1812 N 31st Place

    Phoenix, AZ 85008
    • $600,000
    • STATUS: Active
    • ON SITE: 78 days
    • MLS #: 6022498
    Price Reduced
    $600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    Value-Add multifamily opportunity in rapidly improving area of central Phoenix. On-site laundry room and storage. Plenty of upside in rents through interior and exterior renovations.

    Monthly Payment Calculator



    © 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/102223201

    1812 N 31st Place Phoenix, AZ 85008

    • Price: $600,000
    • Status: Active
    • MLS #: 6022498
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    014 - Creighton Elementary District
    Property Description
    Value-Add multifamily opportunity in rapidly improving area of central Phoenix. On-site laundry room and storage. Plenty of upside in rents through interior and exterior renovations.
    Exterior Features

    Construction Other (See Remarks) Construction Finish Other (See Remarks) Covered Parking Spaces 2.00 Lot Size Dimensions Unknown Parking >1 Space Per Unit Roads Asphalt Roofing Other (See Remarks)

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 715 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 750 3 Bedroom Unit Baths 1 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Other (See Remarks) Efficiency Unit Avg Sq Ft 240 Efficiency Unit Baths 1 Floors Other (See Remarks) Heating Other (See Remarks)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 965.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1100.00 3 Bedroom Units 2 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 67402.50 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 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 0.00 Annual Other Expense 21895.00 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 0.00 Community Amenities Other (See Remarks) Cross Street 32nd St & Mcdowell Rd Efficiency Unit Avg Rent 695.00 Efficiency Units 2 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 69000.00 Hoa YN No Net Operating Income 45605.00 New Financing Other (See Remarks) Operating Exp 23540.00 Other Income 1950.00 Owner Pays WaterSewerTrash CollectionOtherSee Remarks Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Phoenix Taxes 1645.00 Tenant Pays ElectricOther (See Remarks) Vacancy Allowance 0.05 Water City Franchise Zoning R-3

    Listing courtesy of Abi Multifamily.


    © 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