713 W Pima Street

    Phoenix, AZ 85007
    • $220,500
    • STATUS: Closed
    • ON SITE: 228 days
    • MLS #: 5758547
    Sold - 05/24/2018
    $220,500
    SOLD - 05/24/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Great projected over 8% cap rate with 4 remodeled units solidly producing with ALL tenants on new one year leases. Multi-Family R-3 Zoning! Fully occupied, do not disturb tenants. Newer roof, new flooring in many units, shower stalls, close to downtown, hospital, bus stop and services. All have newer window AC units and one with a ductless unit. Landlord pays all utilities, separate electric sub panels on a master meter. This is priced right for a quick sale, run the numbers! Lots of yard space for parking and enjoying outdoors. New 200 AMP service, with sub panels, each tenant has their own garbage cans. Rent is guaranteed through two programs for 3 of the units. Showing will be upon contract acceptance.

    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 The Garcia Group. Data last updated 2018-12-13T00:13:57.397.
    www.beckygarcia.com/homes/83042118

    713 W Pima Street Phoenix, AZ 85007

    • Price: $210,000
    • Status: Closed
    • Updated: 131 min ago
    • MLS #: 5758547
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    Rivera Tract
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Great projected over 8% cap rate with 4 remodeled units solidly producing with ALL tenants on new one year leases. Multi-Family R-3 Zoning! Fully occupied, do not disturb tenants. Newer roof, new flooring in many units, shower stalls, close to downtown, hospital, bus stop and services. All have newer window AC units and one with a ductless unit. Landlord pays all utilities, separate electric sub panels on a master meter. This is priced right for a quick sale, run the numbers! Lots of yard space for parking and enjoying outdoors. New 200 AMP service, with sub panels, each tenant has their own garbage cans. Rent is guaranteed through two programs for 3 of the units. Showing will be upon contract acceptance.
    Exterior Features

    Construction Slump Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPartially Fenced Lot Size Dimensions 48X121 Parking FreeStreet Parking<1 Space Per UnitPaved Parking Roads AlleyDirt/Gravel Roofing Comp ShingleRolledPartial TileFoam Total Parking Spaces 2.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 800 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 683 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 Bi Oven/RangeRefrigerator Cooling Electric RefrigeratdWindow/Wall Unit2 Or More UnitsIndividual Efficiency Unit Avg Sq Ft 387 Efficiency Unit Baths 1 Floors Ceramic Tile Heating 2 Or More UnitsCeiling Fan(S)Window/Wall Unit(S)IndividualGasElectric Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 640.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 840.00 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 32148.00 Annual Elec Exp 4000.00 Annual Gas Exp 1100.00 Annual Ins Exp 1600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 3283.00 Annual Other Expense 900.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 300.00 Annual Wtr Swr Exp 1000.00 Auction No Community Amenities No Pool Cross Street I-17 And 7th Ave Efficiency Unit Avg Rent 670.00 Efficiency Units 2 Electric ApsMaster Meter Gas Sw Gas Gross Annual Sch Inc 33840.00 Hoa YN No Net Operating Income 19111.00 New Financing Conventional1031 Exchange Operating Exp 14729.00 Other Income 0.00 Other Type House + Rental Units Owner Pays WaterTrashGasElectricSewer Project Type Four Plex Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 546.00 Tenant Pays Cable Tv Totl Mnth Rntal Inc 2820.00 Vacancy Allowance 0.05 Water Master MeterCity Franchise Zoning R-3

    Listing courtesy of Cap Core Real Estate.
    © 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 The Garcia Group. Data last updated 2018-12-13T00:13:57.397.
     
    The Garcia Group
    1616 N Litchfield Road Suite 240
    Goodyear AZ, 85395