$1,480,000
Phoenix, AZ 85020
MLS# 6532643
1 / 9
Details
Maps
Contract Info
Current Price: $1,480,000
List Price: $1,480,000
Status: Active
List Date: 2023-03-15
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M34
House Number: 102
Compass: E
Street Name: Hatcher
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Country: USA
County Code: Maricopa
Assessor's Map #: 44
Assessor's Parcel #: 41
Add'l Parcels: Yes
Assessor Number: 159-44-041
Legal: PIEDMONT
Tax Municipality: Maricopa - COUNTY
Taxes: 2106
Tax Year: 2022
Marketing Name: Hatcher
General Property Description
Lot Size Dimensions: 161174
Year Built: 1948
Uncvrd Parking Spcs: 8
Total # of Units: 8
# of Buildings: 2
Zoning: R-5
Flood Zone: No
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Geo Lat: 33.57155
Geo Lon: -112.071489
Status Change Info
Status Change Date: 2023-03-17
Legal Info
Lot Number: 42
Income & Expenses
Annual Elec Exp: 6400
Annual Ins Exp: 2400
Annual Landscape Exp: 2000
Annual Legal & Acctg: 1600
Annual Maint Exp: 4200
Annual Mgmt Exp: 5951
Owner Association: No
Annual Rplcmnt Rsrvs: 2400
Annual Other Expense: 1000
Operating Exp: 28057
Gross Annual Sch Inc: 125334
Other Income: 1200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 120207.3
Net Operating Income: 89958
Pmt & Rate Info
Cap Rate: 6.08
Down Payment %: 40
Equity: 1480000
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1187.5
Avg SqFt: 510
# Baths: 4
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1450
Avg SqFt: 625
# Baths: 4
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Vinyl; Wood
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Refrigerator; Disposal; Microwave; Washer/Dryer
Heating: Natural Gas; Individual
Cooling: Ceiling Fan(s); Individual
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Electric
Tenant Pays: Water; Sewer; Trash; Landscaping
Source of Fincl Data: Provided by Owner; Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
New Financing: FHA; Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Marcus & Millichap
Last Updated: January - 23 - 2024
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