Listing ID6384118
Price$995,000
StatusActive
CountyMaricopa
SubdivisionGREENFIELD ACRES TRACT 2
Year Built1971
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Great opportunity to own this delightful fourplex in one of the hottest areas in Phoenix! Located in Midtown which is a district that mixes historic buildings with hip & trending establishments! Each unit is individually metered. New Asphalt covered parking. Coin Op. Laundry, New landscaping and new exterior paint.Did we talk about the location? Is close to numerous restaurants & shopping centers. Don't miss this one!Exterior painting is still underway. Buyer to verify all facts and figures.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
GREENFIELD ACRES TRACT 2
Year Built
1971
Zoning
M-M
2 Bedroom Units
4
2 Bedroom Units: Number of Baths
1
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Ceiling Fan(s), Heat Pump, Individual
Floors
Ceramic Tile, Other
Heating
Heat Pump, Individual
Interior Amenities
Fire/Smoke Alarm(s)
Total Units
4
Construction
Block
Covered Parking Spaces
4
Exterior Amenities
Cable TV Available, Partially Fenced, Security Light(s), Separate Storage
Exterior Finish
Painted, Stucco
Lot Size Dimensions
irr
Roads/Streets
Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
Roofing
Foam
Total Parking Spaces
6
Country
USA
Cross Street
16th Street and Yale
High School District Number
210 - Phoenix Union High School District
Lot Number
35
Map Code/Grid
P35
Range
3E
School District
014 - Creighton Elementary District
Section
34
Township
2N
Community Amenities
No Pool, See Remarks
Electric
APS, Individual Meter
Entry Timestamp
2022-04-15T06:14:10+00:00
Gas
None
Marketing Name
Stable Fourplex
Owner Association
No
Sewer
Sewer - Public, Sewer-In & Connected
Vacancy Allowance
0.03
Water
City Franchise, Master Meter
Adjusted Gross Income
56842
Annual Insurance Expense
2400
Annual Landscape Expense
600
Annual Maintenance Expense
600
Annual Management Expense
4500
Annual Other Expense
600
Annual Water/Sewer Expense
2600
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
57600
Net Operating Income
44273
New Financing
Conventional, FHA, No Carry, VA
Operating Expense
12599
Other Income
1000
Owner Pays
Landscaping, Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment, Personal Property
Tax Municipality
Phoenix
Taxes
1299
Tenant Pays
Cable TV, Electric
Total Monthly Rental Income
4800
Contact - Listing ID 6384118
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
