$180,000
Phoenix, AZ 85020
MLS# 5791633
Status: Closed
1 / 17
Property Description
Motivated Seller! & fantastic investor opportunity, the real deal! This block construction Duplex is in tip top shape with $55,000 in improvements geared towards energy efficiency. With added insulation, dual pane windows and Hunter ceiling fans you can expect lower then average utility bills. Remodel also includes two newer heat pumps, two new electrical panels, remodeled bathrooms in both units with copper piping, new drain pipes, bathtubs, cabinets and new sinks. Newly painted in 2016; landscape has new drip system, workshops in back included and so much more! Owner occupies 9213 and leases second unit. Also located less than 3 miles from the light rail, this won't last long!
Details
Maps
Contract Info
Current Price: $180,000
Sold Price: $180,000
Status: Closed
List Date: 2018-07-10
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M34
House Number: 9213
Compass: N
Street Name: 11th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Country: USA
County Code: Maricopa
Subdivision: ANNACORTES
Assessor's Map #: 35
Assessor's Parcel #: 13
Assessor Parcel Ltr: K
Add'l Parcels: No
Assessor Number: 159-35-013-K
Legal: ANNACORTES 29/31 LOT 11 EX N 2F P/F 09-1009973
Tax Municipality: Maricopa - COUNTY
Taxes: 640.28
Tax Year: 2017
Marketing Name: Investor
General Property Description
Lot Size Dimensions: 0.232 acres / 10,108 sqft
Year Built: 1950
Uncvrd Parking Spcs: 1
Total # of Units: 2
# of Buildings: 1
Zoning: R4
Elementary School: Desert View Elementary School
Jr. High School: Royal Palm Middle School
High School: Sunnyslope High School
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: 11th st & Hatcher
Directions: North of Dunlap on Cave Creek. East on Hatcher. South on 11th st. Property on east side of 11th st.
Geo Lat: 33.570013
Geo Lon: -112.05912
Status Change Info
Status Change Date: 2018-08-30
Off Market Date: 2018-08-12
Under Contract Date: 2018-08-02
Close of Escrow Date: 2018-08-29
Sold Price: $180,000
Legal Info
Lot Number: 11
Income & Expenses
Annual Elec Exp: 2200
Annual Gas Exp: 275
Annual Ins Exp: 1300
Annual Landscape Exp: 110
Annual Wtr/Swr Exp: 970
Owner Association: No
Operating Exp: 5495.28
Net Operating Income: 16200
Pmt & Rate Info
Cap Rate: 8.48
Equity: 191000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 700
Avg SqFt: 600
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Amenities: Other; See Remarks
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; Partially Fenced; RV/Boat Parking; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Security Alarm(s); Vertical Blinds
Appliances Included: Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: 2 or More Units
Cooling: Electric; 2 or More Units
Water: Other; See Remarks
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Garage; Street Parking; <1 Space Per Unit; None
Roads/Streets: Asphalt; Concrete
Owner Pays: Water; Electric; Trash Collection
Tenant Pays: Other (See Remarks)
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: Other (See Remarks)
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; 1031 Exchange; Other (See Remarks)
Reports/Disclosures: None
Environmental: None
Listing Office: Cambridge Properties
Last Updated: August - 20 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.