$690,000
Phoenix, AZ 85008
MLS# 6176216
Status: Closed
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Property Description
PICTURES COMING SOON! REMODELED 6 UNIT COMPLEX FULLY OCCUPIED WITH APPROX 6K IN RENTS P/MO. GREAT LOW MAINTENANCE INVESTMENT. MANAGEMENT WILLING TO STAY IN PLACE. SELLER CARRY CAN BE AN OPTION WITH 20% DOWN. STABLE TENANT BASE WITH ON-TIME PAYMENT HISTORY. DRIVE BY ONLY. DO NOT DISTURB THE TENANTS
Details
Maps
Contract Info
Current Price: $690,000
Sold Price: $690,000
Status: Closed
List Date: 2021-01-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q35
House Number: 417
Compass: N
Street Name: 32ND
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 6270
Country: USA
County Code: Maricopa
Legal Description (Abbrev): SHELTON ADD LOT 6 S 57' BLK 2
Subdivision: SHELTON ADD TO ACRE CITY
Assessor's Map #: 17
Assessor's Parcel #: 39
Add'l Parcels: No
Assessor Number: 121-17-039
Legal: SHELTON ADD LOT 6 S 57' BLK 2
Census Tract: 113602
Tax Municipality: Phoenix
Taxes: 1124
Tax Year: 2020
Marketing Name: 4 PLEX
General Property Description
Lot Size Dimensions: 8550
Year Built: 1952
Uncvrd Parking Spcs: 6
Total # of Units: 6
# of Buildings: 1
Zoning: R-5
Elementary School: Creighton Elementary School
Elementary School District: Creighton Elementary District
Remarks & Misc
Cross Street: Between ROOSEVELT & VAN BUREN/32ND ST
Directions: From Roosevelt, South on 32nd Street, East on Randolph to 32nd, South to Property
Geo Lat: 33.453114
Geo Lon: -112.011371
Status Change Info
Status Change Date: 2021-04-01
Off Market Date: 2021-04-01
Under Contract Date: 2021-01-25
Close of Escrow Date: 2021-03-15
Sold Price: $690,000
Legal Info
Township: 1N
Range: 3E
Section: 1
Block: 2
Lot Number: 6
Income & Expenses
Annual Elec Exp: 4200
Annual Gas Exp: 1600
Annual Ins Exp: 1000
Annual Wtr/Swr Exp: 2000
Owner Association: No
Operating Exp: 9924
Gross Annual Sch Inc: 73000
Adjusted Gross Inc: 73000
Totl Mnth Rntal Inc: 6100
Pmt & Rate Info
Equity: 729000
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 1006
Avg SqFt: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1175
Avg SqFt: 628
# Baths: 1
Contact Info
List Agent Home Phn: 480-718-9881
List Agent Hme Phn 2: 480-718-9881
Sold Info
Loan Type: Carryback
Loan Years: 3
Payment Type: Interest Only
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Built-Up; Rolled
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: Other; See Remarks
Exterior Amenities: Desert Landscaping
Appliances Included: F/S Oven/Range; Refrigerator; Washer/Dryer
Heating: Natural Gas
Cooling: Window/Wall Unit
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection; Other; See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
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; Seller May Carry
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: April - 01 - 2021
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