Property Attributes
- MLS#6691921
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- NeighborhoodGREENFIELD ACRES TRACT 2
- Zip85006
- StyleMultiple Dwellings
- Year Built1984
- Taxes$ 1390
- 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 | 1390.0 |
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 | 1390.0 |
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 | 8,280 |
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