







Property Attributes
- MLS#6168030
- TypeMulti-Family
- CountyMARICOPA
- CityPhoenix
- NeighborhoodOrangedale Tract 11 - 13 - 14 - 15
- Zip85008
- Style
- Year Built1962
- Taxes1354
- Price$ 598,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3300
Listing Provided Courtesy Of:
Orion Investment Real Estate
Property Description
THE OPPORTUNITYValue Add opportunity in gentrifying neighborhood. This is a classic4-Plex poised to take advantage of the on going gentrificationand rising rents in the Papago Village area. All long term tenants on Month to Month leases at $450, allows for raising rents to market rate quickly. Units consist of 3 - 2Bedroom/1 Bath and 1 - 1 Bedroom/1 Bath. All units have largeprivate backyards with washer and dryer hookups and coveredparking. Many new multifamily construction throughout the area,along with full renovations of existing product.THE LOCATIONPerfectly located South of Arcadia, easy access to the 143 Freeway.Minutes from Phoenix Sky Harbor International Airport, Scottsdale,Phoenix and Tempe.
Price History | |
---|---|
12/5/2020 | Listed $598,000 |
General Features
1 Bedroom Units: Avg Rent | 905.00 |
---|---|
2 Bedroom Units: Avg Rent | 1150.00 |
3 Bedrooms Units: Avg Rent | 0.00 |
4 Bedrooms Units: Avg Rent | 0.00 |
Construction | Slump Block |
Cooling | Central A/C |
Electric | Individual Meter, SRP |
Features | No Pool |
Heating | Electric, Individual |
Map Code/Grid | P36 |
Net Income | 40533.00 |
New Financing | Conventional |
Owner Pays | Landscaping, Sewer, Trash Collection, Water |
Parking | Carport |
Property Type | F |
Roof | Tile |
School District | 031 - Balsz Elementary District |
Sewer | Sewer - Public |
Status | Active |
Subdivision | ORANGEDALE TRACT 11, 13, 14, 15 |
Tenant Pays | Cable TV, Electric |
Water | City Franchise |
Year Built | 1962 |
Zoning | R-3 |
Interior Features
1 Bedroom Units: # 1 Bedroom Units | 1 |
---|---|
1 Bedroom Units: # Baths | 1 |
1 Bedroom Units: Avg Sqft | 750 |
2 Bedroom Units: # 2 Bedroom Units | 3 |
2 Bedroom Units: # Baths | 1 |
2 Bedroom Units: Avg Sqft | 850 |
Appliances Included | F/S Oven/Range, Refrigerator, W/D Hookup |
Floors | Vinyl/Composition |
Gas | None |
Total Number of Units | 4.00 |
Exterior Features
Sale Includes | Land & Building |
---|---|
Const - Finish | Painted |
Covered Parking Spcs | 5.00 |
Lot Size Dimensions | 1 |
Total Parking Spcs | 10.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool