1106 N 25TH Place

    Phoenix, AZ 85008
    • $375,000
    • STATUS: Active Under Contract
    • ON SITE: 23 days
    • MLS #: 6046447
    Under Contract
    $375,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Outstanding beautiful TURNKEY triplex in a great location close to downtown, freeways and the airport. This is a fully occupied, easy, low maintenance investment. Each unit is very functional with large rooms, inside laundry rooms and private yards. The current owners have renovated the property in last few years with new HVAC units, new water heaters, new kitchens, bathrooms, new tile/laminate flooring, double pane windows on south side, xeriscape landscaping, and adding private yards for each unit. This property offers great upside .Current rents are low for the area, ($750, $750 and $875) due to the current owners not realizing that rents have been rising.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Revelation Real Estate. Data last updated 2020-03-29T00:10:31.64.
    www.teamredbrick.com/homes/103894231

    1106 N 25TH Place Phoenix, AZ 85008

    • Price: $375,000
    • Status: Active Under Contract
    • MLS #: 6046447
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1978
    Built
    Neighborhood:
    Elsinore
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Excelencia School
    Middle School:
    Excelencia School
    High School:
    Camelback High School
    School District:
    014 - Creighton Elementary District
    Property Description
    Outstanding beautiful TURNKEY triplex in a great location close to downtown, freeways and the airport. This is a fully occupied, easy, low maintenance investment. Each unit is very functional with large rooms, inside laundry rooms and private yards. The current owners have renovated the property in last few years with new HVAC units, new water heaters, new kitchens, bathrooms, new tile/laminate flooring, double pane windows on south side, xeriscape landscaping, and adding private yards for each unit. This property offers great upside .Current rents are low for the area, ($750, $750 and $875) due to the current owners not realizing that rents have been rising.
    Exterior Features

    Construction Brick Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFenced Lot Size Dimensions 6759 Sqft Parking Paved Parking Roads Asphalt Roofing Comp Shingle Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 600 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 750 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileWood Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 750.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 812.50 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 28500.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1046.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 1080.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2400.00 Community Amenities No Pool Cross Street Roosevelt And 24th St Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 28500.00 Hoa YN No Net Operating Income 23974.00 New Financing FhaConventional1031 ExchangeVa Operating Exp 5361.00 Other Income 0.00 Owner Pays WaterSewerTrash Collection Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 835.00 Tenant Pays ElectricCable Tv UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water Master Meter Zoning R-3

    Listing courtesy of Homesmart.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Revelation Real Estate. Data last updated 2020-03-29T00:10:31.64.
     
    Revelation Real Estate
    2301 S Stearman Dr.
    Chandler AZ, 85286