Jason Witte Homes

246 E Illini Street Phoenix, AZ

Price :

USD 700000.00

Description :

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

Terms & conditions :

This offer is valid until stocks last or till the offer ends. Final Price is inclusive of the offer. Offer is applicable on select products and brands. In the event the user returns any/all products in the order placed during the Offer Period, thereby not maintaining the minimum purchase value, as required to avail the Offer, he/she shall not be eligible for the Offer. Accordingly, the amount availed as a discount under the Offer shall stand deducted from any refund(s) processed for the returned product(s).

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