Listing ID6390979
Price$2,600,000
StatusActive
CountyMaricopa
SubdivisionWORMSERS ADDITION BLOCK 4
Year Built1963
Property TypeMultifamily Residential
Property Sub Type13 - 24 Units
iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix, the property features (20) 2 bed / 1 bath units that average 573sf.Inside, the units were extensively remodeled in 2008 with all new kitchen cabinets, marble counter tops and all new copper plumbing.iiOn the exterior, the roof and air conditioning units were replaced. Fenced courtyards provide a private and secure area for the tenants to use. Each unit has 1 parking space.The property is individually metered for electricity. Gas and water/sewer/trash are master metered.
County
Maricopa
Property Sub Type
13 - 24 Units
Property Type
Multifamily Residential
Subdivision
WORMSERS ADDITION BLOCK 4
Year Built
1963
Zoning
R-5
2 Bedroom Units
20
2 Bedroom Units: Average SqFt
573
2 Bedroom Units: Number of Baths
20
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Ceiling Fan(s), Central A/C, Electric, Individual
Floors
Concrete, Other
Heating
Electric, Individual
Interior Amenities
Unfurnished
Other Type
Packaged Offering
Total Units
20
Construction
Block
Exterior Amenities
Desert Landscaping, Partially Fenced
Exterior Finish
Painted, Stucco
Lot Size Dimensions
Unknown
Parking
1 Space/Unit, Street Parking
Roads/Streets
Asphalt
Roofing
Other (See Remarks)
Total Parking Spaces
20
Country
USA
Cross Street
Washington and 33rd Ave
High School District Number
210 - Phoenix Union High School District
Lot Number
4
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
2022-04-28T17:54:46+00:00
Gas
Master Meter, SW Gas
Marketing Name
(5) Fourplex Portfolio
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise, Master Meter
2 Bedroom Units: Average Rent
714
Contingency Type
UCB (Under Contract-Backups)
Financial Data Source
Projected Proforma
New Financing
Affordable Housing, Other (See Remarks)
Operating Expense
2810
Owner Pays
Gas, Landscaping, Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment
Tax Municipality
Phoenix
Taxes
2810
Tenant Pays
Cable TV, Electric
Contact - Listing ID 6390979
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
