Seller Financing
Address
1527 W FILLMORE 1-7 Street, Phoenix, AZ
Price
$ 1,699,000
Property Attributes
- MLS#6558936
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- NeighborhoodWEST LAWN ANNEX
- Zip85007
- StyleMultiple Dwellings
- Year Built1999
- Taxes$ 1176
- Price$ 1,699,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Seven at Fillmore is a seven unit apartment complex built in the early 1900s to late 1999. Has been updated been updated and remodeled in recent years. The property just had new electrical panels with permits and will be completed before close of escrow. Several of units are currently furnished and being used as short term rentals. Unit mix (2 )two bedroom (1 )bath units three one bedroom ( 1) bath units and (2) studios. On site laundry that is seller owned. Owner will carry with 20 to 25% down at a 5% rate 30 year am due in 5 to 7 years. Currently rent roll Unit #1 2500 short term furnished 2 bed #2 3200 furnished lease July 2023 1 bed #3 2500 furnished short term 1 bed #4 900 month to month studio
| Price History | |
|---|---|
| 5/20/2023 | Listed $1,699,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Heat Pump,Electric,Wall/Window Unit(s) |
| Roof | Composition |
| Zoning | M-H |
| Construction Materials | Painted,Stucco,Block |
| Year Built | 1999 |
| Electric | APS |
| Tenant Pays | None |
| Township | 1N |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 153330.0 |
| OwnerPays | Electricity,Trash Collection,Water,Sewer |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 117654.0 |
| Operating Expense | 35676.0 |
| Insurance Expense | 1800.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| MaintenanceExpense | 4000.0 |
| Subdivision Name | WEST LAWN ANNEX |
| Garage Y/N | No |
| Status | Active |
| Directions | 15TH AVENUE NORTH OF VANBUREN TO FILLMORE. WEST TO PROPERTY ON SOUTH SIDE OF STREET. |
| City | Phoenix |
| Buyer Agent Compensation | 3.00 |
| Disclosures | Seller Prop Disc Stm |
| View Y/N | No |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 8.0 |
| Total Units | 7 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | FILLMORE 1-7 |
| Tax Annual Amount | 1176.0 |
| Electric Expense | 15000.0 |
| Current Financing | Not Applicable |
| Fuel Expense | 0.0 |
| Trash Expense | 2000.0 |
| Water Sewer Expense | 4000.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | Yes |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 360 |
| Standard Status | Active |
| Elementary School District | Phoenix Elementary District |
| Tax Lot | 17 |
| Cap Rate | 6.92 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Wood |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Free,Add'l Parking Avail,>1 Space Per Unit,Street Parking |
|---|---|
| Water Source | City Franchise |
| Total Parking | 9.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 2 |
| Spa | No |
| Lot Dimensions | IRR |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt,Concrete,Curb(s) & Gutter(s),Sidewalk(s),Alley |
| Covered Spaces | 1.0 |
| 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 85007
Price
Taxes
Visits
Year Built
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