8034
S
Central Avenue,
Phoenix,
Arizona
AZ
85042-6509
Sold For: $2,200,000
Listing ID 6401984
Status Closed
Year Built 1941
Property Description:
Primary Features
Property Type:
Multiple Dwellings
Year Built:
1941
Zoning:
R-3 and R1-6
Interior
1 Bedroom Units # Baths:
1
Cooling:
Wall/Window Unit(s)
Cooling:
yes
Heating:
Floor Furnace, Wall Furnace
Heating:
yes
Location
Country:
US
Directions:
Take 7th Ave Exit on the I-17M, go South on S 7th Ave, Turn Left onto W Baseline Rd, Turn right on S Central Ave, Destination on the Right
Elementary School:
Valley View Elementary School
Elementary School District:
Roosevelt Elementary District
General Property Description Elementary School:
Valley View Elementary School
General Property Description Elementary School District2:
Roosevelt Elementary District
General Property Description High School:
South Mountain High School
General Property Description High School District:
Phoenix Union High School District
General Property Description Jr High School:
C O Greenfield School
High School:
South Mountain High School
High School District:
Phoenix Union High School District
Middle Or Junior School:
C O Greenfield School
Postal City:
Phoenix
Township:
1S
Water Source:
City Franchise
External
Attached Garage:
no
Construction Materials:
See Remarks
Electric:
APS
General Property Description # of Buildings:
9
General Property Description Flood Zone:
No
General Property Description Lot Size Dimensions:
303.1 x 402.1
General Property Description Total # of Units:
12
Lot Size Dimensions:
303.1 x 402.1
Number Of Buildings:
9
Number Of Units Total:
12
Road Surface Type:
Dedicated Street
Roof:
See Remarks, Composition
Sewer:
Public Sewer
Additional
Mls Status:
Closed
Public Survey Range:
3E
Public Survey Section:
5
Financial
1 Bedroom Units Avg Rent:
700
Cap Rate:
2.15
Disclosures:
Soil Test, Boundary Survey Avlb, Seller Prop Disc Stm, ALTA Survey Availbl, Development Plan Avl
Electric Expense:
2000
Gross Income:
86400
Gross Scheduled Income:
96000
Insurance Expense:
3000
Listing Terms:
Conventional
Maintenance Expense:
12000
Net Operating Income:
68695
Operating Expense:
27305
Owner Pays:
Trash Collection, Water
Professional Management Expense:
3600
Tax Annual Amount:
705
Tax Book Number:
300.00
Tax Lot:
6
Tax Year:
2021
Tenant Pays:
See Remarks, Electricity
Water Sewer Expense:
6000
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