$855,000
Peoria, AZ 85382
MLS# 6426258
Status: Closed
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Property Description
Multi- family or income producing property here! The main home could easily bring in great rental income with all this property has to offer. It already has 2 tenants on a month to month lease at $900 each with room for a rental rate increase. 3 dwellings total and all have their own entrance, parking and carport or garage. That doesn't even include the RV garage, or pool area that all could benefit from. This property screams opportunity for those looking to combine homes or for a large property in north Peoria who like the idea of there already being income producing tenants in place. Call today for all the details.
Details
Maps
Contract Info
Current Price: $855,000
Sold Price: $855,000
Status: Closed
List Date: 2022-06-29
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: J31
House Number: 8742
Compass: W
Street Name: DEER VALLEY
St Suffix: Road
City/Town Code: Peoria
State/Province: AZ
Zip Code: 85382
Zip4: 2453
Country: USA
County Code: Maricopa
Legal Description (Abbrev): W 9F OF E2 S2 W2 SE4 SE4 SW4 SEC 15 & W2 S2 W2 SE4 SE4 SW4 SD SEC & W2 OF S 18.33F OF S2 N2 W2 SE4 S
Assessor's Map #: 8
Assessor's Parcel #: 652
Add'l Parcels: No
Assessor Number: 200-08-652
Legal: W 9F OF E2 S2 W2 SE4 SE4 SW4 SEC 15 & W2 S2 W2 SE4 SE4 SW4 SD SEC & W2 OF S 18.33F OF S2 N2 W2 SE4 S
Census Tract: 613800
Tax Municipality: Maricopa - COUNTY
Taxes: 2260
Tax Year: 2021
Marketing Name: North Peoria
General Property Description
Lot Size Dimensions: 145.53 x 295.07 x 131.30 x 279.62
Year Built: 1982
Total # of Units: 3
# of Buildings: 3
Zoning: residential
Flood Zone: No
Elementary School: Coyote Hills Elementary School
Jr. High School: Coyote Hills Elementary School
High School: Liberty High School
Elementary School District: Peoria Unified School District
High School District: Peoria Unified School District
Remarks & Misc
Cross Street: 91st Avenue and Deer Valley Road
Directions: Head north on 91st Ave towards Deer Valley Rd. Turn right onto Deer Valley Rd. Property is on the left.
Geo Lat: 33.682247
Geo Lon: -112.248254
Status Change Info
Status Change Date: 2022-08-07
Off Market Date: 2022-07-17
Under Contract Date: 2022-07-13
Close of Escrow Date: 2022-08-05
Sold Price: $855,000
Legal Info
Township: 4N
Range: 1E
Section: 15
Income & Expenses
Owner Association: No
Operating Exp: 2260
Gross Annual Sch Inc: 21600
Adjusted Gross Inc: 21600
Net Operating Income: 18000
Pmt & Rate Info
Cap Rate: 2.06
Equity: 875000
Efficiency Units
# Efficiency Units: 1
Avg Rent: 900
Avg SqFt: 754
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 900
Avg SqFt: 988
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2600
Avg SqFt: 2030
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 3500
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Frame - Wood
Const - Finish: Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Pool Equipment; Laundry Equipment
Community Amenities: Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; RV/Boat Parking; Cable TV Available; Patio/Balcony; Separate Storage
Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Window/Wall Unit(s); 2 or More Units
Cooling: Ceiling Fan(s); Window/Wall Unit
Water: Private Franchise
Sewer: Sewer - Public
Electric: APS; Submetered System
Gas: None
Parking: Garage; Street Parking; >1 Space Per Unit; Add'l Parking Avail; RV/Boat Parking; Free
Roads/Streets: Asphalt
Owner Pays: Water; Electric; Trash Collection; Cable TV; Landscaping; Pool/Spa Maintenance
Tenant Pays: None
Source of Fincl Data: Provided by Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; Conventional; Seller May Carry
Reports/Disclosures: None
Environmental: None
Listing Office: W and Partners, LLC
Last Updated: August - 07 - 2022
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