Address
1844 E SHERIDAN Street, Phoenix, AZ
Price
$ 875,000
Property Attributes
- MLS#6523676
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- NeighborhoodGREENFIELD ACRES TRACT 2
- Zip85006
- StyleMultiple Dwellings
- Year Built1958
- Taxes$ 975
- Price$ 875,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
This is truly a NN Lease from a National Short Term Rental Co. All you pay is insurance and property taxes. Property is leased for three years w/increases in rents each year.Great opportunity to own this delightfulDuplex in one of the hottest areas in Phoenix! Located in Midtown which is a district that mixes historic buildings with hip & trending establishments! The upgraded interior boasts fresh paint, stylish wood-like tile flooring, & sizable living/dining areas. All new dual pane windows, new doors, brand new hot water heaters.Each unit is individually metered. Renovated kitchen showcases large shaker cabinets, lavish quartz counters, & shimmering stainless steel appliances. Bedrooms enjoy abundant natural light, upgraded ceiling fans, & walk-in closets.Buyer to verify all facts Historic neighborhoods in Midtown Phoenix near major employers, freeways, and boutiques and popular eateries. The Sheridan Duplex is located south of the intersection of 16th Street and Thomas Road, allowing easy access to Downtown Phoenix, Midtown Phoenix, the Valley freeway system and numerous employers. Very close to amazing eateries, shopping, and freeways. Additionally, within two blocks is Phoenix Children's Hospital. U.S. News & World Report has recognized Phoenix Children's as a Best Children's Hospital seven years in a row. The Arizona State Route 51, also known as the Piestewa Freeway, is a numbered state highway in Phoenix, Arizona. It connects Interstate 10 just outside Downtown Phoenix with Loop 101 on the north side of Phoenix, making it one of the area's major freeways. This is located one-half mile from the property.
| Price History | |
|---|---|
| 2/23/2023 | Listed $975,000 |
| 6/16/2023 | 9% - $895,000 |
| 8/15/2023 | 3% - $875,000 |
General Features
| Sewer | Sewer-In & Connected,Public Sewer |
|---|---|
| Heating | Individual,Heat Pump |
| Cooling | Individual,Heat Pump,Ceiling Fan(s) |
| Roof | Composition |
| Zoning | R-3 |
| Construction Materials | Painted,Block |
| Year Built | 1958 |
| Electric | APS,Individual Meter |
| Tenant Pays | See Remarks,Trash Collection,Electricity,Water,Sewer,Cable TV,Landscaping |
| Township | 2N |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 47064.0 |
| OwnerPays | None |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 44989.0 |
| Operating Expense | 2075.0 |
| Insurance Expense | 1100.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| MaintenanceExpense | 0.0 |
| Subdivision Name | GREENFIELD ACRES TRACT 2 |
| Garage Y/N | No |
| Status | Active |
| Directions | East on Sheridan-Property is on the north side of the street |
| City | Phoenix |
| Buyer Agent Compensation | 3.00 |
| Disclosures | Other (See Remarks),Seller Prop Disc Stm,APOD/Backup Avaible,Sch of Personal Prop |
| View Y/N | No |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 3.0 |
| Total Units | 2 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | SHERIDAN |
| Tax Annual Amount | 975.0 |
| Electric Expense | 0.0 |
| Water Sewer Expense | 0.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tours.arizonarealtours.com/2104873?idx=1 |
| Days on Market | 401 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Elementary School District | Creighton Elementary District |
| Tax Lot | 40 |
| Cap Rate | 5.14 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Ceramic Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Free,RV/Boat Parking,Add'l Parking Avail,>1 Space Per Unit,Common |
|---|---|
| Water Source | City Franchise,Master Meter |
| Total Parking | 6.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | irr |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt |
| Covered Spaces | 3.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 85006
Price
Taxes
Visits
Year Built
Walkscore
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