$1,250,000
Phoenix, AZ 85013
MLS# 6699488
1 / 69
Property Description
Seize the chance with this fantastic investment opportunity! This multi-dwelling residence offers a rental possibility. Each unit boasts well-maintained living areas for an inviting atmosphere, well-equipped kitchens to cater to all culinary needs, well-sized bedrooms, and full bathrooms. Ceramic tile & vinyl floors, a neutral palette, and abundant natural light can be also found inside the units! Strategically positioned in proximity to bus stops for easy commuting, a variety of restaurants, shopping options, schools, and parks for outdoor recreation. Don't miss out!
Details
Maps
Contract Info
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2024-05-01
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 834
Compass: W
Street Name: OSBORN
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 3681
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 8 NORTH PARK CENTRAL UNIT 4 MCR 005236
Subdivision: NORTH PARK CENTRAL UNIT 4
Assessor's Map #: 13
Assessor's Parcel #: 138
Add'l Parcels: No
Assessor Number: 110-13-138
Legal: LOT 8 NORTH PARK CENTRAL UNIT 4 MCR 005236
Census Tract: 110400
Tax Municipality: Phoenix
Taxes: 2007
Tax Year: 2023
Marketing Name: Dwellings on Osborn
General Property Description
Lot Size Dimensions: 13.924 sf
Year Built: 1954
Uncvrd Parking Spcs: 2
Total # of Units: 4
# of Buildings: 1
Zoning: R-4
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Osborn Rd and 7th Ave
Directions: Head west on E Osborn Rd. The property will be on the right.
Geo Lat: 33.488054
Geo Lon: -112.085492
Status Change Info
Status Change Date: 2024-05-01
Legal Info
Township: 2N
Range: 3E
Section: 30
Lot Number: 8
Income & Expenses
Annual Ins Exp: 1692
Annual Landscape Exp: 1192
Annual Legal & Acctg: 1300
Annual Maint Exp: 1800
Annual Wtr/Swr Exp: 3687
Owner Association: No
Operating Exp: 11678
Gross Annual Sch Inc: 70200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 66690
Totl Mnth Rntal Inc: 5600
Net Operating Income: 61789
Pmt & Rate Info
Cap Rate: 4.94
Down Payment %: 25
Equity: 1250000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1350
Avg SqFt: 750
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1500
Avg SqFt: 1000
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Siding
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Green Landscaping; Fenced; Separate Storage
Interior Amenities: Unfurnished
Appliances Included: BI Oven/Range; F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual
Cooling: Ceiling Fan(s); Window/Wall Unit; Individual; Central A/C
Water: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Carport; 1 Space/Unit
Roads/Streets: Asphalt; Alley
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Close Pros
Last Updated: May - 16 - 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.