$343,000
Phoenix, AZ 85017
MLS# 5687208
Status: Closed
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Property Description
OWNER WANTS SALE LOTS OF POTENTIAL. A MONEY MAKER. UNITS RENT RIGHT AWAY. SINGLE 2BR HOME IN FRONT (2) DUPLEXES IN REAR. ALL 2BR 1 Bath Units. RIGHT OFF I-17 FWY, TRANSPORTATION AT 27TH AVE.
Details
Maps
Contract Info
Current Price: $343,000
Sold Price: $343,000
Status: Closed
List Date: 2017-11-13
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N33
House Number: 2551
Compass: W
Street Name: MISSOURI
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 2740
Country: USA
County Code: Maricopa
Legal Description (Abbrev): ELLAZONA PT LOT 4 N 266.66' OF W2 EX N 40'
Subdivision: ELLAZONA
Assessor's Map #: 20
Assessor's Parcel #: 9
Assessor Parcel Ltr: B
Add'l Parcels: No
Assessor Number: 153-20-009-B
Legal: ELLAZONA PT LOT 4 N 266.66' OF W2 EX N 40'
Census Tract: 107300
Tax Municipality: Phoenix
Taxes: 1802
Tax Year: 2017
Marketing Name: ELLAZONA
General Property Description
Lot Size Dimensions: 80 X 228 X 79 X 228
Year Built: 1960
Total # of Units: 5
# of Buildings: 3
Zoning: R-3
Elementary School: Cordova Primary School
Jr. High School: Cordova Middle School
High School: Alhambra High School
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 27TH AVE/ MISSOURI AVE
Directions: BLACK CANYON FWY SOUTH OF BETHANY HOME RD THEN WEST ON MISSOURI AV TO UNITS.
BLOCK WALL IN FRONT OF HOME.
Geo Lat: 33.516333
Geo Lon: -112.114669
Status Change Info
Status Change Date: 2018-06-01
Off Market Date: 2018-05-15
Under Contract Date: 2018-04-30
Close of Escrow Date: 2018-05-31
Sold Price: $343,000
Legal Info
Township: 2N
Range: 2E
Section: 13
Lot Number: 4
Income & Expenses
Annual Ins Exp: 2000
Annual Landscape Exp: 400
Annual Maint Exp: 400
Annual Trash Exp: 400
Annual Wtr/Swr Exp: 360
Owner Association: No
Annual Rplcmnt Rsrvs: 1000
Operating Exp: 6362
Gross Annual Sch Inc: 2600
Vacancy Allowance: 0.05
Adjusted Gross Inc: 2470
Totl Mnth Rntal Inc: 2650
Net Operating Income: 2000
Pmt & Rate Info
Cap Rate: 0.57
Down Payment: 100000
Down Payment %: 30
Equity: 350000
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 525
Avg SqFt: 700
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Duplex; 5 - 12 Units; Other (See Remarks)
Other Type: House + Rental Units
Construction: Block; Other (See Remarks)
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Other (See Remarks)
Appliances Included: BI Oven/Range
Heating: Heat Pump
Cooling: Electric; Heat Pump
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking: Street Parking; Assigned; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Landscaping
Tenant Pays: Electric; Cable TV; Landscaping
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: West USA Realty
Last Updated: June - 01 - 2018
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