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$500,000
Avondale, AZ 85323
MLS# 6327730
Status: Closed
1 / 3
Property Description
Investor special! Opportunity to own a 4-plex located in the heart of Avondale. All units currently occupied by tenants on month-to-month term. Current rents are well below market rate. Tenants pay all utilities including Trash. Each unit has its own water meter and washer/dryer hook ups.
Details
Maps
Contract Info
Current Price: $480,000
Sold Price: $480,000
Status: Closed
List Date: 2021-12-02
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q29
House Number: 914
Compass: E
Street Name: BRINKER
St Suffix: Drive
Unit #: 1-4
City/Town Code: Avondale
State/Province: AZ
Zip Code: 85323
Country: USA
County Code: Maricopa
Assessor's Map #: 22
Assessor's Parcel #: 15
Add'l Parcels: No
Assessor Number: 500-22-015
Legal: LOT 3 BACHMAN ACRES LOT 1-3 TR A MCR 031750
Tax Municipality: Avondale
Taxes: 730.5
Tax Year: 2021
Marketing Name: BACHMAN ACRES
General Property Description
Lot Size Dimensions: 6450
Year Built: 1966
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: MULTI
Flood Zone: No
Elementary School: Michael Anderson
Jr. High School: Avondale Middle School
High School: Agua Fria High School
Elementary School District: Avondale Elementary District
High School District: Agua Fria Union High School District
Remarks & Misc
Cross Street: Dysart Rd & Brinker Drive
Directions: From I-10 exit south on Dysart. Continue south turn left on to Brinker Dr. Property on left side of street.
Geo Lat: 33.44068
Geo Lon: -112.339519
Status Change Info
Status Change Date: 2022-01-31
Off Market Date: 2022-01-13
Under Contract Date: 2021-12-14
Close of Escrow Date: 2022-01-31
Sold Price: $480,000
Legal Info
Range: 1W
Section: 11
Lot Number: 3
Income & Expenses
Annual Ins Exp: 2000
Owner Association: No
Operating Exp: 2730.5
Gross Annual Sch Inc: 25500
Adjusted Gross Inc: 25500
Net Operating Income: 22769.5
Pmt & Rate Info
Equity: 500000
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 500
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 575
Avg SqFt: 700
# Baths: 1
Sold Info
Loan Type: Other
Loan Years: 30
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 20000
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Other
Sale Includes: Land & Building
Community Amenities: Other
Exterior Amenities: Fenced
Interior Amenities: Unfurnished
Appliances Included: BI Oven/Range; W/D Hookup
Heating: Individual
Cooling: Window/Wall Unit
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Street Parking; Paved Parking
Roads/Streets: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electric; Gas; Trash
Source of Fincl Data: Provided by Owner
Status Update: Multiple Offers Recd
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional; Other (See Remarks)
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: Realty ONE Group
Last Updated: January - 31 - 2022
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