$1,000,000
Buckeye, AZ 85326
MLS# 6579528
1 / 19
Property Description
HAVE YOU EVER CONSIDERED OWNING A FEW RENTAL UNITS? THIS IS YOUR CHANCE-6 UNITS READY TO BE YOURS. THIS PROPERTY WAS RENOVATED IN 2020 REPLACING ALL NEW ROOFS, AC AND MINI SPLITS, TILE FLOORING, SHOWERS, APPLIANCES-EVERYTHING. THIS PROPERTY OFFERS VERY LITTLE OVERHEAD, LANDLORD ONLY PROPERTY INSURANCE AND LANDSACPING. ALL UNITS HAVE THEIR OWN SEPERATE METERS SO EACH TENANT TAKES CARE OF THEIR OWN MONTHLY UTILITIES.
Details
Maps
Contract Info
Current Price: $1,000,000
List Price: $1,000,000
Status: Active
List Date: 2023-07-12
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: S24
House Number: 108
Compass: S
Street Name: 7TH
St Suffix: Street
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
Country: USA
County Code: Maricopa
Assessor's Map #: 25
Assessor's Parcel #: 87
Add'l Parcels: No
Assessor Number: 400-25-087
Legal: NW4 NW4 NW4 SE4 EX E 150' & EX BEG AT INTER OF S LN MONROE AV & E LN 7TH ST TH ESLY 150' SLY 162.5'
Tax Municipality: Maricopa - COUNTY
Taxes: 1211
Tax Year: 2022
Marketing Name: UNKNOWN
General Property Description
Lot Size Dimensions: 149.10X134.16X148.48X133.59
Year Built: 1951
Uncvrd Parking Spcs: 12
Total # of Units: 6
# of Buildings: 3
Zoning: C-C
Flood Zone: No
Elementary School: Buckeye Elementary School
Jr. High School: Buckeye Elementary School
High School: Buckeye Union High School
Elementary School District: Buckeye Elementary District
High School District: Buckeye Union High School District
Remarks & Misc
Cross Street: 7TH ST & MONROE
Directions: WEST ON THE 10-FWY, EXIT MILLER PROCEED SOUTH UNTIL YOU REACH MONROE, ON MONROE MAKE A LEFT, MAKE A RIGHT ON 7TH ST, PROPERTY WILL BE ON THE LEFT-HAND SIDE.
Geo Lat: 33.369746
Geo Lon: -112.581765
Status Change Info
Status Change Date: 2024-02-02
Legal Info
Lot Number: N/A
Income & Expenses
Annual Ins Exp: 3600
Annual Landscape Exp: 2160
Owner Association: No
Operating Exp: 6971
Gross Annual Sch Inc: 73200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 69540
Net Operating Income: 67440
Pmt & Rate Info
Cap Rate: 6.13
Monthly Payments: 180
Equity: 1100000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 1000
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1250
Avg SqFt: 850
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block; Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Personal Property; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Fenced
Interior Amenities: Mini Blinds
Appliances Included: F/S Oven/Range; Microwave; Washer/Dryer
Heating: Window/Wall Unit(s)
Cooling: Electric; Window/Wall Unit; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: >1 Space Per Unit
Roads/Streets: Gravel; Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Gas; Trash; Cable TV
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Lockbox Type: None
Existing 1st Loan: Private
New Financing: FHA; Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: April - 03 - 2024
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