Listing ID6408008
Price$525,000
StatusActive
CountyMaricopa
SubdivisionOakland
Year Built1946
Property TypeMultifamily Residential
Property Sub TypeTri-Plex
Located In Historic Oakland Neighborhood. Great Investment Property with one year leases! Front Duplex was Totally Renovated Inside & Out! #1 Totally Rewired, Newer Roof, #2 Newer Water Heater and Fixtures. Significant renovation completed in rear unit #3 from Slab Up! Newer Tile & Carpet, Newer Appliances, A/C & Heat. Fenced Yard & Parking with Desert Landscaping! Individually Metered. Steady Cash Flow. Surrounding Area Includes Chase Field, Phoenix Memorial Hospital, Us Airways Arena, and Downtown Phoenix.Tenants Rights- Please allow48 hour notice to view property after contract acceptance.
County
Maricopa
Property Sub Type
Tri-Plex
Property Type
Multifamily Residential
Subdivision
Oakland
Year Built
1946
Zoning
R5-HP
1 Bedroom Units
1
1 Bedroom Units: Average SqFt
475
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
2
2 Bedroom Units: Average SqFt
650
2 Bedroom Units: Number of Baths
1
Appliances Included
F/S Oven/Range, Refrigerator
Cooling
Electric
Floors
Carpet, Ceramic Tile
Heating
Electric
Total Units
3
Construction
Block
Exterior Amenities
Cable TV Available, Desert Landscaping, Fenced
Exterior Finish
Painted, Stucco
Lot Size Dimensions
IRR
Parking
1 Space/Unit, Street Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
3
Country
USA
Cross Street
19th Avenue & Fillmore
High School District Number
210 - Phoenix Union High School District
Lot Number
7
Map Code/Grid
Q34
Range
3E
School District
001 - Phoenix Elementary District
Section
6
Township
1N
Community Amenities
No Pool
Electric
SRP
Entry Timestamp
2022-05-28T19:27:09+00:00
Gas
Other (See Remarks)
Marketing Name
Oakland District Triplex
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
1 Bedroom Units: Average Rent
875
2 Bedroom Units: Average Rent
1000
Adjusted Gross Income
35000
Annual Electric Expense
600
Annual Insurance Expense
1000
Annual Maintenance Expense
1200
Annual Management Expense
1488
Annual Water/Sewer Expense
2100
Contingency Type
No
Financial Data Source
Projected Proforma, Provided by Owner
Gross Annual Scheduled Income
35000
Net Operating Income
27834
New Financing
Conventional, No Carry
Operating Expense
7166
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building
Tax Municipality
Phoenix
Taxes
778
Tenant Pays
Electric
Total Monthly Rental Income
3000
Contact - Listing ID 6408008
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
