Glendale Union High School District
General Property Description Jr High School
Sunnyslope Elementary School
High School
Sunnyslope High School
High School District
Glendale Union High School District
Middle Or Junior School
Sunnyslope Elementary School
Postal City
Phoenix
Township
3N
Water Source
City Franchise, Master Meter
Attached Garage
no
Construction Materials
Painted, Block
Covered Spaces
2
Electric
APS
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
9,026
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
3
Lot Size Dimensions
9,026
Number Of Buildings
1
Number Of Units Total
4
Open Parking Spaces
3
Parking Carport
1
Parking Features
Common
Parking Total
5
Road Surface Type
Asphalt
Roof
Composition
Sewer
Sewer-In & Connected, Public Sewer
Buyer Agency Compensation
3.00
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
28
1 Bedroom Units Avg Rent
650
Cap Rate
5.48
Disclosures
None
Gross Income
31200
Gross Scheduled Income
31200
Listing Terms
Conventional, FHA, VA Loan
Net Operating Income
28704
Operating Expense
862
Owner Pays
Gas, Trash Collection, Water, Sewer
Tax Annual Amount
862
Tax Book Number
159.00
Tax Lot
48
Tax Year
2020
Tenant Pays
Electricity
Contact - Listing ID 6215210
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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