Listing ID6398022
Sold For$360,000
StatusClosed
Sold Date8/31/2022
CountyMaricopa
SubdivisionFRANKLIN VILLAGE PLAT A AMD
Year Built1946
Property TypeMultiple Dwellings
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 Type
Multiple Dwellings
Subdivision
FRANKLIN VILLAGE PLAT A AMD
Year Built
1946
Zoning
residential
1 Bedroom Units # Baths
1
1 Bedroom Units Avg SqFt
931
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
1200
Cooling
2 or More Units, Electric, Wall/Window Unit(s)
Cooling
yes
Efficiency Units # Baths
1
Efficiency Units # Efficiency Units
1
Efficiency Units Avg SqFt
724
Heating
2 or More Units, Natural Gas
Heating
yes
Community Features
No Pool
Country
US
Directions
GO NORTH ON 29TH AVE TO GRANADA; WEST TO PROPERTY ON NORTH SIDE OF ROAD
Elementary School
Isaac E Imes School
Elementary School District
Isaac Elementary District
General Property Description Elementary School
Isaac E Imes School
General Property Description Elementary School District2
Isaac Elementary District
General Property Description High School
Phoenix Union Cyber High School
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Isaac Middle School
High School
Phoenix Union Cyber High School
High School District
Phoenix Union High School District
Middle Or Junior School
Isaac Middle School
Postal City
Phoenix
Township
2N
Water Source
City Franchise, Individual Meter
Attached Garage
no
Construction Materials
Brick Veneer, Painted, Block, Frame - Wood
Covered Spaces
2
Electric
APS, Individual Meter
General Property Description # of Buildings
2
General Property Description Flood Zone
TBD
General Property Description Lot Size Dimensions
11487 total for both lots
General Property Description Total # of Units
2
General Property Description Uncvrd Parking Spcs
2
Lot Size Dimensions
11487 total for both lots
Number Of Buildings
2
Number Of Units Total
2
Open Parking Spaces
2
Parking Carport
1
Parking Features
Common
Parking Total
4
Road Surface Type
Gravel, Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
1.50
Mls Status
Closed
Public Survey Range
2E
Public Survey Section
35
1 Bedroom Units Avg Rent
600
2 Bedroom Units Avg Rent
800
Current Financing
Not Applicable
Disclosures
Seller Prop Disc Stm
Efficiency Units Avg Rent
400
Fuel Expense
240
Gross Income
1
Gross Scheduled Income
1
Insurance Expense
1756
Listing Terms
Other (See Remarks), 1031 Exchange
Net Operating Income
1
Operating Expense
5536
Owner Pays
None
Professional Management Expense
1200
Tax Annual Amount
2140
Tax Block
7
Tax Book Number
108.00
Tax Lot
12-14
Tax Year
2021
Tenant Pays
Trash Collection, Gas, Electricity, Water, Sewer
Water Sewer Expense
200
Contact - Listing ID 6398022
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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