Listing ID6215552
Sold For$410,000
StatusClosed
Sold Date4/21/2021
CountyMaricopa
SubdivisionHighland Addition Lots 93-102
Year Built1916
Property TypeMultiple Dwellings
Great opportunity to buy 3-plex in central Phoenix. All units are currently rented with tenants in place.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
Highland Addition Lots 93-102
Year Built
1916
Zoning
R-3
1 Bedroom Units Avg SqFt
500
Cooling
Central A/C
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
10th Street and Roosevelt south to McKinley, east to property on north side.
Elementary School
Garfield School
Elementary School District
Phoenix Elementary District
General Property Description Elementary School
Garfield School
General Property Description Elementary School District2
Phoenix Elementary District
General Property Description High School
North High School
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Edison Elementary School
High School
North High School
High School District
Phoenix Union High School District
Middle Or Junior School
Edison Elementary School
Postal City
Phoenix
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Block
Electric
City Electric
General Property Description # of Buildings
2
General Property Description Lot Size Dimensions
0.16
General Property Description Total # of Units
3
General Property Description Uncvrd Parking Spcs
3
Lot Size Dimensions
0.16
Number Of Buildings
2
Number Of Units Total
3
Open Parking Spaces
3
Parking Features
Street Parking
Parking Total
3
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
1 Bedroom Units Avg Rent
850
Cap Rate
6.11
Disclosures
Seller Prop Disc Stm
Gross Income
30600
Gross Scheduled Income
30600
Insurance Expense
417
Listing Terms
Conventional, FHA
Net Operating Income
26201
Operating Expense
4399
Owner Pays
None
Tax Annual Amount
787
Tax Book Number
116.00
Tax Lot
93102
Tax Year
2020
Tenant Pays
Gas, Electricity, Water
Water Sewer Expense
3195
Contact - Listing ID 6215552
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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