$460,000
Phoenix, AZ 85014
MLS# 6693808
1 / 11
Property Description
***OWNER WILL CARRY***25% down, 8.% ,30 year w/ 5 year Balloon. This property offers a great potential for cash flow with a two story duplex already in place, or for redevelopment into a larger multifamily property. The location in midtown Phoenix is highly desirable and offers easy access to amenities and transportation. This property offers endless opportunity to invest in a prime location.
Details
Maps
Contract Info
Current Price: $460,000
List Price: $460,000
Status: Active
List Date: 2024-04-18
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1002
Compass: E
Street Name: FAIRMOUNT
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4805
Country: USA
County Code: Maricopa
Legal Description (Abbrev): KAY TRACT LOT 28 S 171' & N 20' OF FAIRMOUNT AVE LY ADJ EX W 10' BLK 1
Subdivision: KAY TRACT
Assessor's Map #: 3
Assessor's Parcel #: 35
Add'l Parcels: No
Assessor Number: 118-03-035
Legal: KAY TRACT LOT 28 S 171' & N 20' OF FAIRMOUNT AVE LY ADJ EX W 10' BLK 1
Census Tract: 110600
Tax Municipality: Phoenix
Taxes: 2073
Tax Year: 2023
Marketing Name: 1002 E Fairmount Ave
General Property Description
Lot Size Dimensions: 171 x 66
Year Built: 1930
Total # of Units: 2
# of Buildings: 1
Zoning: R3
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Indian School and 7th Street
Directions: East on Indian School, South on 10th Street to Fairmount.
Geo Lat: 33.493251
Geo Lon: -112.060855
Status Change Info
Status Change Date: 2024-06-14
Legal Info
Township: 2N
Range: 3E
Section: 28
Lot Number: 28
Income & Expenses
Owner Association: No
Operating Exp: 2073
Pmt & Rate Info
Equity: 460000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg SqFt: 432
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg SqFt: 692
# Baths: 1
Contact Info
List Agent Home Phn: 602-723-2008
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Other
Sale Includes: Land & Building
Community Amenities: See Remarks
Appliances Included: F/S Oven/Range
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Other (See Remarks)
Roads/Streets: Gravel; Dirt
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Provided by Owner
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Seller May Carry
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: HomeSmart
Last Updated: June - 28 - 2024
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