NOT LISTED FOR SALE
7 Beds
10 Baths
-- Sq Ft
1955 Built

Last Sold December 22, 2022

Last sale price $800,000

7 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of December 2022

Are you looking for your next investment? Check out this multifamily opportunity on this 8 unit apartment. This property features units consisting of 3 Studios, 3 One Bedroom One Bathroom, and 2 Two Bedroom One Bathroom units. This property offers immediate positive cash flow on current rents with value add potential. Rents are well below market. With all the growth in central phoenix this is an Investors dream. Six of the 8 units are individually metered for gas, 2 units share a gas meter. Please do not disturb the tenants and drive by only.

Last Agent to Sell the Property

Phillip Gonzales

My Home Group Real Estate License #SA656364000 Listed on: 11/01/2022

Co-Listed By

Aaron Dutcher

My Home Group Real Estate License #BR525412000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1955

Home Design

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

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 153-25-053

Community Details

Overview

  • 7 Buildings
  • 8 Units
  • Building Dimensions are 286.56X85

Building Details

  • Operating Expense $5,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,432

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK RD & 23RD AVE
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2021
  • Directions: North on 23rd Ave. Property on East side of street
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood, Concrete
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

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

Lot Info

  • Lot Size: 286.56X85
  • Additional Parcels: No
  • Parcel #: 153-25-053

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 8
  • Annual Operating Expense: 5432.0

Tax Info

  • Tax Annual Amount: 5432.0
  • Tax Book Number: 153.00
  • Tax Lot: 4

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
12/22/2022 12/22/22 Sold $800,000 -3.0% --
11/08/2022 11/08/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $825,000 -- --
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: 6484086

Arizona Regional Multiple Listing Service (ARMLS)