$2,200,000
Phoenix, AZ 85012
MLS# 6680239
Status: Closed
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Property Description
Don't miss this exceptional opportunity, NO HOA! This Fourplex in Thomas Place offers both convenience and luxury. Inside enjoy spacious great rooms, modern kitchens with white cabinets, stainless steel appliances, granite countertops, and inviting breakfast bars. Two units offer 3 bedrooms and 2.5 bathrooms, while the other two feature 2 bedrooms plus a loft and 2.5 bathrooms, all spanning 1600 sqft and coming with a 2-car garage. Nestled in a prime location, this property provides easy access to popular restaurants, shops, and attractions, with private backyard spaces featuring synthetic grass and paver patios. This 4-unit property presents an incredible investment opportunity!
Details
Maps
Contract Info
Current Price: $2,200,000
Sold Price: $2,200,000
Status: Closed
List Date: 2024-03-21
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3800
Compass: N
Street Name: 6TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Zip4: 2025
Country: USA
County Code: Maricopa
Legal Description (Abbrev): THOMAS PL MCR 3/67 LOT 12 BLK 5 EX W 1F ALLEY P/F 2021-025875
Subdivision: THOMAS PLACE
Assessor's Map #: 24
Assessor's Parcel #: 122
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 118-24-122-A
Legal: THOMAS PL MCR 3/67 LOT 12 BLK 5 EX W 1F ALLEY P/F 2021-025875
Census Tract: 110502
Tax Municipality: Phoenix
Taxes: 6957
Tax Year: 2023
Marketing Name: na
General Property Description
Lot Size Dimensions: unknown
Year Built: 2022
Total # of Units: 4
# of Buildings: 1
Zoning: R-3
Elementary School: Longview Elementary School
Jr. High School: Phoenix Coding Academy
High School: Central High School
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 7th St & Thomas Rd
Directions: Head north on N 7th St, Turn left onto E Clarendon Ave. Property will be on the right.
Geo Lat: 33.491253
Geo Lon: -112.06692
Status Change Info
Status Change Date: 2024-04-26
Off Market Date: 2024-04-26
Under Contract Date: 2024-03-29
Close of Escrow Date: 2024-04-25
Sold Price: $2,200,000
Legal Info
Township: 2N
Range: 3E
Section: 29
Lot Number: 12
Income & Expenses
Owner Association: No
Operating Exp: 6957
Net Operating Income: 133897
Pmt & Rate Info
Cap Rate: 6.09
Equity: 2200000
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 3600
Avg SqFt: 1600
# Baths: 25
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 3800
Avg SqFt: 1600
# Baths: 25
Sold Info
Loan Type: Other
Loan Years: 30
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession to Buyer: 1
Seller Concession $/%: %
Property Features
Project Type: Four Plex
Construction: Block; Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Other (See Remarks)
Floors: Vinyl
Sale Includes: Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Patio/Balcony
Interior Amenities: Fire/Smoke Alarm(s)
Appliances Included: Dishwasher; Disposal; Microwave
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Garage
Roads/Streets: Asphalt
Owner Pays: Water; Landscaping
Tenant Pays: Electric; Trash
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Reports/Disclosures: Appraisal
Environmental: Other (See Remarks)
Listing Office: West USA Realty
Last Updated: April - 26 - 2024
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