Listing ID6360595
Price$675,000
StatusActive
CountyMaricopa
SubdivisionWORMSERS ADDITION BLOCK 4
Year Built1953
Property TypeMultifamily Residential
Property Sub TypeFour Plex
If you desire to obtain a stabilized 4 plex-HERE it is. New landscaping and a several other upgrades have been completed. ALL tenants have washers and dryers along with private backyards. Ceramic tile floors and Dual Pane windows. Buyer to verify ALL facts and figures.Washer and Dryer in each unitIndividually metered for ElectricIndividual Air ConditionersPrivate Fenced BackyardWood Grained Tile2 in faux wood blindsNew Landscaping
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
Jr. High School
William R Sullivan Elementary School
Lot Number
1
Map Code/Grid
Q33
Range
2E
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
47956.8
Annual Insurance Expense
1060
Annual Land Lease Expense
600
Annual Maintenance Expense
600
Annual Management Expense
2880
Annual Water/Sewer Expense
2400
Contingency Type
No
Financial Data Source
Projected Proforma, Provided by Owner
Gross Annual Scheduled Income
49440
Net Operating Income
39799
New Financing
1031 Exchange, Conventional, FHA, No Carry, VA
Operating Expense
8144
Owner Pays
Gas, Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment, Personal Property
Special Listing Conditions
Owner/Agent
Tax Municipality
Phoenix
Taxes
604
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
