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 Sub Type: Four Plex
Property Type: Multifamily Residential
Sold Date: 2022-09-29T00:00:00+00:00
Sold Price: $866,000
Subdivision: MISSION VIEJO SECTION 1
Year Built: 1971
Zoning: Multi

Interior Features

2 Bedroom Units: 4
2 Bedroom Units: Average SqFt: 660
2 Bedroom Units: Number of Baths: 1
Appliances Included: F/S Oven/Range
Cooling: Electric, Individual
Floors: Carpet, Ceramic Tile, Concrete, Vinyl
Heating: Individual, Natural Gas
Interior Amenities: Unfurnished
Total Units: 4

External Features

Construction: Block
Covered Parking Spaces: 4
Exterior Amenities: Desert Landscaping
Exterior Finish: Painted, Stucco
Lot Size Dimensions: 136 x 75
Parking: 1 Space/Unit, Carport
Roads/Streets: Asphalt
Roofing: Built-Up
Total Parking Spaces: 4

Location Information

Country: USA
Cross Street: 16TH STREET AND GLENDALE
Elementary School: Madison Elementary School
High School: North High School
High School District Number: 210 - Phoenix Union High School District
Jr. High School: Madison Heights Elementary School
Lot Number: 2
Map Code/Grid: N34
Range: 3E
School District: 038 - Madison Elementary District
Section: 4
Township: 2N

Additional

Community Amenities: No Pool, Other, See Remarks
Electric: APS
Entry Timestamp: 2022-07-19T18:58:26+00:00
Gas: SW Gas
Marketing Name: Phoenix Fourplex
Owner Association: No
Sewer: Sewer - Public
Sold Info: Closing Cost Split: Normal - N
Sold Info: Loan Type: Cash
Sold Info: Payment Type: Other
Status Update: Multiple Offers Recd
Water: City Franchise

Financial Details

2 Bedroom Units: Average Rent: 900
Adjusted Gross Income: 43200
Contingency Type: No
Financial Data Source: Provided by Owner
Gross Annual Scheduled Income: 43200
Net Operating Income: 39000
New Financing: Conventional, CTL, No Carry
Operating Expense: 1652
Owner Pays: Sewer, Trash Collection, Water
Sale Includes: Land & Building
Tax Municipality: Phoenix
Taxes: 1652
Tenant Pays: Cable TV, Electric, Gas

Zoning Info


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Arizona Elite Properties are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Elite Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing data last updated Friday, December 2nd, 2022 05:48:18 PM.

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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