Listing ID6436733
Sold For$576,000
StatusClosed
Sold Date9/06/2022
CountyMaricopa
SubdivisionPARKWAY VILLAGE
Year Built1973
Property TypeMultiple Dwellings
Terrific income generating 4 plex with a great mix of units. Building features one 3-bedroom unit with fireplace, and three 2-bedroom units, each with a garage and laundry. (The 3-bedroom unit comes with a 2 car garage). Ground floor units have private rear patio/yard, upstairs units have balconies. Drive by only, please do not disturb tenants
County
Maricopa
Property Type
Multiple Dwellings
Subdivision
PARKWAY VILLAGE
Year Built
1973
Zoning
R-4 Multi
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
1000
3 Bedrooms Units # Baths
2
3 Bedrooms Units Avg SqFt
1300
Cooling
Electric
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
S on 51st Ave, W on Campbell, S on 53rd Ln to property on the right
Elementary School
John F. Long
Elementary School District
Cartwright Elementary District
General Property Description Elementary School
John F. Long
General Property Description Elementary School District2
Cartwright Elementary District
General Property Description High School
Maryvale High School
General Property Description High School District
Phoenix Union High School District
General Property Description Jr High School
Desert Sands Middle School
High School
Maryvale High School
High School District
Phoenix Union High School District
Middle Or Junior School
Desert Sands Middle School
Postal City
Phoenix
Township
2N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Stucco, Frame - Wood
Covered Spaces
5
Electric
SRP
Garage
yes
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
Irr
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
Irr
Number Of Buildings
1
Number Of Units Total
4
Open Parking Spaces
4
Parking Features
Add'l Parking Avail
Parking Garage
1
Parking Total
9
Road Surface Type
Asphalt
Roof
Tile
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
2E
Public Survey Section
20
2 Bedroom Units Avg Rent
800
3 Bedrooms Units Avg Rent
1300
Cap Rate
4.46
Disclosures
Seller Prop Disc Stm
Gross Income
42180
Gross Scheduled Income
44400
Insurance Expense
2106
Listing Terms
Conventional
Maintenance Expense
2200
Net Operating Income
26427
Operating Expense
15753
Owner Pays
Trash Collection, Water, Sewer
Tax Annual Amount
1997
Tax Book Number
144.00
Tax Lot
4
Tax Year
2021
Tenant Pays
Electricity, Cable TV
Water Sewer Expense
5790
Contact - Listing ID 6436733
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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