Listing ID6396671
Price$650,000
StatusActive
CountyMaricopa
SubdivisionGREENWAY MANOR
Year Built1982
Property TypeMultifamily Residential
Property Sub TypeFour Plex
LOCATION LOCATION!!! This is a great 4 plex investment!! Located in the north phoenix area specifically in the Paradise Valley Unified School District. All 4 units are 2 bedrooms with the rents as follows. Unit 101 - $1023/mo, Unit 102 $1017.89, Unit 103 $1125.30, Unit 203 $971.85. with upside in Rents. The community boasts a swimming pool for your residents enjoyment in the summertime. Landlord pays HOA and the following utilities are paid by HOA (Water, Sewer, Trash, Common Area). Tenant Pays electric and Cable. 3 of 4 Units have wood look vinyl flooring and carpet. Tenants enjoy carport parking. Close to Freeways, employment, shopping, entertainment and services. Come make this your investment today! Drive by only. Do not disturb tenants. BUYER COULD NOT PERFORM!
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
GREENWAY MANOR
Year Built
1982
Zoning
PAD-13
2 Bedroom Units
4
Appliances Included
Dishwasher, Disposal, F/S Oven/Range
Cooling
Electric
Floors
Carpet, Vinyl
Heating
Electric
Interior Amenities
Unfurnished
Total Units
4
Construction
Frame - Wood
Covered Parking Spaces
4
Exterior Amenities
Desert Landscaping, Fenced, Green Landscaping, Landscape Wtr System
Exterior Finish
Painted, Stucco
Lot Size Dimensions
5327
Parking
Carport
Roads/Streets
Asphalt
Roofing
Built-Up
Total Parking Spaces
6
Country
USA
Cross Street
32nd ST & Greenway Rd
High School
Paradise Valley High School
High School District Number
069 - Paradise Valley Unified District
Lot Number
36
Map Code/Grid
L35
Range
3E
School District
069 - Paradise Valley Unified District
Section
2
Township
3N
Community Amenities
Pool
Electric
APS
Entry Timestamp
2022-05-09T17:05:01+00:00
Gas
None
Marketing Name
Palomino Point
Owner Association
Yes
Sewer
Sewer - Public
Water
City Franchise
2 Bedroom Units: Average Rent
1100
Adjusted Gross Income
49656.48
Annual Insurance Expense
1100
Annual Maintenance Expense
2400
Annual Management Expense
1920
Annual Owner Association Fee
8508
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
49656.48
Net Operating Income
35508.48
New Financing
Conventional
Operating Expense
15248
Owner Pays
None
Sale Includes
Building(s) Only
Tax Municipality
Phoenix
Taxes
1320
Tenant Pays
Electric
Contact - Listing ID 6396671
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
