$460,000
Phoenix, AZ 85040
MLS# 6281399
Status: Closed
1 / 16
Property Description
Established church property for in South Phoenix. Parcel #'s 122-39-064 & -062. This property generates $3,000/month in income from the tenant/operator. The property is zoned R-3 multi-family, so an adaptive use to multi-family is an option! Excellent worship & lobby area along with a mens/ladies restrooms. A mezzanine area overlooks the worship area. In the rear is a kitchen and dining area for gatherings! There is a whole other parcel included in the sale for expansion. Owner will consider a seller carry-back with at least $100,000 down.
Details
Maps
Contract Info
Current Price: $460,000
Sold Price: $460,000
Status: Closed
List Date: 2021-08-19
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R35
House Number: 1731
Compass: E
Street Name: WOOD
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1361
County Code: Maricopa
Subdivision: BELMONT PARK BLKS 1, 3 & 5
Assessor Number: 122-39-064
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 3312
# of Buildings: 1
Year Built: 1984
Uncvrd Parking Spcs: 10
Zoning: R-3
Remarks Misc
Cross Street: 16th Street & Broadway Road
Directions: go north on 16th Street, east on Wood Street to the building. Property on the south side.
Geo Lat: 33.408344
Geo Lon: -112.043475
Status Change Info
Off Market Date: 2021-12-22
Under Contract Date: 2021-11-15
Close of Escrow Date: 2021-12-21
Sold Price: $460,000
Legal Info
Township: 1N
Range: 3E
Section: 22
Lot Number: 15 &13
Income Expenses
Gross Annual Sch Inc: 36000
Net Operating Income: 36000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Other (See Remarks)
Business Type: Religious Facility
Stories: 2 Stories
Construction: Block
Roofing: Composition
Floors: Ceramic Tile; Carpet
Ceiling Height: 16.1 Feet to 28 Feet
Cooling: Central Air
Loading Facilities: None
Interior: Finished; Security System; Security Light(s); Security Camera(s)
Exterior: Security Light(s)
Fencing: Chain Link
Parking Features: Free
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer-In & Connected
New Financing: Cash Only; Owner May Carry; 1031 Exchange
Source of Fincl Data: Owner
Environmental: None
Listing Office: Realty ONE Group
Last Updated: January - 03 - 2024
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.