PROPERTY DESCRIPTION Great investment property, 4 parcels, a total of 6 units, fully occupied, monthly rental income $ 3875.00. Perfect for owner occupant. Live in one unit and collect rent on the others,. Property consist Front house 3bedroom 1 bath, (1) one bedroom home and 4 studios. This is a must see, Seller maybe be willing to sell by parcel individually. The Property is located right off the New tram line on Central where Apartments are booming. Location - location - location.Buyer to verify all figures and measurement.Please drive by only, do not distrub Tenants.
PROPERTY ATTRIBUTES
ID___________________________________#6353348
County_______________________________MARICOPA
City__________________________________Phoenix
Neighborhood_________________________Jobe Tract
Zip___________________________________85040
Style
Year Built________________________________1932
Taxes____________________________________$1029
Price_____________________________________$700,000
Bedrooms_________________________________4
Full Bathrooms_____________________________2
Half Bathrooms_____________________________0
Sqr _______________________________________Footage1300
LISTING PROVIDED COURTESY OF:
Rubi Realty
DATA SOURCE:
Arizona Regional MLS (ARMLSN)
Elementary School Middle School High School
Cesar E Chavez Community School Elementary School Cesar E Chavez Community School Middle School South Mountain High School
Price History
2/9/2022 Listed $900,000K
3/19/2022 23% - $700,000K
General Features
1 Bedroom Units: Avg Rent $700.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 1100.00
3 Bedrooms Units: Avg Sqft 800
4 Bedrooms Units: Avg Rent 0.00
City Phoenix
Construction Adobe, Block, Frame - Wood
Cooling Evaporative Cooling
County Maricopa
Directions go north to Illini, turn east to property
Electric Master Meter, SRP
Elementary School Cesar E Chavez Community School
Exterior Features Fenced
Features See Remarks
Flood Zone No
Gas Y/N SW Gas
Geo Lat 33.411884
Geo Lon -112.069355
Heating Electric, Natural Gas
High School South Mountain High School
Interior Features Unfurnished
Map Code/Grid R34
Middle School Cesar E Chavez Community School
Net Income 0.00
New Financing Conventional
Owner Pays Electric, Sewer, Trash Collection, Water
Parking >1 Space Per Unit
Property Type F
Public Remarks Great investment property, 4 parcels, a total of 6 units, fully occupied, monthly rental income $ 3875.00. Perfect for owner occupant. Live in one unit and collect rent on the others
Roof Comp Shingle, Rolled
School District 066 - Roosevelt Elementary District
Sewer Sewer - Public
Status Active
Street Name ILLINI
Subdivision JOBE TRACT
Tax Municipality Phoenix
Taxes 1029.00
Tenant Pays Electric, Gas
Water City Franchise
Year Built 1932
Zoning MULTI
Interior Features
1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 500
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 1
Appliances Included None
Floors Concrete
Street Suffix Street
Total Number of Units 6.00
Exterior Features
Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions IRREGULARI
Total Parking Spcs 16.00
Amenities
Foreclosure Views ShortSale New Construction
Adult 55+ Lease To Own No HOA Fees Furnished
Primary On Main Air Conditioning Seller Finance Green
Fixer Upper Horse Golf Fireplace
Deck Garage Basement Pool
Property vs Multi-Family Average in 85040
Price AVG $870K
$700K
Taxes AVG $1,072
$1,029
Visits AVG 32
105
Year Built AVG 1972
1932