NOT LISTED FOR SALE
-- Bed
2 Baths
1,666 Sq Ft
8,276 Sq Ft Lot

Last Sold September 14, 2015

Last sale price $352,500 $212 Per Sq Ft

163 Days on Market

Highlights

  • Heated Community Pool
  • 13 Car Attached Garage
  • Ceramic Tile Flooring
  • Washington High School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of September 2015

REDUCED $50,000! SELLER WANTS THIS SOLD NOW! NO VACANCY! This is your incredible opportunity to own a wonderful monthly cash flowing apartment complex! Entire Complex is currently being rented out! Amazing Investment opportunity for a multi unit apartment building! 8 total units plus a main house to rent! Private pool and a basement for storage. Currently renting for $400 a month PER unit and $825 a month for the main home. There is no better return on investment in the area! Each unit has its own kitchen and full bathroom! Sparkling Pool has just been completely redone for an amazing appeal to all prospective tenants. Prime location that creates for a very rare and short vacancy rate.

Last Agent to Sell the Property

Ryan Richardson

SBY Real Estate License #BR647094000 Listed on: 03/11/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1981

Lot Details

  • 8,276

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 13 Car Attached Garage
  • 12 Open Parking Spaces
  • Automatic Garage Door Opener

Schools

  • Washington Elementary School - Phoenix
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, pool/spa maintenance
  • Tax Lot 154
  • Assessor Parcel Number 151-16-073-B

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Building Dimensions are IRR
  • Northview Acres 2 31 50, 71 90 Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $10,175
  • Gross Income $46,680
  • Net Operating Income $38,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 35th Ave & Glendale
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2014
  • Directions: North on 35th Ave to 7219
  • Road Surface Type: Asphalt, Private Street, Concrete, Sidewalk(s)
  • Subdivision Name: Northview Acres 2 31-50, 71-90
  • Garage Yn: Yes
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Auto Door Opener, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 13.0
  • Garage Details: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Trash Expense: 948.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 151-16-073-B

Multi Family

  • Owner Pays: Trash Collection, Water, Pool/Spa Maintenance
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 9
  • Electric Expense: 600.0
  • Annual Gross Income: 46680.0
  • Insurance Expense: 2580.0
  • Property Net Operating Income: 38772.0
  • Annual Operating Expense: 10175.0

Tax Info

  • Tax Annual Amount: 2267.0
  • Tax Book Number: 151.00
  • Tax Lot: 154

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
09/14/2015 09/14/15 Sold $352,500 -21.6% $212 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $449,900 +104.5% $270 / Sq Ft
01/20/2012 01/20/12 Sold $220,000 -65.6% $564 / Sq Ft
01/16/2012 01/16/12 Pending -- -- --
03/28/2008 03/28/08 For Sale $638,800 -- $1,638 / Sq Ft
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: 5249213

Arizona Regional Multiple Listing Service (ARMLS)

APN: 151-17-022