$1,100,000
Phoenix, AZ 85014
MLS# 6612589
1 / 4
Property Description
Located in one of the most sought-after areas of Central Phoenix, this charming property offers entry into a market where new larger-scale multi-family properties are being built. This high-demand area is highly sought after due to its proximity to large employment centers and easy access to the 51 and downtown.
Details
Maps
Contract Info
Current Price: $1,100,000
List Price: $1,100,000
Status: Active
List Date: 2023-10-02
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1115
Compass: E
Street Name: MCLELLAN
St Suffix: Boulevard
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1200
Country: USA
County Code: Maricopa
Legal Description (Abbrev): BELLAMY AC LOT 9 S 132' OF N 157' OF E 80'
Subdivision: BELLAMY ACRES
Assessor's Map #: 6
Assessor's Parcel #: 9
Assessor Parcel Ltr: B
Add'l Parcels: No
Assessor Number: 161-06-009-B
Legal: BELLAMY AC LOT 9 S 132' OF N 157' OF E 80'
Census Tract: 106501
Tax Municipality: Phoenix
Taxes: 2282
Tax Year: 2022
Marketing Name: unk
General Property Description
Lot Size Dimensions: 10560
Year Built: 1960
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: R3
Elementary School: Madison Elementary School
Jr. High School: Madison #1 Middle School
High School: North High School
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 12th street and Maryland
Directions: North to Mclellan property on the south side of the road
Geo Lat: 33.532581
Geo Lon: -112.057539
Status Change Info
Status Change Date: 2024-04-05
Legal Info
Lot Number: 009
Income & Expenses
Annual Ins Exp: 1350
Annual Landscape Exp: 2160
Annual Wtr/Swr Exp: 2400
Owner Association: No
Operating Exp: 8192
Gross Annual Sch Inc: 67228
Adjusted Gross Inc: 67228
Net Operating Income: 57076
Pmt & Rate Info
Cap Rate: 5.19
Down Payment %: 30
Monthly Payments: 5500
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1287
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1850
Avg SqFt: 550
# Baths: 1
Contact Info
List Agent Home Phn: 602-920-3131
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool; Other
Exterior Amenities: Other (See Remarks)
Interior Amenities: Vertical Blinds; Mini Blinds
Appliances Included: Refrigerator; Washer/Dryer; Other (See Remarks)
Heating: Ceiling; Central; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Street Parking; 1 Space/Unit
Roads/Streets: Dedicated Street
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Special: Accept Backups (CLO)
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Conventional; No Carry; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: HomeSmart
Last Updated: April - 14 - 2024
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