$187,000
Phoenix, AZ 85021
MLS# 5846987
Status: Closed
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Property Description
Incredible investment opportunity! Current owner has done a great job bringing this property back to life since taking ownership in 2016. Repairs include a new roof and AC unit on 2 bed unit. This two building property is situated on a large lot, and features a 2 bedroom 1 bath unit , and two 1 bedroom 1 bath units. Current rents in the area are $700 for the 2 bedroom unit and $500 for the 1 bedroom units. All units are currently leased, so please DO NOT DISTURB THE TENANTS. DRIVE BY ONLY. Interior showings available upon contract acceptance.
Details
Contract Info
Current Price: $187,000
Sold Price: $187,000
Status: Closed
List Date: 2018-11-14
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M34
House Number: 922
Compass: W
Street Name: VOGEL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Country: USA
County Code: Maricopa
Subdivision: TURNER TERRACE PT LOT 58 OR FOOTHILL ACRES
Assessor's Map #: 34
Assessor's Parcel #: 58
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 158-34-058-A
Legal: LOT 11 TURNER TERRACE PT LOT 58 OR FOOTHILL ACRES MCR 004332
Tax Municipality: Maricopa - COUNTY
Taxes: 574
Tax Year: 2018
Marketing Name: Foothills Triplex
General Property Description
Lot Size Dimensions: 10362
Year Built: 1954
Uncvrd Parking Spcs: 5
Total # of Units: 3
# of Buildings: 2
Zoning: M-H Multi-fami
Elementary School: Sunnyslope Elementary School
High School: Sunnyslope High School
Elementary School District: Washington Elementary District
Remarks & Misc
Cross Street: Dunlap & 7th Avenue
Directions: North on 7th Avenue*West on Hatcher*North on 9th Avenue*West on Vogel
Geo Lat: 33.573241
Geo Lon: -112.085475
Status Change Info
Status Change Date: 2019-01-23
Off Market Date: 2019-01-23
Under Contract Date: 2018-12-20
Close of Escrow Date: 2019-01-22
Sold Price: $187,000
Legal Info
Lot Number: 11
Income & Expenses
Annual Ins Exp: 732
Annual Wtr/Swr Exp: 1740
Owner Association: No
Operating Exp: 3046
Pmt & Rate Info
Equity: 200000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 425
Avg SqFt: 480
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 600
Avg SqFt: 800
# Baths: 1
Contact Info
List Agent Home Phn: 602-518-8294
List Agent Cell Phn2: 6025188294
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Other
Sale Includes: Other (See Remarks)
Community Amenities: No Pool
Appliances Included: Other (See Remarks)
Heating: Heat Pump
Cooling: Heat Pump; Central A/C
Water: Other; See Remarks
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking: Other (See Remarks)
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Reports/Disclosures: Other (See Remarks)
Environmental: None
Listing Office: HomeSmart
Last Updated: October - 15 - 2020
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Broker Attribution:
6025188294
