Listing ID6267046
Sold For$549,900
StatusClosed
Sold Date11/10/2021
CountyMaricopa
SubdivisionSOUTH COUNTRY CLUB MANOR
Year Built1950
Property TypeMultiple Dwellings
Clean duplex in a great neighborhood with two, 2-bedroom units, each with own its garage. Front unit is month to month paying $1,000/ month, seller currently occupies the 2nd unit. Seller replaced the sewer line in 2020 plus the underground plumbing in his unit. Back unit has been completely remodeled with new dual pane windows, cabinets and quartz counters, tile surround shower, tile flooring throughout, new fixtures and trim. Property also includes 20x30 brick storage building / garage with roll up door that could be converted to a 3rd unit, floorplan drawing attached in the documents section. Backyard could be fenced off so each unit could have a private yard. Neighborhood demands high rents for the area which can make for a great investment return & option to live in one, rent the ot
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
SOUTH COUNTRY CLUB MANOR
Year Built
1950
Zoning
Multifamily
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
692
Cooling
Central A/C, Individual
Cooling
yes
Heating
Individual, Central, Electric, Natural Gas
Heating
yes
Community Features
No Pool
Country
US
Directions
South on 12th St to Virginia Ave., East on Virginia, property on North side of the street.
Elementary School
Phoenix Prep Academy
Elementary School District
Phoenix Elementary District
General Property Description Elementary School
Phoenix Prep Academy
General Property Description Elementary School District2
Phoenix Elementary District
General Property Description High School
Phoenix Prep Academy
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Phoenix Prep Academy
High School
Phoenix Prep Academy
High School District
Phoenix Union High School District
Middle Or Junior School
Phoenix Prep Academy
Postal City
Phoenix
Township
2N
Water Source
City Franchise, Master Meter
Attached Garage
yes
Construction Materials
Painted, Brick
Covered Spaces
4
Electric
APS, Individual Meter
Garage
yes
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
62.44' x 119.34'
General Property Description Total # of Units
2
Lot Size Dimensions
62.44' x 119.34'
Number Of Buildings
1
Number Of Units Total
2
Parking Attached
1
Parking Features
Free, Attached, 1 Space/Unit
Parking Free
1
Parking Garage
1
Parking Total
4
Road Surface Type
Asphalt
Roof
Composition
Sewer
Sewer-In & Connected, Public Sewer
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
33
2 Bedroom Units Avg Rent
1000
Cap Rate
1.64
Disclosures
Seller Prop Disc Stm
Gross Income
12000
Gross Scheduled Income
12000
Insurance Expense
904
Listing Terms
No Carry, Conventional, FHA, VA Loan
Net Operating Income
9040
Operating Expense
2960
Owner Pays
Trash Collection, Water, Sewer
Tax Annual Amount
736
Tax Block
1
Tax Book Number
117.00
Tax Lot
120
Tax Year
2020
Tenant Pays
Gas, Electricity, Cable TV
Water Sewer Expense
1320
Contact - Listing ID 6267046
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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