Address
4221 N 27Th Street Phoenix, AZ
Price
$ 510,000
Property Attributes
  • MLS#5990776
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCitrus Heights Lots 10-33
  • Zip85016
  • Style
  • Year Built1980
  • Taxes1752
  • Price$ 510,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2200
Listing Provided Courtesy Of:
AXIS Property Advisors
Property Description

Duplex property on 8100 SF, medium density multi-family lot in Arcadia Lite one of the HOTTEST multi-family markets in Metro Phoenix! This duplex consists of a ground level and basement level unit. Both units are 2 bedroom, 2 bathroom units and have been updated and remodeled in the past 4 years to include new flooring, kitchens, paint, etc.. Currently both unit are rented on 1 year or less terms and professionally managed. Great opportunity for a buy and hold investment or development deal. Medium density zoning up to 17 units/acre (attached). CAP rate includes prop taxes. Do Not Disturb Tenants.

Elementary School Middle School High School
Madison Camelview Elementary Madison Park School Middle School Camelback High School
Price History
10/11/2019 Listed $549,000
11/26/2019 4% - $530,000
2/11/2020 4% - $510,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1325.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Cooling 2 or More Units, Central A/C, Electric Refrigeratd
Electric Individual Meter, SRP
Elementary School Madison Camelview Elementary
Exterior Features Cable TV Available, Patio/Balcony
Features Other (See Remarks)
Heating 2 or More Units, Ceiling Fan(s), Gas
High School Camelback High School
Map Code/Grid P35
Middle School Madison Park School
Net Income 27648.00
New Financing 1031 Exchange, Conventional, No Carry, VA
Owner Pays Sewer, Trash Collection, Water
Parking Free, Paved Parking
Property Type F
Public Remarks Duplex property on 8100 SF
Roof Comp Shingle
School District 038 - Madison Elementary District
Sewer Sewer - Public
Status Active
Subdivision CITRUS HEIGHTS LOTS 10-33
Tenant Pays Cable TV, Electric, Gas, Landscaping
Water City Franchise
Year Built 1980
Zoning R-3, M-M

Interior Features

2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 1100
Appliances Included Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Floors Vinyl/Composition
Gas SW Gas
Total Number of Units 2.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions 60.5 x 120 (8100SF, @ 10, 000SF with easements)
Total Parking Spcs 4.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85016

Price
AVG $830K
$510K
Taxes
AVG $2,778
$1,752
Visits
AVG 466
796
Year Built
AVG 1970
1980
Walkscore
AVG 57
71
Data Provided by Walkscore ® not using MLS data

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