$650,000
Phoenix, AZ 85007
MLS# 6726800
Status: UCB (Under Contract-Backups)
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Property Description
4 plex located at 19th Ave and Buckeye. All units are one 1 bed/1 bath with stove and fridge included with all leases. All tenants pay a 1/4 share of the water, sewer, trash bill from City of Phoenix. Electric is individually metered. Units have had many major components updated and maintained in the last 5 years. Well maintained units with great maintenance records and roughly 9 months minimum left on leases. Professionally managed by long time property manager who does a fantastic job managing the units!
Details
Maps
Contract Info
Current Price: $650,000
List Price: $650,000
Status: UCB (Under Contract-Backups)
List Date: 2024-07-02
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 1702
Compass: W
Street Name: YUMA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3829
Country: USA
County Code: Maricopa
Assessor's Map #: 4
Assessor's Parcel #: 1
Add'l Parcels: No
Assessor Number: 105-04-001
Legal: LOT 1 BLOCK 1 CALLAWAY TRACT MCR 003541
Tax Municipality: Phoenix
Tax District: 211
Taxes: 804.96
Tax Year: 2023
Marketing Name: Centrally Located 4-plex
General Property Description
Lot Size Dimensions: UNK
Year Built: 1983
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: 4-PLEX
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 17TH AVE AND BUCKEYE.
Directions: SOUTH ON 17TH AVE TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE.
Geo Lat: 33.435207
Geo Lon: -112.095871
Status Change Info
Status Change Date: 2024-07-05
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Lot Number: 1
Cnty Rcrd Bk & Pg #: 3541
Income & Expenses
Annual Landscape Exp: 1200
Owner Association: No
Operating Exp: 2004.96
Gross Annual Sch Inc: 47104.2
Vacancy Allowance: 0.01
Adjusted Gross Inc: 46633.16
Totl Mnth Rntal Inc: 3925.35
Net Operating Income: 42088
Pmt & Rate Info
Cap Rate: 6.48
1st Payment Freq: None
2nd Payment Freq: None
3rd Payment Freq: None
Equity: 650000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 981.34
Avg SqFt: 416
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Heat Pump; Central A/C
Water: City Franchise; Master Meter; See Remarks
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electric; Trash; Cable TV
Source of Fincl Data: Provided by Owner
Special: Accept Backups (CLO)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: FHA
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Assume - Qualify
New Financing: Cash; CTL; VA; FHA; Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Real Broker
Last Updated: July - 06 - 2024
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