Listing ID6398022
Price$410,000
StatusActive
CountyMaricopa
SubdivisionFRANKLIN VILLAGE PLAT A AMD
Year Built1946
Property TypeMultifamily Residential
Property Sub TypeDuplex,Tri-Plex
Incredible duplex with fantastic renters and a 3rd unit that can be a income unit. 3 Separated block homes located on 2 irrigated lots. 1 Unit is 2 bed 2 bath and the other is 1 bed 1 bath. Homes have their own electric, gas and water meters. Huge CAP RATE and really good tenants. EASY TO SHOW, DO NOT DISTURB TENANTS. Owner just put in new floors and everything is working great.
County
Maricopa
Property Sub Type
Duplex,Tri-Plex
Property Type
Multifamily Residential
Subdivision
FRANKLIN VILLAGE PLAT A AMD
Year Built
1946
Zoning
residential
1 Bedroom Units
1
1 Bedroom Units: Average SqFt
931
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
1
2 Bedroom Units: Average SqFt
1200
2 Bedroom Units: Number of Baths
2
Appliances Included
F/S Oven/Range, Refrigerator, W/D Hookup
Average SqFt
724
Baths
1
Cooling
2 or More Units, Electric, Window/Wall Unit
Efficiency Units
1
Floors
Ceramic Tile, Wood
Heating
2 or More Units, Natural Gas
Interior Amenities
Mini Blinds
Total Units
2
Construction
Block, Frame - Wood
Covered Parking Spaces
2
Exterior Finish
Brick Trim/Veneer, Painted
Lot Size Dimensions
11487 total for both lots
Parking
Carport
Roads/Streets
Asphalt, Gravel
Roofing
Comp Shingle
Total Parking Spaces
4
Country
USA
Cross Street
MC DOWELL & 29TH AVE
Elementary School
Isaac E Imes School
High School
Phoenix Union Cyber High School
High School District Number
210 - Phoenix Union High School District
Jr. High School
Isaac Middle School
Lot Number
12-14
Map Code/Grid
P33
Range
2E
School District
005 - Isaac Elementary District
Section
35
Township
2N
Community Amenities
No Pool
Electric
APS, Individual Meter
Entry Timestamp
2022-05-11T20:48:36+00:00
Gas
Individual Meter, SW Gas
Marketing Name
n/a
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise, Individual Meter
1 Bedroom Units: Average Rent
600
2 Bedroom Units: Average Rent
800
Adjusted Gross Income
1
Annual Gas Expense
240
Annual Insurance Expense
1756
Annual Management Expense
1200
Annual Water/Sewer Expense
200
Average Rent
400
Contingency Type
UCB (Under Contract-Backups)
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
1
Net Operating Income
1
New Financing
1031 Exchange, Conventional, Other (See Remarks)
Operating Expense
5536
Owner Pays
None
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
2140
Tenant Pays
Electric, Gas, Sewer, Trash, Water
Contact - Listing ID 6398022
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
