Listing ID6360595
Price$750,000
StatusActive
CountyMaricopa
SubdivisionWORMSERS ADDITION BLOCK 4
Year Built1953
Property TypeMultifamily Residential
Property Sub TypeFour Plex
If you desire to obtain a very stablized 4 plex-HERE it is. New landscaping and a few other items have been completed. ALL tenants have washer and dryers along with private back yards. Buyer to verify ALL facts and figures. Washer and Dryers included in each unit, Individually metered for Electric, Air Conditioned, Stable Property w/long time tenants, Private fenced back yards, Wood Grain Tile, Dual pane windows.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
WORMSERS ADDITION BLOCK 4
Year Built
1953
Zoning
R-4
1 Bedroom Units
3
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
1
2 Bedroom Units: Number of Baths
1
Appliances Included
F/S Oven/Range, Refrigerator, Washer/Dryer
Cooling
2 or More Units, Central A/C, Electric, Individual, Window/Wall Unit
Floors
Ceramic Tile, Vinyl
Heating
Central, Electric, Heat Pump, Individual, Window/Wall Unit(s)
Interior Amenities
Fire/Smoke Alarm(s)
Other Type
Packaged Offering
Total Units
4
Construction
Block, Frame - Wood
Covered Parking Spaces
1
Exterior Amenities
Fenced
Exterior Finish
Painted, Stucco
Lot Size Dimensions
69 x 113
Parking
1 Space/Unit, Carport, Street Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
5
Country
USA
Cross Street
33rd Avenue and McDowell
Elementary School
William R Sullivan Elementary School
High School
Carl Hayden High School
High School District Number
210 - Phoenix Union High School District
Jr. High School
William R Sullivan Elementary School
Lot Number
1
Map Code/Grid
Q33
Range
2E
School District
021 - Murphy Elementary District
Section
11
Township
1N
Community Amenities
No Pool
Electric
APS, Individual Meter
Entry Timestamp
2022-02-25T13:47:41+00:00
Gas
Individual Meter, SW Gas
Marketing Name
Fourplex
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.03
Water
Individual Meter
1 Bedroom Units: Average Rent
833
2 Bedroom Units: Average Rent
1100
Adjusted Gross Income
46269
Annual Insurance Expense
1060
Annual Land Lease Expense
600
Annual Maintenance Expense
600
Annual Management Expense
3701
Annual Water/Sewer Expense
2400
Contingency Type
No
Financial Data Source
Projected Proforma, Provided by Owner
Gross Annual Scheduled Income
47700
Net Operating Income
37269
New Financing
1031 Exchange, Conventional, FHA, No Carry, VA
Operating Expense
9000
Owner Pays
Gas, Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment
Special Listing Conditions
Owner/Agent
Tax Municipality
Phoenix
Taxes
639
Tenant Pays
Cable TV, Electric
Total Monthly Rental Income
3875
Contact - Listing ID 6360595
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
