Price Reduction
Address
1315 W COCHISE Drive, Phoenix, AZ
Price
$ 450,000
Property Attributes
- MLS#6687597
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- Zip85021
- StyleMultiple Dwellings
- Year Built1954
- Taxes$ 639
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Three individual homes sitting on a 25,000 square foot lot. Each house is currently rented out. Front home: 2bed/1bath Middle home: 4bed/1bath Back home: Studio This is a great opportunity to purchase three homes and a massive piece of land for a great price.
| Price History | |
|---|---|
| 4/5/2024 | Listed $500,000 |
| 4/24/2024 | 10% - $450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other,Individual,Central,Heat Pump,Window/Wall Unit(s) |
| Cooling | Other,Central A/C,Electric,Wall/Window Unit(s) |
| Roof | Foam |
| Zoning | R3 |
| Construction Materials | Painted,Stucco,Block,Frame - Wood |
| Year Built | 1954 |
| Electric | APS |
| Tenant Pays | See Remarks |
| Township | 3N |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 49400.0 |
| OwnerPays | Other |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 36120.0 |
| Operating Expense | 639.0 |
| Property Type | Multiple Dwellings |
| Garage Y/N | No |
| Status | Active |
| City | Phoenix |
| Buyer Agent Compensation | 2.00 |
| Disclosures | None |
| View Y/N | No |
| High School District | Glendale Union High School District |
| Open Parking Spaces | 30.0 |
| Total Units | 3 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | COCHISE |
| Tax Annual Amount | 639.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | Yes |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 55 |
| Standard Status | Active |
| Elementary School District | Washington Elementary District |
| Tax Lot | NA |
| Cap Rate | 8.03 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Carpet,Ceramic Tile,Vinyl,Concrete |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Drive |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Other (See Remarks) |
|---|---|
| Water Source | City Franchise |
| Total Parking | 30.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 3 |
| Spa | No |
| Lot Dimensions | 305 feet by 83 feet |
| Lot Size Acres | 0.0 |
| Road Surface Type | Dirt |
| Covered Spaces | 0.0 |
| 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 85021
Price
Taxes
Visits
Year Built
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