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1562 E Peoria Avenue , #6

Phoenix, AZ 85020
  • $1,225,000
  • STATUS: Active Under Contract
  • ON SITE: 342 Days
  • MLS #: 6361421
Under Contract
UPDATED: 29 min ago
$1,225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

Great 7 unit property in the heart of Phoenix. This property consists of 7 units, 4 are two bedroom units and the other 3 are one bedroom units. There are 4 buildings, three duplex and one single building (1 bedroom). All units have been upgraded to include new electric (rewire and new panels), plumbing (new sewer lines and water lines), flooring, kitchen and bathroom cabinets, quartz tops, new tubs/toilets/faucets/water heaters. New HVAC units in each unit. Each unit is individually metered for electric. 6/7 units have private back yards and the 7th unit has a front patio. All are block buildings with stucco finish. Located next to a beautiful mountain in North Phoenix. Perfect for an owner operator or anyone looking for a turnkey product. No worries on this one for years to come!

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Home Realty. Data last updated 2023-02-06T16:19:05.29.
www.homerealtywestvalley.com/homes/126185913
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1562 E Peoria Avenue , #6 Phoenix, AZ 85020

  • Price: $1,225,000
  • Status: Active Under Contract
  • On Site: 342 Days
  • Updated: 29 min ago
  • MLS #: 6361421
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Harmony Acres
County:
Maricopa
Area:
Phoenix
School District:
069 - Paradise Valley Unified District
Property Description
Great 7 unit property in the heart of Phoenix. This property consists of 7 units, 4 are two bedroom units and the other 3 are one bedroom units. There are 4 buildings, three duplex and one single building (1 bedroom). All units have been upgraded to include new electric (rewire and new panels), plumbing (new sewer lines and water lines), flooring, kitchen and bathroom cabinets, quartz tops, new tubs/toilets/faucets/water heaters. New HVAC units in each unit. Each unit is individually metered for electric. 6/7 units have private back yards and the 7th unit has a front patio. All are block buildings with stucco finish. Located next to a beautiful mountain in North Phoenix. Perfect for an owner operator or anyone looking for a turnkey product. No worries on this one for years to come!
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 154X151 Parking >1 Space Per Unit Roads Gravel Roofing Rolled

Interior Features

1 Bedroom Unit Avg Sq Ft 650 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 732 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl Heating Electric

Property Features

1 Bedroom Unit Avg Rent 1250.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1395.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 323182.08 Annual Ownr Asoc Fee 0.00 Community Amenities No PoolOther Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 336648.00 Hoa YN No Net Operating Income 225679.00 New Financing Conventional Operating Exp 1480.00 Other Income 0.00 Owner Pays Landscaping Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 1480.00 Tenant Pays ElectricTrashWater UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.04 Water City Franchise Zoning R3

Arizona Regional MLS logo Listing provided by My Home Group Real Estate: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Home Realty. Data last updated 2023-02-06T16:19:05.29.
 
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