$1,525,000
Phoenix, AZ 85008
MLS# 6532645
1 / 8
Details
Maps
Contract Info
Current Price: $1,525,000
List Price: $1,525,000
Status: Active
List Date: 2023-03-15
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P35
House Number: 1801
Compass: N
Street Name: 25th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: USA
County Code: Maricopa
Assessor's Map #: 29
Assessor's Parcel #: 48
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 120-29-048-A
Legal: SUNSET AC W 225' OF S2 LOT 27 EX W 20'
Tax Municipality: Maricopa - COUNTY
Taxes: 2160
Tax Year: 2022
Marketing Name: 25th Plave
General Property Description
Lot Size Dimensions: 20393
Year Built: 1958
Uncvrd Parking Spcs: 2
Total # of Units: 7
# of Buildings: 6
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Geo Lat: 33.467723
Geo Lon: -112.026368
Status Change Info
Status Change Date: 2023-03-17
Legal Info
Lot Number: 27
Income & Expenses
Annual Elec Exp: 8688
Annual Ins Exp: 2100
Annual Landscape Exp: 1400
Annual Legal & Acctg: 1400
Annual Maint Exp: 4375
Annual Mgmt Exp: 5471
Owner Association: No
Annual Rplcmnt Rsrvs: 2100
Annual Other Expense: 875
Operating Exp: 28569
Gross Annual Sch Inc: 116400
Other Income: 1
Vacancy Allowance: 0.05
Adjusted Gross Inc: 110580.95
Net Operating Income: 80847
Pmt & Rate Info
Cap Rate: 5.3
Down Payment %: 30
Equity: 1525000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1225
Avg SqFt: 675
# Baths: 2
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 1520
Avg SqFt: 840
# Baths: 5
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Fire/Smoke Alarm(s)
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Individual
Cooling: Ceiling Fan(s); Individual; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Carport; Street Parking; 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner; Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Marcus & Millichap
Last Updated: January - 23 - 2024
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