Price Reduction
Address
1753 E HARVARD Street, Phoenix, AZ
Price
$ 862,500
Property Attributes
  • MLS#6691919
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodGREENFIELD ACRES TRACT 2
  • Zip85006
  • StyleMultiple Dwellings
  • Year Built1984
  • Taxes$ 1286
  • Price$ 862,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

8 Total Units, Price Reflects Per Fourplex. Garden-Style Property, Built in 1984. Two Contiguous Fourplexes on Separate Parcels, Qualifies for Residential Financing. Light Value-Add Opportunity Through Interior Remodels. Attractive Unit Mix Consisting of 100% 2-Bed / 1-Bath Units, Which Include One Additional Office Space / Study Room Per Unit. Each Unit Boasts Large Front Patio Areas, Open Backyard Space, & Ample Front Parking. Property is Individually Metered for Electricity With Laundry Facility Included on Each Building & Storage Rooms for Each Unit Located Within Close Proximity to Phoenix Children's Hospital, Phoenix Country Club, Coronado Park, & Downtown Phoenix Easy Access to Route 51 Freeway & Phoenix Sky Harbor International Airport

Price History
4/15/2024 Listed $1,750,000
4/30/2024 2% - $1,725,000
5/2/2024 50% - $862,500

General Features

Sewer Public Sewer
Heating Other,Electric
Cooling Electric,Ceiling Fan(s)
Roof Composition
Zoning R-3
Construction Materials Painted,Block
Year Built 1984
Electric APS
Tenant Pays Electricity
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 64077.0
OwnerPays Trash Collection,Water,Sewer
Community Features No Pool
County Maricopa
Net Operating Income 95226.0
Operating Expense 1286.0
Property Type Multiple Dwellings
Attached Garage No
Subdivision Name GREENFIELD ACRES TRACT 2
Garage Y/N No
Status Active
City Phoenix
Buyer Agent Compensation 2.00
Disclosures None
View Y/N No
High School District Phoenix Union High School District
Open Parking Spaces 8.0
Total Units 8
Lot Size Square Feet 0.0
Carport Y/N No
Street Name HARVARD
Tax Annual Amount 1286.0
Lease Renewal Y/N No
Additional Parcels Y/N Yes
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 29
Standard Status Active
Elementary School District Creighton Elementary District
Tax Lot 48
Cap Rate 11.04
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 1 Space/Unit
Water Source City Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 2
Spa No
Lot Dimensions 4,140
Lot Size Acres 0.0
Road Surface Type Asphalt
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 85006

Price
AVG $830K
$860K
Taxes
AVG $1,443
$1,286
Visits
AVG 163
137
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1984