$334,900
1010 E SOUTHERN Avenue, BLDG
Phoenix, AZ 85040
MLS# 6196874
1897 sqft


Front of back building 7 parking spaces
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Front of back building 7 parking spaces Easy set up for drive through 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Back yard. Back yard of back structure 12000 sq ft lot this is a good storage lit or room for another building or addition. 600 sq ft front building Open building just drywall deciders for past barber stations 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1/2 bath front building Front building Separately metered buildings front building Lot next door may be able to be purchased Back building 1800 sq ft back building Kitchen rear building has appliances they are locked up for safety 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Stack washer dryer hook ups in the big pantry 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Granite counters kitchen and baths 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Front door. Sparkling granite Big walk in storage 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Fans and blinds all offices/ bdrms 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Master bath Master or office Master bath Master bath 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Fmrm or a couple of offices 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Open space Was lvrm / the door is locked but it is bdrm 4 appliances locked inside Office Office Office Office 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 Main bath 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040

Property Description
2 units that the most recent past rents have been $4000./ month ROI 13.61%!!!!!!! Zoned C2 bus stop right at property. Renovated 1850 sf, single family home, renovated in 2013 new roof + HVAC. All new kitchen and baths, tile floors, granite slab counters kitchen and baths, new lighting and plumbing fixtures, blinds and fans all rooms. Fmrm w/ frpl. Easy to rent owner retiring selling to leave the state. 600 sq ft retail shop was Curtis Barber shop then ratio shop. Property in good condition but seller to make no repairs.

Details
Maps
Contract Info
Current Price: $334,900
List Price: $334,900
Status: Active
List Date: 2021-02-19
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: R34
House Number: 1010
Compass: E
Street Name: SOUTHERN
St Suffix: Avenue
Unit #: BLDG
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 3123
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PT ARR LOT 34 PT W2 FARM UNIT D BEG 118.50F E SW COR W2 E2 SE4 SW4 TH N 233F TH E 60F TH S 233F TH W
Assessor's Map #: 58
Assessor's Parcel #: 44
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 113-58-044-A
Census Tract: 115900
Legal: PT ARR LOT 34 PT W2 FARM UNIT D BEG 118.50F E SW COR W2 E2 SE4 SW4 TH N 233F TH E 60F TH S 233F TH W
Tax Municipality: Maricopa - COUNTY
Taxes: 2312
Tax Year: 2020
General Property Description
Approx SQFT: 1897
# of Buildings: 2
Lot Size Dimensions: 193X62
Year Built: 1959
Uncvrd Parking Spcs: 7
Zoning: C2
Remarks & Misc
Cross Street: 10th Street and Southern
Directions: On Southern, the north side of the street. At 10th street.
Geo Lat: 33.392636
Geo Lon: -112.057695
Status Change Info
Status Change Date: 2021-03-15
Legal Info
Township: 1N
Range: 3E
Section: 28
Lot Number: 34
Income & Expenses
Annual Ins Exp: 900
Annual Landscape Exp: 1200
Annual Legal & Acctg: 1500
Annual Maint Exp: 500
Owner Association: No
Operating Exp: 6412
Gross Annual Sch Inc: 48000
Vacancy Allowance: 0.05
Adjusted Gross Inc: 45600
Net Operating Income: 45600
Pmt & Rate Info
Cap Rate: 13.62
Equity: 334900
Property Access
Mech-box Code - DND2: 1776
Contact Info
List Agent Home Phn: 602-329-9802
Property Features
Building Type: Commercial
Current Use: Mixed Use; Restaurant; Fast Food; Medical/Dental; Office; Retail; Food Service; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Comp Shingle
Floors: Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Electric
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Smoke Detector(s); Security Light(s); Private Restrooms
Exterior: Landscaping; Building Sign
Fencing: Block; Chain Link
Amenities: Kitchen
Parking: Free; Private Parking
Electric: SRP; Individual Meter; 220
Gas: None
Water: City Franchise; Individual Meter
Sewer: Septic in & Cnctd
Freeway/Highway: 2.1 - 5 Miles
Owner Wants: Cash Only; Cash to Loan; 1031 Exchange; Lease
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: 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
Roads/Streets: Asphalt; Sidewalk(s)
Traffic Count: 100,001 to 120,000
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Canyon Rock Realty, LLC

Last Updated: May - 08 - 2021

1010 E SOUTHERN Avenue, BLDG, Phoenix, AZ 85040 - MLS# 6196874

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