Listing ID6395162
Price$550,000
StatusActive
CountyMaricopa
SubdivisionF Q STORY ADDITION PLAT D
Year Built1916
Property TypeMultifamily Residential
Property Sub TypeDuplex
Currently Both 1bed 1 bath units are rented out. This is a great property if one wanted to subsidize the cost of living, by living in one unit and renting out the other. Great location with potential for commercial. Property is surrounded by other commercial and office buildings. The seller had intentions to change the zoning to commercial but never got around to it. Previously the property has been used as a Saloon and a convenience store. It would make a great place for a restaurant as well.
County
Maricopa
Property Sub Type
Duplex
Property Type
Multifamily Residential
Subdivision
F Q STORY ADDITION PLAT D
Year Built
1916
Zoning
R-5
1 Bedroom Units
2
1 Bedroom Units: Average SqFt
660
1 Bedroom Units: Number of Baths
1
Appliances Included
Refrigerator, W/D Hookup, Washer/Dryer
Cooling
Ceiling Fan(s), Electric
Floors
Carpet, Concrete, Vinyl
Heating
Electric
Total Units
2
Construction
Block, Brick, Frame - Metal
Exterior Finish
Painted, Stucco
Lot Size Dimensions
151 X 48
Parking
Add'l Parking Avail, Paved Parking
Roads/Streets
Alley, Asphalt, Dedicated Street
Roofing
Comp Shingle
Total Parking Spaces
20
Country
USA
Cross Street
15th Avenue & Mcdowell Rd
Elementary School
Kenilworth Elementary School
High School
Central High School
Jr. High School
Kenilworth Elementary School
Lot Number
4
Map Code/Grid
P34
Range
3E
Section
6
Township
1N
Community Amenities
No Pool
Electric
APS
Entry Timestamp
2022-05-06T10:06:13+00:00
Gas
City Gas, None
Marketing Name
unknown
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
1 Bedroom Units: Average Rent
900
Adjusted Gross Income
25200
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
22800
Net Operating Income
22800
New Financing
1031 Exchange, Conventional, No Carry
Operating Expense
1276
Other Income
2400
Owner Pays
None
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
1276
Tenant Pays
Cable TV, Electric, Gas, Landscaping, Sewer, Trash, Water
Contact - Listing ID 6395162
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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