2536 W Adams Street

    Phoenix, AZ 85009
    • $299,900
    • STATUS: Active
    • ON SITE: 158 days
    • MLS #: 5722370
    Price Reduced
    $299,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    Investor opportunity knocking. Located within walking distance to the State capital. 2 bedroom historic home in the front and four 1 bedroom units in the rear. Great for living in house and renting the other units or for a cash flow rental, elderly care, half way house, sober transitional living, women children shelter, va housing, Air bnb etc.. Can also pass as a 3 unit if creative to pass for conventional financing. Seller may carry with 40% down. This is a fixer upper property interior and exterior. Once fixed up it will be a gold mine. Income listed is proforma. Property currently has 2 tenants. Seller is motivated but not desprate. No low ball offers will be reviewed.

    Monthly Payment Calculator

    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2018-07-20T00:13:18.423.
    www.beckygarcia.com/homes/80690956

    2536 W Adams Street Phoenix, AZ 85009

    • Price: $299,900
    • Status: Active
    • MLS #: 5722370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1930
    Built
    Neighborhood:
    Warren Tract Blk 2
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Investor opportunity knocking. Located within walking distance to the State capital. 2 bedroom historic home in the front and four 1 bedroom units in the rear. Great for living in house and renting the other units or for a cash flow rental, elderly care, half way house, sober transitional living, women children shelter, va housing, Air bnb etc.. Can also pass as a 3 unit if creative to pass for conventional financing. Seller may carry with 40% down. This is a fixer upper property interior and exterior. Once fixed up it will be a gold mine. Income listed is proforma. Property currently has 2 tenants. Seller is motivated but not desprate. No low ball offers will be reviewed.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Rv/Boat Parking Lot Size Dimensions 0 Parking None Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included None Cooling IndividualWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCeramic Tile Heating ElectricWindow/Wall Unit(S)Individual

    Property Features

    1 Bedroom Unit Avg Rent 665.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 900.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 40584.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 480.00 Annual Legal And Acctg 0.00 Annual Maint Exp 400.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1885.00 Annual Wtr Swr Exp 660.00 Auction No Community Amenities No Pool Cross Street 25Av And Adams Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 42720.00 Hoa YN No Net Operating Income 38239.00 New Financing ConventionalTradeSeller May Carry Operating Exp 5373.00 Other Income 0.00 Other Type House + Rental Units Owner Pays WaterTrashSewer Project Type 5 - 12 Units Sale Includes Building(S) Only Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Projected Proforma Special Owner/Agent Tax Municipality Maricopa - County Taxes 748.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 3560.00 Vacancy Allowance 0.05 Water Master MeterCity Franchise Zoning R3?

    Listing courtesy of Haddad Realty.
    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2018-07-20T00:13:18.423.
     
    My Home Group
    1616 N Litchfield Road Suite 240
    Goodyear AZ, 85395