Listing ID6277038
Sold For$812,000
StatusClosed
Sold Date9/27/2021
CountyMaricopa
SubdivisionVISTA INCOME ESTATES UNIT 5
Year Built1963
Property TypeMultiple Dwellings
5 units for sale in Central Phoenix. One house, 2 bedroom/1 bath and four 2 bedroom/1 bath apartments.1 parcel, commercial financing or cash. Lush, irrigated lot. Master metered for water. Individually metered for electric and gas. Units moderately updated, house has private yard. Onsite laundry. Professionally managed, owner occupant possibility. Buyer to verify all facts and figures.
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
VISTA INCOME ESTATES UNIT 5
Year Built
1963
Zoning
R-3
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
819
Cooling
Central A/C, Individual, Electric
Cooling
yes
Heating
Individual, Natural Gas
Heating
yes
Community Features
No Pool
Country
US
Elementary School
Washington Elementary School - Phoenix
Elementary School District
Washington Elementary District
General Property Description Elementary School
Washington Elementary School - Phoenix
General Property Description Elementary School District2
Washington Elementary District
General Property Description High School
Washington High School
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Palo Verde Middle School
High School
Washington High School
High School District
Phoenix Union High School District
Middle Or Junior School
Palo Verde Middle School
Postal City
Phoenix
Township
2N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Block, Frame - Wood
Covered Spaces
1
Electric
SRP
General Property Description # of Buildings
3
General Property Description Lot Size Dimensions
97X176
General Property Description Total # of Units
5
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
97X176
Number Of Buildings
3
Number Of Units Total
5
Open Parking Spaces
8
Parking Assigned
1
Parking Carport
1
Parking Features
Paved Parking, Assigned, >1 Space Per Unit, Common
Parking Total
9
Road Surface Type
Asphalt
Roof
Composition, Built-Up
Sewer
Public Sewer
Buyer Agency Compensation
2.25
Mls Status
Closed
Public Survey Range
2E
Public Survey Section
1
2 Bedroom Units Avg Rent
900
Cap Rate
4.28
Disclosures
Seller Prop Disc Stm, APOD/Backup Avaible
Electric Expense
557
Fuel Expense
287
Gardener Expense
2020
Gross Income
53125.8
Gross Scheduled Income
53988
Insurance Expense
1450
Listing Terms
Conventional
Maintenance Expense
1149
Net Operating Income
35331
Operating Expense
17807
Other Expense
937
Owner Pays
Trash Collection, Water, Sewer, Landscaping
Professional Management Expense
5314
Tax Annual Amount
1690
Tax Book Number
157.00
Tax Lot
74
Tax Year
2020
Tenant Pays
Gas, Electricity, Cable TV
Trash Expense
1480
Water Sewer Expense
2871
Contact - Listing ID 6277038
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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