$724,990
1414 E BROWN Street
Phoenix, AZ 85020
MLS# 6621000



1414 E BROWN Street, Phoenix, AZ 85020
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Property Description
Brand new roof! Brand new plumbing! Carport with 6 spaces (2 per unit). Washer & dryer included in each unit. Located on foothills of Phoenix Mountains Preserve in a cul-de-sac. All three units updated, unit 2 being fully updated this year. Close to employment, great schools and food/restaurants, this building makes for an excellent and rare investment opportunity.

Details
Maps
Contract Info
Current Price: $724,990
List Price: $724,990
Status: Active
List Date: 2023-10-21
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1414
Compass: E
Street Name: BROWN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 1901
Country: USA
County Code: Maricopa
Legal Description (Abbrev): MOUNTAIN HOME TR LOT 19 S2 W2 EX S 25'
Subdivision: MOUNTAIN HOME TRACT LOTS 17 THRU 24 41 THRU 48
Assessor's Map #: 29
Assessor's Parcel #: 7
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 159-29-007-A
Legal: MOUNTAIN HOME TR LOT 19 S2 W2 EX S 25'
Census Tract: 104702
Tax Municipality: Phoenix
Taxes: 670
Tax Year: 2022
Marketing Name: Three on Brown
General Property Description
Lot Size Dimensions: SEE MONSOON
Year Built: 1970
Uncvrd Parking Spcs: 2
Total # of Units: 3
# of Buildings: 1
Zoning: R-3
Flood Zone: No
Elementary School: Washington Elementary School - Phoenix
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: 14th Street & Brown Street
Directions: From Mountain View Rd, go north on 14th St then east on Brown St, property on left.
Geo Lat: 33.577874
Geo Lon: -112.051543
Status Change Info
Status Change Date: 2023-10-21
Legal Info
Township: 3N
Range: 3E
Section: 28
Lot Number: 19
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 47400
Vacancy Allowance: 0.05
Net Operating Income: 45400
Pmt & Rate Info
Cap Rate: 6.05
Equity: 749990
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1300
Avg SqFt: 710
# Baths: 1
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Building(s) Only; Land & Building; Laundry Equipment
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Submetered System
Gas: None
Parking: Carport; >1 Space Per Unit; Add'l Parking Avail; Free; Paved Parking
Roads/Streets: Gravel; Dirt; Asphalt; Curb(s) & Gutter(s); Sidewalk(s)
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Lockbox Type: See Private Remarks
New Financing: VA; FHA; Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None

Listing Office: HomeSmart

Last Updated: January - 29 - 2024

1414 E BROWN Street, Phoenix, AZ 85020 - MLS# 6621000
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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