Address
2537 E WILLETTA Street # 1-5, Phoenix, AZ
Price
$ 1,049,888
Property Attributes
- MLS#6679503
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- NeighborhoodNORTH ELSINORE BLOCK 13-14
- Zip85008
- StyleMultiple Dwellings
- Year Built1946
- Taxes$ 866
- Price$ 1,049,888
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
True 7%+ CAP Rate! Solid tenants! 5 units, fully rented, recently renovated. New windows, Stucco, AC units, Roofing, and Paint! No carpet in any unit! All tenants pay their own electric. Property is conveniently located near Arizona State University, Phoenix Sky Harbor Airport, Pueblo Grande Museum, Phoenix Zoo, Botanical Gardens, AZ Science Center, Food City, I-10, AZ-51, Loop-202. shopping, food, and more! All offers will be taken under consideration. Owner/Agent
| Elementary School | Middle School | High School |
|---|---|---|
| Excelencia School Elementary School | Excelencia School Middle School | Camelback High School |
| Price History | |
|---|---|
| 3/20/2024 | Listed $1,195,000 |
| 4/5/2024 | 13% - $1,049,900 |
| 4/10/2024 | 1% - $1,049,888 |
General Features
| Sewer | Sewer-In & Connected,Public Sewer |
|---|---|
| Heating | Individual,Heat Pump,Window/Wall Unit(s),Electric |
| Cooling | Central A/C,Individual,Electric,Wall/Window Unit(s),Ceiling Fan(s) |
| Roof | See Remarks,Composition |
| Zoning | Multi Family |
| Construction Materials | Painted,Block |
| Year Built | 1946 |
| Electric | APS,Individual Meter |
| Tenant Pays | Electricity,Cable TV |
| Township | 1N |
| Unit Number | 1-5 |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 81537.55 |
| OwnerPays | Trash Collection,Water,Sewer,Landscaping |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 78343.0 |
| Operating Expense | 8350.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | Yes |
| MaintenanceExpense | 1975.0 |
| Subdivision Name | NORTH ELSINORE BLOCK 13-14 |
| Garage Y/N | No |
| Status | Active |
| Directions | Loop 202/ North 24th Street/ Right on E Willetta Street/ Property on Right |
| High School | Camelback High School |
| City | Phoenix |
| Buyer Agent Compensation | 3.00 |
| Disclosures | None |
| View Y/N | No |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 5.0 |
| Total Units | 5 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | WILLETTA |
| Elementary School | Excelencia School |
| Tax Annual Amount | 866.0 |
| Electric Expense | 136.0 |
| Current Financing | Non Assumable |
| Fuel Expense | 0.0 |
| Middle/Junior High School | Excelencia School |
| Water Sewer Expense | 3123.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 60 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Elementary School District | Creighton Elementary District |
| Tax Lot | 19 |
| Cap Rate | 7.46 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Ceramic Tile,Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Attached,1 Space/Unit,Street Parking,Common |
|---|---|
| Water Source | City Franchise,Master Meter |
| Total Parking | 6.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 3 |
| Spa | No |
| Lot Dimensions | 7025 sq ft |
| Lot Size Acres | 0.0 |
| Road Surface Type | Gravel |
| 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 85008
Price
Taxes
Visits
Year Built
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