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$749,000
Phoenix, AZ 85015
MLS# 6675697
1 / 15
Property Description
THIS 4-PLEX IS WITHIN ONE MILE OF GRAND CANYON UNIVERSITY. A savvy investor will see the unique opportunity. Each unit is 2 bedroom, 1 bath and over 700 SF with a laundry closet. There are multiple outside areas for relaxing. This could be a true ''value add'' for the right investor. Do NOT go on the property....drive by only. No wholesalers.
Details
Maps
Contract Info
Current Price: $749,000
List Price: $749,000
Status: Active
List Date: 2024-03-11
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 2226
Compass: W
Street Name: CAMPBELL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 4465
Country: USA
County Code: Maricopa
Legal Description (Abbrev): S2 OF E 97' OF W 421' OF S2 SW4 SW4 NE4 EX S 33' .30 AC
Assessor's Map #: 14
Assessor's Parcel #: 127
Add'l Parcels: No
Assessor Number: 154-14-127
Legal: S2 OF E 97' OF W 421' OF S2 SW4 SW4 NE4 EX S 33' .30 AC
Census Tract: 109002
Tax Municipality: Phoenix
Taxes: 1635
Tax Year: 2023
Marketing Name: N/A
General Property Description
Lot Size Dimensions: 13,068
Year Built: 1960
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: R3
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Directions: 19th Ave & Camelback Rd Directions: Head south on N 19th Ave, West W Campbell Ave. Property will be on the right.
Geo Lat: 33.502543
Geo Lon: -112.107162
Status Change Info
Status Change Date: 2024-03-11
Legal Info
Township: 2N
Range: 2E
Section: 24
Income & Expenses
Annual Ins Exp: 2500
Annual Mgmt Exp: 3284
Owner Association: No
Operating Exp: 7419
Gross Annual Sch Inc: 57600
Vacancy Allowance: 0.05
Adjusted Gross Inc: 54720
Net Operating Income: 47301
Pmt & Rate Info
Cap Rate: 6.32
Equity: 749000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1200
Avg SqFt: 713
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted
Roofing: Other (See Remarks)
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: 1 Space/Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: ATLAS AZ, LLC
Last Updated: March - 12 - 2024
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