NOT LISTED FOR SALE
6 Beds
6 Baths
-- Sq Ft
1984 Built

Last Sold June 12, 2019

Last sale price $273,000

28 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System
  • 4-minute walk to University Park

About This Home

As of June 2019

Rare opportunity to own 3 units bringing in $2,138.25 a month in rental income! NEW roof on both structures! The main front house is a cozy 3 bedroom 1 bath bungalow rented for $838.75. Offering am inviting welcoming porch, fenced front yard with grass and ample parking space on and off street. Spacious living corridors opens up to the eat in kitchen with lots of counter and cabinet space. Spacious bedrooms and bath, plenty of closet space. Laundry hookups and small storage space out back. The 2 story duplex out back has private alley access with gate for private parking. The units in the back are rented at $649.75 a month. Equipped with spacious living rooms, ceiling fans, tile in the kitchen and baths, and nice wood cabinets with appliances. No HOA and low taxes only $828 Live in the main house and rent out the back duplex, there are endless opportunities! Improvements made in 2018-2019: New refrigerator, 2 new stoves, new door, new paint, new carpet to turnover the unit. New electrical panels for all 3 units. New AC completely remodeled New AC new paint in and out new cabinets, new doors, new lights and fixtures. New insulation. in 2017. Enjoy University Park, Pool, and Recreation center within walking distance offering a range of amenities including: Lighted basketball court, picnic area, playground and shade structure, pool, ramada and picnic area, restrooms, lighted volleyball, Upton Youth Baseball Field, grill, recreation center. There is an abundance of shopping, restaurant, theatre venues, and nightlife opportunities abound Midtown Phoenix. There are also retail destinations such as the Camelback Colonnade and Biltmore Fashion Park situated within close proximity. This home is minutes to Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital Medical Center, VA Hospital, Phoenix College, easy access to Metro light rail, Sprouts Farmers Market, Starbucks, Safeway, Jamba Juice, Jersey Mike's, Orange Theory Fitness, the popular & swanky Clarendon Hotel, Heard Museum, Phoenix Art Museum, Phoenix Country Club and the largest oasis park in Arizona Encanto Park! North High School and St. Mary's Catholic High school nearby. Minutes drive to Downtown Phoenix, Sky Harbor International Airport, and 51, I-10, 202 loop Freeway access. There are plenty of recreational activities at the local parks, as well as the sprawling Phoenix Mountains Preserve just a short drive away.

Last Agent to Sell the Property

Awni & Chantell Abbas

HomeSmart License #BR627042000 Listed on: 04/09/2019

HomeSmart

Co-Listed By

Chantell Koska

HomeSmart License #SA647005000

Last Buyer's Agent

Michael Hawkins

HomeSmart License #BR662696000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 20 / N
  • Assessor Parcel Number 111-28-085

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 00
  • University Addition Subdivision

Building Details

  • Operating Expense $7,084
  • Gross Income $25,659
  • Net Operating Income $21,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$828

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 15th Avenue and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: North on 15th Ave. to Taylor. East on Taylor to property
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Dirt, Concrete
  • Professional Management Expense: 1840.0
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: UNIVERSITY ADDITION
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Central A/C, 2 or More Units
  • Heating: Central, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1161.0

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Lot Size: 00
  • Additional Parcels: No
  • Parcel #: 111-28-085

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 25659.0
  • Insurance Expense: 1255.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 21735.0
  • Annual Operating Expense: 7084.08

Tax Info

  • Tax Annual Amount: 828.08
  • Tax Block: N
  • Tax Book Number: 111.00
  • Tax Lot: 20

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $273,000 -5.8% --
05/07/2019 05/07/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $289,888 -1.7% --
04/15/2019 04/15/19 Price Changed $295,000 -3.3% --
04/09/2019 04/09/19 For Sale $305,000 +45.2% --
11/06/2017 11/06/17 Sold $210,000 -12.5% --
11/02/2017 11/02/17 For Sale $240,000 0.0% --
11/02/2017 11/02/17 Price Changed $240,000 0.0% --
09/28/2017 09/28/17 Pending -- -- --
07/05/2017 07/05/17 Price Changed $240,000 -4.0% --
06/30/2017 06/30/17 For Sale $249,999 0.0% --
06/18/2017 06/18/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $249,999 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5908912

Arizona Regional Multiple Listing Service (ARMLS)