Address
1537 W Pierce Street, Phoenix, AZ
Price
$ 635,000
Property Attributes
- MLS#6710361
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- Zip85007
- StyleMultiple Dwellings
- Year Built1983
- Taxes$ 930
- Price$ 635,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Great opportunity for your VA buyer and/or any other investor with 1 unit vacant for occupancy! Seated in the heart of the Grand Avenue Arts District, and is a special and rare opportunity for an investor, or an owner occupant, to plant roots in a community that is both vibrant, and growing. Within walking distance from the main Grand Ave art walk street full of galleries, restaurants, unique retail stores, makers' studios, salons, and boutiques. Unit 1 rent $1,000 Unit 2 rent $1,050 Unit 3 vacant for VA or FHA occupancy
| Price History | |
|---|---|
| 5/24/2024 | Listed $635,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Roof | Composition |
| Zoning | R-5 |
| Construction Materials | Painted,Stucco,Block |
| Year Built | 1983 |
| Electric | APS |
| Tenant Pays | Electricity |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 32490.0 |
| OwnerPays | Trash Collection,Water,Sewer |
| Community Features | Play Area |
| County | Maricopa |
| Net Operating Income | 30360.0 |
| Operating Expense | 4770.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Active |
| City | Phoenix |
| Buyer Agent Compensation | 2.50 |
| Disclosures | None |
| View Y/N | No |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 6.0 |
| NumberOfUnitsTotal | 3 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | Pierce |
| Tax Annual Amount | 930.0 |
| Trash Expense | 960.0 |
| Water Sewer Expense | 2160.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 12 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Elementary School District | Phoenix Elementary District |
| Tax Lot | 15 |
| Cap Rate | 4.78 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
| New Financing | True |
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 | Free,Add'l Parking Avail,>1 Space Per Unit |
|---|---|
| Water Source | City Franchise |
| Total Parking | 6.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 128 X 50 |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt,Dedicated Street |
| 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 85007
Price
Taxes
Visits
Year Built
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