$462,000
3111 W JEFFERSON Street
Phoenix, AZ 85009
MLS# 6712385



3111 W JEFFERSON Street, Phoenix, AZ 85009
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Property Description
Great cashflow investment opportunity on these two bedrooms / 1 bath each unit triplex. All units include all appliances, its own A/C, all electric, no gas, no carpet. Unit 2 just got a new air conditioner installed, new cabinets in kitchen, new bathtub, new flooring and all interior has been painted. Landlord pays water, sewer and trash. Each unit is individually metered, tenants pay their power. Front water line was recently redone. Do NOT disturb tenants Please.

Details
Maps
Contract Info
Current Price: $462,000
List Price: $462,000
Status: Active
List Date: 2024-05-30
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3111
Compass: W
Street Name: JEFFERSON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 4866
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PROSPERITY PARK
Subdivision: PROSPERITY PARK
Assessor's Map #: 40
Assessor's Parcel #: 35
Add'l Parcels: No
Assessor Number: 109-40-035
Legal: PROSPERITY PARK
Census Tract: 114500
Tax Municipality: Phoenix
Taxes: 765
Tax Year: 2023
Marketing Name: PROSPERITY PARK
General Property Description
Lot Size Dimensions: 7680
Year Built: 1986
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 1
Zoning: R-3
Flood Zone: No
Elementary School: Ira A Murphy
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 31st Ave and Van Buren
Directions: from 31st Ave & Van Buren go West on Van Buren, then South on 31st Ave to West onto Jefferson
Geo Lat: 33.446451
Geo Lon: -112.126609
Status Change Info
Status Change Date: 2024-06-29
Legal Info
Township: 1N
Range: 2E
Section: 11
Lot Number: 5
Income & Expenses
Owner Association: No
Operating Exp: 765
Net Operating Income: 36000
Pmt & Rate Info
Cap Rate: 7.79
Monthly Payments: 1000
Equity: 462000
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1000
Avg SqFt: 730
# Baths: 1
Contact Info
List Agent Home Phn: 480-628-3862
Property Features
Project Type: Tri-Plex
Construction: Block; Frame - Wood
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Security Light(s)
Interior Amenities: Unfurnished
Appliances Included: BI Oven/Range; Refrigerator
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Paved Parking
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Water; Cable TV
Source of Fincl Data: Provided by Owner
Special: Have First Right
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm; Boundary Survey Avlb
Environmental: None

Listing Office: HomeSmart

Last Updated: June - 30 - 2024

3111 W JEFFERSON Street, Phoenix, AZ 85009 - MLS# 6712385
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Broker Attribution: 480-628-3862