Listing ID6498327
Sold For$610,000
StatusClosed
Sold Date3/10/2023
CountyMaricopa
Year Built1964
Property TypeMultiple Dwellings
Well established cash flow units with under market rents. All units are 2 bed, 1 bath. Granite countertops, double pane windows. Each large unit has washer & dryer
County
Maricopa
Property Type
Multiple Dwellings
Year Built
1964
Zoning
R-3
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
688
Cooling
yes
Flooring
Carpet, Ceramic Tile
Heating
yes
Community Features
No Pool
Country
US
Directions
South on 15th Ave from Peoria, east on Cochise
Elementary School
Washington Elementary School - Phoenix
Elementary School District
Washington Elementary District
General Property Description Elementary School
Washington Elementary School - Phoenix
General Property Description Elementary School District2
Washington Elementary District
General Property Description High School
Glendale High School
General Property Description High School District
Glendale Union High School District
General Property Description Jr High School
Royal Palm Middle School
High School
Glendale High School
High School District
Glendale Union High School District
Middle Or Junior School
Royal Palm Middle School
Postal City
Phoenix
Township
3N
Water Source
City Franchise
Attached Garage
no
Construction Materials
Painted, Block
Covered Spaces
4
Electric
APS
General Property Description # of Buildings
2
General Property Description Flood Zone
No
General Property Description Lot Size Dimensions
95x135
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
4
Lot Size Dimensions
95x135
Number Of Buildings
2
Number Of Units Total
4
Open Parking Spaces
4
Parking Carport
1
Parking Features
>1 Space Per Unit, Common
Parking Total
8
Road Surface Type
Private Street
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
3E
Public Survey Section
30
2 Bedroom Units Avg Rent
716
Cap Rate
3.38
Current Financing
Non Assumable
Disclosures
Seller Prop Disc Stm
Gross Income
31920
Gross Scheduled Income
33600
Insurance Expense
1340
Listing Terms
No Carry, Conventional, FHA
Net Operating Income
22456
Operating Expense
9464
Owner Pays
Trash Collection, Water, Sewer
Professional Management Expense
2400
Tax Annual Amount
989
Tax Book Number
158.00
Tax Year
2022
Tenant Pays
Electricity, Cable TV, Landscaping
Water Sewer Expense
4735
Contact - Listing ID 6498327
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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