NOT LISTED FOR SALE

LS TWO N Phoenix Ave Phoenix, AZ 85017

Alhambra Neighborhood
32 Beds
-- Bath
4,800 Sq Ft
1970 Built

Sale Details

Date Sold: July 15, 2016

Last sale price $1,000,000 $208 Per Sq Ft

96 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2016

This is a 10 unit single family home portfolio. All properties have lease purchase contracts with tenants. Current Net cap rate 8% based on current discounted pricing.
This parcel was one of the homes in the portfolio and used for MLS entry only

Last Agent to Sell the Property

John Fox

DeLex Realty License #BR552354000 Listed on: 01/30/2016

Last Buyer's Agent

John Fox

DeLex Realty License #BR552354000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1970

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 1-10
  • Assessor Parcel Number 154-20-043

Community Details

Overview

  • 10 Buildings
  • 10 Units
  • Building Dimensions are 80 x 100

Building Details

  • Operating Expense $386
  • Net Operating Income $80,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$386

Year Built

Built in 1970

Listing Details

  • Cross Street: Varies
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 10
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS, SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 80 x 100
  • Additional Parcels: Yes
  • Parcel #: 154-20-043

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water
  • Number Of Units Total: 10
  • Property Net Operating Income: 80750.0
  • Annual Operating Expense: 386.0

Tax Info

  • Tax Annual Amount: 386.0
  • Tax Book Number: 154.00
  • Tax Lot: 1-10
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $1,000,000 -6.2% $208 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $1,065,900 -- $222 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5391281

Arizona Regional Multiple Listing Service (ARMLS)
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