$1,199,000
Phoenix, AZ 85008
MLS# 6664191
1 / 11
Property Description
100% OCCUPIED, 4917 + 4921 E. VIIRGINIA. GREAT LOCATION NEAR SCOTTSDALE IN A NICE RESIDENTIAL NEIGHBORHOOD. NEW ROOFS, NEW ASPHALT, MOST UNITS ARE REMODELED. NEWER A/C UNITS. 6 APATMENTS AND ONE SINGLE FAMILY HOME ON 1 LARGE LOT. APARTMENTS ARE SEPARATELY METERED FOR ELECTRIC AND GAS. HOUSE IS ALL ELECTRIC.
Details
Maps
Contract Info
Current Price: $1,199,000
List Price: $1,199,000
Status: Active
List Date: 2024-02-15
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4917
Compass: E
Street Name: VIRGINIA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 1617
Country: USA
County Code: Maricopa
Legal Description (Abbrev): ORANGEDALE TR N 153' OF E 91' OF W 342' OF LOT 23 EX E 10F & EX 5F X 5F TRI IN NE COR TH/OF
Subdivision: ORANGEDALE TRACT 11,13,14,15
Assessor's Map #: 17
Assessor's Parcel #: 16
Add'l Parcels: No
Assessor Number: 126-17-016
Legal: ORANGEDALE TR N 153' OF E 91' OF W 342' OF LOT 23 EX E 10F & EX 5F X 5F TRI IN NE COR TH/OF
Census Tract: 111201
Tax Municipality: Phoenix
Taxes: 1595
Tax Year: 2023
Marketing Name: Great Location
General Property Description
Lot Size Dimensions: irr
Year Built: 1952
Uncvrd Parking Spcs: 9
Total # of Units: 7
# of Buildings: 2
Zoning: multi
Flood Zone: No
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: E. THOMAS AND 52ND ST
Directions: SOUTH ON 52ND ST TO VIRGINIA. WEST ON VIRGINIA TO 49TH PLACE. PROPERTY IS ON THE NORTHEAST CORNER OF 49TH PL. AND VIRGINIA. TENANT PAY ELECTRIC, GAS AND CABLE. OWNER PAYS WATER AND TRASH.
Geo Lat: 33.476146
Geo Lon: -111.974994
Status Change Info
Status Change Date: 2024-02-15
Legal Info
Township: 2N
Range: 4E
Section: 32
Lot Number: 23
Income & Expenses
Annual Ins Exp: 2500
Annual Trash Exp: 1092
Annual Wtr/Swr Exp: 972
Owner Association: No
Operating Exp: 6159
Totl Mnth Rntal Inc: 7008
Net Operating Income: 77828
Pmt & Rate Info
Cap Rate: 6.23
Equity: 1250000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 6
Avg Rent: 900
Avg SqFt: 475
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1572
Avg SqFt: 750
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Heat Pump
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: >1 Space Per Unit; Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
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: No Carry; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Real Broker
Last Updated: March - 07 - 2024
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