Listing ID6421207
Price$1,425,000
StatusActive
CountyMaricopa
SubdivisionAltro Terrace
Year Built1971
Property TypeMultifamily Residential
Property Sub Type5 - 12 Units,Other (See Remarks)
THIS PARCEL INCLUDES HOUSE LOCATED AT 2616 W PIERSON AS WELL AS THE 2 TRIPLEXS. 2618 W PIERSON IS INCLUDED.THE DETACHED HOME IS A 3BD/2BTH, 1500 SQ FT HOME THAT HAS BEEN RECENTLY REMODELED, INCLUDING NEW ROOF, NEW A/C AND NEW PLUBMING. THERE IN NEW TILE THROUGH OUT AND NEW COUNTER TOPS AS WELL. HOME HAS WASHER/DRYER HOOK UP AT WELL. TRIPLEX INCLUDES 1 2BDRM/1 BTH, 900 SQ FT AND 2 1 BDRM/1 BTH, 650 SQ FT. ALL UNITS HAVE BEEN RECENTLY PAINTED INSIDE AND OUT, AND ALL HAVE TILE FLOORING. ALL UNITS INCLUDE A/C, STOVE AND REFRIGERATOR.Call agents for additional details. The home s like new and the triplexes have value add opportunity and are re-done.
County
Maricopa
Property Sub Type
5 - 12 Units,Other (See Remarks)
Property Type
Multifamily Residential
Subdivision
Altro Terrace
Year Built
1971
Zoning
multi
1 Bedroom Units
3
1 Bedroom Units: Average SqFt
650
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
2
2 Bedroom Units: Average SqFt
900
2 Bedroom Units: Number of Baths
1
3 Bedrooms Units
1
3 Bedrooms Units: Average SqFt
1500
3 Bedrooms Units: Number of Baths
2
Appliances Included
Other (See Remarks)
Cooling
Heat Pump, Individual
Floors
Ceramic Tile
Heating
Electric, Individual
Interior Amenities
Unfurnished
Other Type
House + Rental Units
Total Units
7
Construction
Block
Covered Parking Spaces
4
Exterior Amenities
Cable TV Available, Desert Landscaping, Fenced
Exterior Finish
Painted
Lot Size Dimensions
7936
Parking
Add'l Parking Avail, Carport, Street Parking
Roads/Streets
Asphalt
Roofing
Comp Shingle
Total Parking Spaces
6
Country
USA
Cross Street
Camelback & 27th Avenue
Elementary School
Alma Elementary School
High School District Number
210 - Phoenix Union High School District
Lot Number
15
Map Code/Grid
P33
Range
2E
School District
068 - Alhambra Elementary District
Section
24
Township
2N
Community Amenities
No Pool
Electric
SRP
Entry Timestamp
2022-06-21T17:59:38+00:00
Gas
SW Gas
Marketing Name
Pierson
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
1 Bedroom Units: Average Rent
918
2 Bedroom Units: Average Rent
1005
3 Bedrooms Units: Average Rent
1269
Adjusted Gross Income
88366
Annual Electric Expense
250
Annual Insurance Expense
3177
Annual Water/Sewer Expense
5694
Contingency Type
No
Financial Data Source
Unknown
Gross Annual Scheduled Income
88366
Net Operating Income
66195
New Financing
Conventional
Operating Expense
10926
Owner Pays
Sewer, Trash Collection, Water
Sale Includes
Land & Building
Special Listing Conditions
REO Property
Tax Municipality
Phoenix
Taxes
1805
Tenant Pays
Cable TV, Electric, Gas
Contact - Listing ID 6421207
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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