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$799,000
Phoenix, AZ 85015
MLS# 6673401
1 / 7
Property Description
Introducing this recently updated fourplex, featuring (4) 2-bedroom, 1-bathroom units is 100% Occupied and ready for an investor seeking cash flow.
Details
Maps
Contract Info
Current Price: $799,000
List Price: $799,000
Status: Active
List Date: 2024-03-06
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3801
Compass: N
Street Name: 23RD
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5343
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 27 GERARDO PARK LOTS 1-10 MCR 004023
Subdivision: GERARDO PARK LOTS 1-10
Assessor's Map #: 4
Assessor's Parcel #: 17
Add'l Parcels: No
Assessor Number: 110-04-017
Legal: LOT 27 GERARDO PARK LOTS 1-10 MCR 004023
Census Tract: 117000
Tax Municipality: Phoenix
Tax Year: 2023
Marketing Name: N/A
General Property Description
Lot Size Dimensions: 69x129
Year Built: 1980
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: Yes
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 23rd Drive & Indian School
Directions: West from I-17 on Indian school road, South on 24th Avenue towards street dead end. Property on left.
Geo Lat: 33.491272
Geo Lon: -112.110239
Status Change Info
Status Change Date: 2024-03-06
Legal Info
Township: 2N
Range: 2E
Section: 25
Lot Number: 27
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 66900
Adjusted Gross Inc: 66900
Net Operating Income: 57700
Pmt & Rate Info
Cap Rate: 7.22
Equity: 799000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1400
Avg SqFt: 730
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Siding
Roofing: Other (See Remarks)
Floors: Other
Sale Includes: Land & Building
Community Amenities: See Remarks
Appliances Included: Other (See Remarks)
Heating: See Remarks
Cooling: See Remarks
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: 1 Space/Unit
Roads/Streets: Sidewalk(s)
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Projected Proforma
Lockbox Type: None
New Financing: No Carry
Reports/Disclosures: None
Environmental: None
Listing Office: Launch Powered By Compass
Last Updated: May - 16 - 2024
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