$999,999
Phoenix, AZ 85008
MLS# 7015971
1 / 1
Property Description
Welcome to a truly exceptional and rare real estate opportunity! Single story 4 bed/3 bath mainhome with 2 additional detached rental units on property. Don't miss your chance to acquire this fully remodeled, permitted triplex-a property that defines 'turnkey' and offers income-generating potential. Whether you're the Savy Investor looking for a remodeled, clean income-generating property or a Smart Owner-Occupant that lives in a 4-bed main house and rents out rental units to offset the mortgage. 27th Street is a Money Maker in multiple ways. The main house yard is large enough to build even more if desired. Did I mention that each unit has its own private yard, entrance, and parking. Well, they do... This prime location provides easy access to Phoenix Downtown, Airport and Shopping.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $999,999
List Price: $999,999
Status: Active
List Date: 2026-04-16
Location, Tax & Legal
Assessor's Map #: 30
Legal Description (Abbrev): LOT 182 EAST THOMAS ROAD TR 4 MCR 002618
Assessor's Parcel #: 96
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111502
Taxes: 1983
Legal: Lot 182 East Thomas Road TR 4
Marketing Name: 27th TR 4
House Number: 2221
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2771
County Code: Maricopa
Subdivision: EAST THOMAS ROAD TR 4
Assessor Number: 120-30-096
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 135x100
Flood Zone: No
Total # of Units: 3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: The Creighton Academy
High School: Metro Tech High School
Year Built: 1957
Zoning: R-3
Legal Info
Range: 3E
Section: 35
Township: 2N
Lot Number: 182
Project Type
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Brick Veneer: 1
Siding: 1
Roofing
Composition: 1
Tile: 1
Floors
Tile: 1
Concrete: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1983
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 82800
Pmt & Rate Info
Cap Rate: 6.5
Equity: 999999
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Fenced: 1
RV/Boat Parking: 1
Curb(s) & Gutter(s): 1
Satellite Dish: 1
Cable TV Available: 1
Sidewalk(s): 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Breakfast Bar: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Assigned: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
FHA: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 826
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 1
Avg Rent: 3300
Avg SqFt: 2215
# Baths: 3
Remarks Misc
Cross Street: 24th St and Oak
Directions: East on Oak to 27th street, south on 27th street to property on the left.
Geo Lat: 33.472276
Geo Lon: -112.023404
Income Expenses
Gross Annual Sch Inc: 82800
Net Operating Income: 65000
Property Features
Project Type: Other (See Remarks)
Other Type: House + Rental Units
Construction: Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer; Siding
Roofing: Composition; Tile
Floors: Tile; Concrete; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; RV/Boat Parking; Curb(s) & Gutter(s); Satellite Dish; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; >1 Space Per Unit; Assigned; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 1st Loan: FHA
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Compass
Last Updated: April - 18 - 2026
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