Listing ID6280864
Price$703,000
StatusActive
CountyMaricopa
SubdivisionNICELY PLACE
Year Built1985
Property TypeMultifamily Residential
Property Sub TypeTri-Plex
Rents are low due to the fact that the tenants have been there for a while. Tenant #1 Rent $797, Term 15 years. Tenant #2 Rent $797, Term 8 years. Tenant #3 Rent $797, Term 5 years. Tenants pay all the utilities. Tents are on a month to month lease. .All the units are 2 bedrooms 1 -1/2 bath. The 1 bathroom has only a shower and no bathtub. Lot is over a 1/4 acre. Close to down town and near the I-10
County
Maricopa
Property Sub Type
Tri-Plex
Property Type
Multifamily Residential
Subdivision
NICELY PLACE
Year Built
1985
Zoning
m-m
2 Bedroom Units
3
2 Bedroom Units: Average SqFt
996
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Heat Pump
Floors
Ceramic Tile
Heating
Heat Pump
Total Units
3
Construction
Frame - Wood
Exterior Finish
Painted, Stucco
Lot Size Dimensions
11378
Parking
1 Space/Unit, Add'l Parking Avail, Paved Parking
Roads/Streets
Asphalt
Roofing
Foam, Rolled
Total Parking Spaces
8
Country
USA
Cross Street
Camelback Road and 23rd Avenue
Elementary School
Westwood Primary School
High School
Central High School
High School District Number
210 - Phoenix Union High School District
Jr. High School
R E Simpson School
Lot Number
8
Map Code/Grid
P33
Range
2E
School District
008 - Osborn Elementary District
Section
24
Township
2N
Community Amenities
No Pool
Electric
SRP
Entry Timestamp
2021-08-18T13:03:32+00:00
Gas
None
Marketing Name
none
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
2 Bedroom Units: Average Rent
721
Adjusted Gross Income
34608
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
34608
Net Operating Income
34608
New Financing
Conventional, VA
Operating Expense
1659
Owner Pays
None
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
1659
Tenant Pays
Electric, Gas, Sewer, Trash, Water
Contact - Listing ID 6280864
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
