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$1,100,000
120 W Highland Avenue
Phoenix, AZ 85013
MLS# 6309109
Status: Pending



Unit A--Main Building
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Unit A--Main Building Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit A Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C

Property Description
Great investment opportunity! Live in one unit and rent out two others or rent all three. Great income potential. Old meets New in a beautiful historic district. Main house was built in 1947 and has been remodeled. The other two units are brand new, built in 2021. Brand new stainless steel appliances installed in all three units. Incredible location! Walk to the Metro light rail, restaurants, shops, Brophy Prep, etc. Never rented so unknown operating expenses and rent potential. Prospective buyers to verify all information.

Details
Maps
Documents
Contract Info
Current Price: $1,100,000
List Price: $1,100,000
Status: Pending
List Date: 2021-10-18
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P34
House Number: 120
Compass: W
Street Name: Highland
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 2731
Country: USA
County Code: Maricopa
Assessor's Map #: 28
Assessor's Parcel #: 46
Add'l Parcels: No
Assessor Number: 155-28-046
Legal: LOT 20 BLOCK 2 DEL MONTE PARK MCR 003638
Tax Municipality: Phoenix
Taxes: 3013
Tax Year: 2021
Marketing Name: DEL MONTE PARK
General Property Description
Lot Size Dimensions: 130x63x130x63
Year Built: 1947
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 2
Zoning: R3
Elem School Dist #: 008 - Osborn Elementary District
High School Dist #: 210 - Phoenix Union High School District
Remarks & Misc
Cross Street: Central & Highland
Directions: Just West of Central on Highland Avenue
Geo Lat: 33.505929
Geo Lon: -112.076036
Status Change Info
Status Change Date: 2021-12-01
Off Market Date: 2021-12-01
Under Contract Date: 2021-12-01
Legal Info
Lot Number: 20
Income & Expenses
Owner Association: No
Operating Exp: 3013
Pmt & Rate Info
Equity: 1100000
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 2000
Avg SqFt: 800
# Baths: 2
Property Features
Project Type: Tri-Plex
Other Type: Other (See Remarks)
Construction: Block; Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Partially Fenced
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Other
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Concrete
Owner Pays: None
Tenant Pays: Water; Sewer; Electric; Gas; Trash
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Reports/Disclosures: None
Environmental: None

Listing Office: Realty ONE Group

Last Updated: December - 01 - 2021

120 W Highland Avenue, Phoenix, AZ 85013 - MLS# 6309109

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