$440,000
2021 W WASHINGTON Street
Phoenix, AZ 85009
MLS# 5847866
Status: Closed



2021 W WASHINGTON Street, Phoenix, AZ 85009
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2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009 2021 W WASHINGTON Street, Phoenix, AZ 85009

Property Description
VALUE ADD 7-UNIT PROPERTY! Owner has completely remodeled two units! Spent 30k on each! Main house has a brand new roof and new windows. Owner has done all the hard work for you! Owner currently working with city of Phoenix Veteran program that places Veterans in home at $625/ door. Amazing potential for any investor with an already great cap rate!

Details
Maps
Contract Info
Current Price: $440,000
Sold Price: $440,000
Status: Closed
List Date: 2018-11-16
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q33
House Number: 2021
Compass: W
Street Name: WASHINGTON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5271
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 5 BLOCK 43 CAPITOL BLK 43, 44, 35-38, 29, 30 MCR 000213
Subdivision: CAPITOL BLK 43, 44, 35-38, 29, 30
Assessor's Map #: 49
Assessor's Parcel #: 101
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 109-49-101-A
Legal: LOT 5 BLOCK 43 CAPITOL BLK 43, 44, 35-38, 29, 30 MCR 000213
Census Tract: 114402
Tax Municipality: Phoenix
Taxes: 1124
Tax Year: 2017
Marketing Name: Capitol Blk
General Property Description
Lot Size Dimensions: 14,000
Year Built: 1931
Total # of Units: 7
# of Buildings: 4
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: WASHINGTON ST AND 19TH AVE
Directions: WEST ON JEFFERSON TO 20TH AVE. SOUTH TO WASHINGTON. PROCEED WEST TO PROPERTY
Geo Lat: 33.447752
Geo Lon: -112.103182
Status Change Info
Status Change Date: 2019-01-04
Off Market Date: 2019-01-04
Under Contract Date: 2018-12-17
Close of Escrow Date: 2019-01-02
Sold Price: $440,000
Legal Info
Township: 1N
Range: 2E
Section: 12
Block: 43
Lot Number: 5
Income & Expenses
Annual Elec Exp: 3600
Annual Ins Exp: 3000
Annual Trash Exp: 1200
Annual Wtr/Swr Exp: 2400
Owner Association: No
Operating Exp: 11324
Gross Annual Sch Inc: 36000
Adjusted Gross Inc: 36000
Totl Mnth Rntal Inc: 3000
Net Operating Income: 45000
Pmt & Rate Info
Cap Rate: 9.47
Equity: 475000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 500
Avg SqFt: 625
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 625
Avg SqFt: 750
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced
Interior Amenities: Unfurnished
Appliances Included: Refrigerator
Heating: Individual; Window/Wall Unit(s)
Cooling: Window/Wall Unit; Individual
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Electric; Trash Collection
Tenant Pays: Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Private
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Private
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Go Sold Realty

Last Updated: September - 04 - 2019

2021 W WASHINGTON Street, Phoenix, AZ 85009 - MLS# 5847866
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