$820,000
Phoenix, AZ 85016
MLS# 6675932
Status: UCB (Under Contract-Backups)
1 / 29
Property Description
Welcome to a rare investment opportunity in the coveted Biltmore area! This 4-plex seamlessly combines modern comfort with classic charm. Recent renovations include upgraded AC, electrical, flooring, plumbing, and a new roof, all completed in 2020. This property offers not only a prime location but also a chance for investors to thrive. Whether you're looking for an income-generating asset or considering house hacking, this versatile property has it all. Live in one unit and let the others contribute to your mortgage, making urban living both stylish and financially savvy.
Details
Maps
Contract Info
Current Price: $820,000
List Price: $820,000
Status: UCB (Under Contract-Backups)
List Date: 2024-03-05
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4212
Compass: N
Street Name: 19TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 5499
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PETERS VIEW TR
Subdivision: PETERS VIEW TRACT
Assessor's Map #: 29
Assessor's Parcel #: 31
Add'l Parcels: No
Assessor Number: 163-29-031
Legal: PETERS VIEW TR
Census Tract: 108501
Tax Municipality: Phoenix
Taxes: 1948
Tax Year: 2023
Marketing Name: .
General Property Description
Lot Size Dimensions: 7589
Year Built: 1947
Uncvrd Parking Spcs: 3
Total # of Units: 4
# of Buildings: 1
Zoning: Residential
Elementary School: Madison Camelview Elementary
Jr. High School: Madison Park School
High School: North High School
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 19th St and Glenrosa
Geo Lat: 33.497553
Geo Lon: -112.04138
Status Change Info
Status Change Date: 2024-04-08
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 2N
Range: 3E
Section: 22
Lot Number: 10
Income & Expenses
Owner Association: No
Operating Exp: 1948
Gross Annual Sch Inc: 62000
Vacancy Allowance: 0.1
Adjusted Gross Inc: 55800
Net Operating Income: 65000
Pmt & Rate Info
Cap Rate: 7.93
Monthly Payments: 3350
Equity: 820000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1291
Avg SqFt: 613
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1291
Avg SqFt: 613
# Baths: 1
Property Features
Project Type: Four Plex
Other Type: House + Rental Units
Construction: Brick
Const - Finish: Stucco
Roofing: Comp Shingle; Foam
Floors: Concrete
Sale Includes: Land & Building
Community Amenities: No Pool
Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); ENERGY STAR Qualified Equipment
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Carport; Assigned; Free
Roads/Streets: Asphalt; Sidewalk(s)
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: None
Source of Fincl Data: Unknown
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: VA; FHA; Conventional; Seller May Carry; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: LPT Realty, LLC
Last Updated: April - 08 - 2024
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