Listing ID6420491
Price$769,900
StatusActive
CountyMaricopa
SubdivisionWILLOW ADDITION
Year Built1959
Property TypeMultifamily Residential
Property Sub TypeFour Plex
Must be sold with 2725 W Fillmore Street (APN: 109-27-033)!!! 555 N 27th Drive is a triplex consisting of (3) 2 Bed / 1 Bath Units, 2725 W Fillmore Street is a 3 Bed / 2 Bath single family home. 2725 W Fillmore features a large privately fenced front yard, in-suite washer/dryer along with recent interior upgrades. The triplex (555 N 27th Drive) features private front patios, access to the community laundry facility as well as smaller back patios. A light value-add opportunity is available through additional interior and exterior renovations, along with increasing the rents to market levels. This asset offers a wonderful owner occupied opportunity.
County
Maricopa
Property Sub Type
Four Plex
Property Type
Multifamily Residential
Subdivision
WILLOW ADDITION
Year Built
1959
Zoning
R-3
2 Bedroom Units
3
2 Bedroom Units: Average SqFt
710
2 Bedroom Units: Number of Baths
1
3 Bedrooms Units
1
3 Bedrooms Units: Average SqFt
1580
3 Bedrooms Units: Number of Baths
2
Appliances Included
BI Oven/Range, Disposal, Microwave, Refrigerator, Washer/Dryer
Cooling
Ceiling Fan(s), Central A/C, Electric, Individual
Floors
Ceramic Tile, Vinyl
Heating
Electric, Heat Pump, Individual
Interior Amenities
Other (See Remarks)
Other Type
House + Rental Units
Total Units
4
Construction
Block, Frame - Wood
Exterior Amenities
Landscape Wtr System, Partially Fenced, Patio/Balcony
Exterior Finish
Painted
Lot Size Dimensions
100 ft x 130 ft
Parking
Add'l Parking Avail, Carport, Paved Parking, Street Parking
Roads/Streets
Alley, Asphalt, Sidewalk(s), Treated
Roofing
Comp Shingle
Total Parking Spaces
6
Country
USA
High School District Number
210 - Phoenix Union High School District
Lot Number
1
Map Code/Grid
Q33
Range
2E
School District
005 - Isaac Elementary District
Section
2
Township
1N
Community Amenities
No Pool
Electric
Individual Meter, SRP
Entry Timestamp
2022-06-20T15:01:01+00:00
Gas
Individual Meter, SW Gas
Marketing Name
27th & Fillmore Fourplex
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.05
Water
City Franchise
2 Bedroom Units: Average Rent
800
3 Bedrooms Units: Average Rent
1375
Adjusted Gross Income
58064
Contingency Type
No
Financial Data Source
Projected Proforma
Gross Annual Scheduled Income
57960
Net Operating Income
43640
New Financing
Conventional, No Carry, Other (See Remarks)
Operating Expense
989
Other Income
3160
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment
Tax Municipality
Phoenix
Taxes
989
Tenant Pays
Electric
Contact - Listing ID 6420491
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
