Listing ID6403354
Price$1,625,000
StatusActive
CountyMaricopa
SubdivisionSUNSET ACRES
Year Built1958
Property TypeMultifamily Residential
Property Sub Type5 - 12 Units
AMAZING 7-Plex fully remodeled. It's always about the location --- situated perfectly between downtown Phoenix and Sky Harbor Airport. This 7-plex is so unique if the fact that there are 6 buildings.....so basically there are 5 individual properties and one duplex.....over 20,000 square foot lot!! Four of the 2 bed 1 baths were just raised to 1500 a month while keeping the same tenants. Great property, great investment ......don't wait, this will not last long !!!
County
Maricopa
Property Sub Type
5 - 12 Units
Property Type
Multifamily Residential
Subdivision
SUNSET ACRES
Year Built
1958
Zoning
R3
1 Bedroom Units
2
1 Bedroom Units: Average SqFt
475
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
5
2 Bedroom Units: Average SqFt
650
2 Bedroom Units: Number of Baths
1
Appliances Included
Disposal
Cooling
Electric
Floors
Other
Heating
Natural Gas
Total Units
7
Construction
Frame - Wood, Slump Block
Covered Parking Spaces
3
Exterior Amenities
Fenced
Exterior Finish
Painted, Stucco
Lot Size Dimensions
20,393
Parking
>1 Space Per Unit, Attached, Carport, Other (See Remarks)
Roads/Streets
Concrete, Private Street
Roofing
Comp Shingle
Total Parking Spaces
5
Country
USA
Cross Street
N 24th St & E Mcdowell Rd
Elementary School
Creighton Elementary School
High School
Camelback High School
High School District Number
210 - Phoenix Union High School District
Jr. High School
Creighton Elementary School
Lot Number
27
Map Code/Grid
P35
Range
3E
School District
014 - Creighton Elementary District
Section
35
Township
2N
Community Amenities
No Pool
Electric
APS
Entry Timestamp
2022-05-20T14:06:04+00:00
Gas
SW Gas
Marketing Name
SUNSET ACRES
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
1 Bedroom Units: Average Rent
1150
2 Bedroom Units: Average Rent
1500
Contingency Type
No
Financial Data Source
Projected Proforma
New Financing
1031 Exchange, Conventional, FHA, No Carry, VA
Operating Expense
2107
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
2107
Tenant Pays
Electric
Contact - Listing ID 6403354
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
