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For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

1339 E VISTA Avenue
Phoenix, Arizona AZ 85020-4528
Sold For: $866,000
Listing ID 6436674
Status Closed
Year Built 1971

Property Description:

Also for sale MLS# 6436668 & 6436670 at 1313 & 1325 E Vista. Very well managed and maintained fourplexes . All 2/1 units at $875 to 900 per month with room to raise those rents around $350 or more per door. All leases are current, long term tenants, and most ( 9 or 10 of the 12 across all three buildings) leases are up in Sept/Oct . Do not disturb tenants. 1 Vacant Unit recently rehabbed can be rented for 1250+.

Primary Features

County: Maricopa
Property Type: Multiple Dwellings
Subdivision: MISSION VIEJO SECTION 1
Year Built: 1971
Zoning: Multi

Interior

2 Bedroom Units # Baths: 1
2 Bedroom Units Avg SqFt: 660
Cooling: Individual, Electric
Cooling: yes
Heating: Individual, Natural Gas
Heating: yes

Location

Community Features: See Remarks, No Pool
Country: US
Directions: North on 16th Street to Orangewood, West/Left on Orangewood to 14th Street. Then take a quick right/North and a quick left/West onto Vista Ave. Building on the South Side of the Road.
Elementary School: Madison Elementary School
Elementary School District: Madison Elementary District
General Property Description Elementary School: Madison Elementary School
General Property Description Elementary School District2: Madison Elementary District
General Property Description High School: North High School
General Property Description High School District: Phoenix Union High School District
General Property Description Jr High School: Madison Heights Elementary School
High School: North High School
High School District: Phoenix Union High School District
Middle Or Junior School: Madison Heights Elementary School
Postal City: Phoenix
Township: 2N
Water Source: City Franchise

External

Attached Garage: no
Construction Materials: Painted, Stucco, Block
Covered Spaces: 4
Electric: APS
General Property Description # of Buildings: 1
General Property Description Lot Size Dimensions: 136 x 75
General Property Description Total # of Units: 4
Lot Size Dimensions: 136 x 75
Number Of Buildings: 1
Number Of Units Total: 4
Parking Carport: 1
Parking Features: 1 Space/Unit, Common
Parking Total: 4
Road Surface Type: Asphalt
Roof: Built-Up
Sewer: Public Sewer

Additional

Buyer Agency Compensation: 2.00
Mls Status: Closed
Public Survey Range: 3E
Public Survey Section: 4

Financial

2 Bedroom Units Avg Rent: 900
Cap Rate: 3.55
Current Financing: Not Applicable
Disclosures: None
Gross Income: 43200
Gross Scheduled Income: 43200
Listing Terms: No Carry, CTL, Conventional
Net Operating Income: 39000
Operating Expense: 1652
Owner Pays: Other, Trash Collection, Water, Sewer
Tax Annual Amount: 1652
Tax Book Number: 160.00
Tax Lot: 2
Tax Year: 2021
Tenant Pays: Gas, Electricity, Cable TV

Zoning Info


Contact - Listing ID 6436674

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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