3358 N 15TH Avenue

    Phoenix, AZ 85015
    • $1,498,000
    • STATUS: Active Under Contract
    • ON SITE: 85 days
    • MLS #: 5729295
    Under Contract
    UPDATED: 70 min ago
    $1,498,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Priced to Sell! 17 Unit Turn Key 2 story Apartment Complex Built of Block Construction, Pitched Roofs and Individually Metered for Electricity. Great Unit Mix for the Area Renter Pool, which is Comprised of Two-Bedroom, One-Bedroom and 2 Studio Floor Plans. Most of the units contain Updated Kitchens with Newer Appliances and Cabinets, Tile and Durable Laminate Flooring, Newer Carpeting, Newer Paint In and Out, Updated Wiring, Copper Plumbing. The Property has been Very Well Maintained. Pride of Ownership from the Same Owner for over the last 17 Years! Newer Balcony and Stair Railings. The Roof is 10 Years Young. Covered Parking with Steel Roofs. Coin Operated Laundry Provided for the Tenants.Great Corner Location, next to The Phoenix College and is a short distance from The Sky Harband within a One-Mile radius there are Several Schools, Parks, Golf Courses, The Phoenix Country Club and the VA Medical Center. The Seventeen on 15th offers an investor the opportunity to acquire a very well maintained and efficiently managed community, due to its consistent occupancy, stable income and improving demographics in the surrounding area. This 100% Occupied Property will be a Great Addition to an Investor's Portfolio or would serve as an Ideal, Pride of Ownership Opportunity for a new investor entering the market.

    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 Essential Properties, Inc.. Data last updated 2018-05-24T20:12:04.767.
    www.beckygarcia.com/homes/81125784

    3358 N 15TH Avenue Phoenix, AZ 85015

    • Price: $1,498,000
    • Status: Active Under Contract
    • Updated: 70 min ago
    • MLS #: 5729295
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    College Homes
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    008 - Osborn Elementary District
    Property Description
    Priced to Sell! 17 Unit Turn Key 2 story Apartment Complex Built of Block Construction, Pitched Roofs and Individually Metered for Electricity. Great Unit Mix for the Area Renter Pool, which is Comprised of Two-Bedroom, One-Bedroom and 2 Studio Floor Plans. Most of the units contain Updated Kitchens with Newer Appliances and Cabinets, Tile and Durable Laminate Flooring, Newer Carpeting, Newer Paint In and Out, Updated Wiring, Copper Plumbing. The Property has been Very Well Maintained. Pride of Ownership from the Same Owner for over the last 17 Years! Newer Balcony and Stair Railings. The Roof is 10 Years Young. Covered Parking with Steel Roofs. Coin Operated Laundry Provided for the Tenants.Great Corner Location, next to The Phoenix College and is a short distance from The Sky Harband within a One-Mile radius there are Several Schools, Parks, Golf Courses, The Phoenix Country Club and the VA Medical Center. The Seventeen on 15th offers an investor the opportunity to acquire a very well maintained and efficiently managed community, due to its consistent occupancy, stable income and improving demographics in the surrounding area. This 100% Occupied Property will be a Great Addition to an Investor's Portfolio or would serve as an Ideal, Pride of Ownership Opportunity for a new investor entering the market.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 16.00 Exterior Amenities Desert LandscapingSecurity Light(S)Cable Tv Available Lot Size Dimensions Irr Parking Carport Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 17.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 635 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 770 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 F/S Oven/RangeRefrigerator Cooling Electric RefrigeratdWindow/Wall Unit Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 1 Floors CarpetVinyl/CompositionCeramic Tile Heating Electric Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 560.00 1 Bedroom Units 11 2 Bedroom Unit Avg Rent 673.00 2 Bedroom Units 4 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 116448.00 Annual Elec Exp 4441.00 Annual Gas Exp 521.00 Annual Ins Exp 2800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2400.00 Annual Mgmt Exp 6986.88 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1409.00 Annual Wtr Swr Exp 3152.00 Auction No Community Amenities No Pool Cross Street Osborn & 15Th Ave Efficiency Unit Avg Rent 425.00 Efficiency Units 2 Electric Aps Gas Sw Gas Gross Annual Sch Inc 114888.00 Hoa YN No Net Operating Income 90540.12 New Financing Conventional Operating Exp 25907.88 Other Income 1560.00 Owner Pays WaterTrashSewer Project Type 13 - 24 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 4198.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 9574.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning Multi

    Listing courtesy of Keller Williams Arizona 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 Essential Properties, Inc.. Data last updated 2018-05-24T20:12:04.767.
     
    Essential Properties, Inc.
    1616 N Litchfield Road Suite 240
    Goodyear AZ, 85395