$799,000
Phoenix, AZ 85015
MLS# 6673401
1 / 7
Property Description
Introducing this recently updated fourplex, featuring (4) 2-bedroom, 1-bathroom units is 100% Occupied and ready for an investor seeking cash flow.
Details
Maps
Contract Info
Current Price: $799,000
List Price: $799,000
Status: Active
List Date: 2024-03-06
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3801
Compass: N
Street Name: 23RD
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5343
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 27 GERARDO PARK LOTS 1-10 MCR 004023
Subdivision: GERARDO PARK LOTS 1-10
Assessor's Map #: 4
Assessor's Parcel #: 17
Add'l Parcels: No
Assessor Number: 110-04-017
Legal: LOT 27 GERARDO PARK LOTS 1-10 MCR 004023
Census Tract: 117000
Tax Municipality: Phoenix
Tax Year: 2023
Marketing Name: N/A
General Property Description
Lot Size Dimensions: 69x129
Year Built: 1980
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: Yes
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 23rd Drive & Indian School
Directions: West from I-17 on Indian school road, South on 24th Avenue towards street dead end. Property on left.
Geo Lat: 33.491272
Geo Lon: -112.110239
Status Change Info
Status Change Date: 2024-03-06
Legal Info
Township: 2N
Range: 2E
Section: 25
Lot Number: 27
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 66600
Adjusted Gross Inc: 66600
Net Operating Income: 57700
Pmt & Rate Info
Cap Rate: 7.22
Equity: 799000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1400
Avg SqFt: 730
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Siding
Roofing: Other (See Remarks)
Floors: Other
Sale Includes: Land & Building
Community Amenities: See Remarks
Appliances Included: Other (See Remarks)
Heating: See Remarks
Cooling: See Remarks
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: 1 Space/Unit
Roads/Streets: Sidewalk(s)
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Projected Proforma
Lockbox Type: None
New Financing: No Carry
Reports/Disclosures: None
Environmental: None
Listing Office: Launch Powered By Compass
Last Updated: April - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.