$799,999
Phoenix, AZ 85020
MLS# 6682813
1 / 9
Property Description
Excellent investment opportunity awaits with this listing! Comprised of four two-bedroom/1 bath units. All of the units have been fully renovated. The property shares a courtyard with another 4 plex property that is also for sale separately at 102 E Hatcher Rd MLS #6682798. Take advantage of financing options like a conventional loan with only 5% down. Perfect opportunity to occupy 1 unit and rent out the other three.
Details
Maps
Contract Info
Current Price: $799,999
List Price: $799,999
Status: Active
List Date: 2024-03-26
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 9404
Compass: N
Street Name: 2ND
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2010
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 41 PIEDMONT MCR 003827
Subdivision: PIEDMONT
Assessor's Map #: 44
Assessor's Parcel #: 40
Add'l Parcels: No
Assessor Number: 159-44-040
Legal: LOT 41 PIEDMONT MCR 003827
Census Tract: 104600
Tax Municipality: Phoenix
Taxes: 1163
Tax Year: 2023
Marketing Name: Piedmont
General Property Description
Lot Size Dimensions: 7307
Year Built: 1947
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: R-6
Elementary School: Sunnyslope Elementary School
High School: Sunnyslope High School
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: Central and Hatcher
Directions: East on Hatcher Rd, North on 2nd pl, property will be on the west side of 2nd pl.
Geo Lat: 33.571726
Geo Lon: -112.071498
Status Change Info
Status Change Date: 2024-03-26
Legal Info
Township: 3N
Range: 3E
Section: 29
Lot Number: 41
Income & Expenses
Owner Association: No
Operating Exp: 1163
Gross Annual Sch Inc: 63000
Vacancy Allowance: 0.05
Adjusted Gross Inc: 59850
Net Operating Income: 9311.98
Pmt & Rate Info
Cap Rate: 1.16
Equity: 799999
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1312.5
Avg SqFt: 750
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block; Frame - Wood
Const - Finish: Stucco
Roofing: Foam; Rolled
Floors: Vinyl; Wood
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Cable TV Available
Appliances Included: Refrigerator; Disposal; Microwave; W/D Hookup
Heating: Natural Gas; Individual
Cooling: Ceiling Fan(s); Individual
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Landscaping
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: ES Realty
Last Updated: April - 07 - 2024
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