Listing ID6399370
Price$500,000
StatusActive
CountyMaricopa
SubdivisionLONGVIEW ACRES
Year Built1945
Property TypeMultifamily Residential
Property Sub TypeDuplex
Opportunity calls here to own two homes that can be rented out or live in one and rent the other. This duplex is fully occupied- tenant in front in a lease until October 2023. Rear unit is month to month and would like to stay. Front unit remodeled bright paint inside, new flooring and updated bathroom w/ 2 bedrooms and a full bath, range in the kitchen, new dual-pane windows, walk-in closets in both bedrooms, a covered back patio and a carport. Rear unit has 2 bedrooms and two 3/4 baths, each with tiled showers and one with a pedestal sink. Each unit has its own storage shed, and there is plenty of parking for all residents. Outside laundry for both units. See pictures for more details.
County
Maricopa
Property Sub Type
Duplex
Property Type
Multifamily Residential
Subdivision
LONGVIEW ACRES
Year Built
1945
Zoning
R6
2 Bedroom Units
2
2 Bedroom Units: Average SqFt
800
2 Bedroom Units: Number of Baths
1
Appliances Included
Dishwasher, Disposal, Refrigerator, Washer/Dryer
Cooling
Central A/C, Chiller System, Electric, Other, See Remarks
Floors
Ceramic Tile, Vinyl
Heating
Ceiling, Electric
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds
Total Units
2
Construction
Block, Frame - Wood
Covered Parking Spaces
2
Exterior Amenities
Cable TV Available, Desert Landscaping
Exterior Finish
Stucco
Lot Size Dimensions
95.01x 62.76
Parking
Carport, Free, Street Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
6
Country
USA
Cross Street
16th Street and Indian School
Elementary School
Longview Elementary School
High School
North High School
Jr. High School
Osborn Middle School
Lot Number
5
Map Code/Grid
P34
Range
3E
Section
28
Township
2N
Community Amenities
No Pool
Electric
APS
Entry Timestamp
2022-05-13T14:15:48+00:00
Gas
Other (See Remarks), SW Gas
Marketing Name
Tenants in place
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.05
Water
Other
2 Bedroom Units: Average Rent
1000
Adjusted Gross Income
22800
Annual Electric Expense
6000
Annual Insurance Expense
1500
Annual Landscape Expense
600
Annual Legal and Accounting
1320
Annual Maintenance Expense
550
Annual Trash Expense
480
Annual Water/Sewer Expense
1440
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
24000
Net Operating Income
18000
New Financing
Conventional, FHA, VA
Operating Expense
13293
Owner Pays
Landscaping
Payment Includes
Insurance, Interest, Mrtg Ins (Incl PMI), Principal, Taxes
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
1403
Tenant Pays
Electric, Trash, Water
Total Monthly Rental Income
3000
Contact - Listing ID 6399370
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
