$135,000
Phoenix, AZ 85040
MLS# 5846931
Status: Closed
1 / 6
Property Description
Great potential in this property! Two units both with a good size floorplan, 2 bedrooms, and 1 bath. Both untis have RV gates along with their own yard space with shade trees. Property is conveniently located minutes away from PHX Sky Harbor as well as downtown. Come check it out! Rent has not been raised since property was last purchased.
Details
Maps
Contract Info
Current Price: $135,000
Sold Price: $135,000
Status: Closed
List Date: 2018-11-14
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R35
House Number: 2554
Compass: E
Street Name: MOBILE
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2644
Country: USA
County Code: Maricopa
Legal Description (Abbrev): BEN-JO ESTATES MCR 35-24 POR LOTS 71 & 72 DAF COM NW COR SD LOT 72 TH E 91.11F TO POB TH CONT E 51.7
Subdivision: BEN-JO ESTATES
Assessor's Map #: 55
Assessor's Parcel #: 50
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 122-55-050-A
Legal: BEN-JO ESTATES MCR 35-24 POR LOTS 71 & 72 DAF COM NW COR SD LOT 72 TH E 91.11F TO POB TH CONT E 51.7
Census Tract: 116100
Tax Municipality: Maricopa - COUNTY
Taxes: 448
Tax Year: 2017
Marketing Name: NONE
General Property Description
Lot Size Dimensions: 55x120
Year Built: 1960
Uncvrd Parking Spcs: 7
Total # of Units: 2
# of Buildings: 1
Zoning: M-M
Elementary School: Martin Luther King Early Childhood Center
Jr. High School: Percy L Julian School
High School: South Mountain High School
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 24th St and Roeser Rd
Directions: North on 24th St. East on Mobile Ln to address.
Geo Lat: 33.401711
Geo Lon: -112.024597
Status Change Info
Status Change Date: 2018-12-14
Off Market Date: 2018-12-04
Under Contract Date: 2018-12-04
Close of Escrow Date: 2018-12-14
Sold Price: $135,000
Legal Info
Township: 1N
Range: 3E
Section: 26
Lot Number: 71
Income & Expenses
Annual Ins Exp: 530
Annual Wtr/Swr Exp: 4800
Owner Association: No
Operating Exp: 5778
Net Operating Income: 8400
Pmt & Rate Info
Cap Rate: 5.25
Equity: 160000
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 550
Avg SqFt: 720
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Other (See Remarks)
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator
Heating: Natural Gas
Cooling: Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear; Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: Century 21 Northwest
Last Updated: October - 05 - 2021
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