2627 N 27TH Street

    Phoenix, AZ 85008
    • $2,299,000
    • STATUS: Active
    • ON SITE: 4 days
    • MLS #: 6055576
    New On Site 4 Days Ago
    UPDATED: 228 min ago
    $2,299,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    The Lido is an 11-unit boutique garden-style apartment community located in a highly desirable east Phoenix location that has recently been extensively renovated and repositioned with premium finishes. Built in 1999, the community is comprised of 10-multifamily units in addition to a three-bedroom single family home that is approximately 1,850 square feet. The property is made of block (SFR) and wood frame (multifamily building) construction with built-up roofs with metal mansards and is individually metered for electricity. The home is on a separate 14,000 square foot parcel and could potentially be sold separately as an exit strategy. Single family home sales in the area average $250 per square foot.

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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/104459950

    2627 N 27TH Street Phoenix, AZ 85008

    • Price: $2,299,000
    • Status: Active
    • Updated: 228 min ago
    • MLS #: 6055576
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1999
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    000 - Out of Area
    Property Description
    The Lido is an 11-unit boutique garden-style apartment community located in a highly desirable east Phoenix location that has recently been extensively renovated and repositioned with premium finishes. Built in 1999, the community is comprised of 10-multifamily units in addition to a three-bedroom single family home that is approximately 1,850 square feet. The property is made of block (SFR) and wood frame (multifamily building) construction with built-up roofs with metal mansards and is individually metered for electricity. The home is on a separate 14,000 square foot parcel and could potentially be sold separately as an exit strategy. Single family home sales in the area average $250 per square foot.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedSiding Covered Parking Spaces 0.00 Exterior Amenities Other (See Remarks) Lot Size Dimensions .79 Parking 1 Space/Unit Roads Asphalt Roofing Built-Up

    Interior Features

    1 Bedroom Unit Avg Sq Ft 650 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 850 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 1850 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposalMicrowaveWasher/Dryer Cooling Individual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating Electric Interior Amenities UnfurnishedOther (See Remarks)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 8 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 165633.00 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 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 0.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual Meter Gas Master Meter Gross Annual Sch Inc 177000.00 Hoa YN No Net Operating Income 126535.00 New Financing Conventional1031 Exchange Other Income 1100.00 Owner Pays None Payment Includes Taxes Project Type 5 - 12 Units Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 4548.00 Tenant Pays ElectricCable Tv Vacancy Allowance 0.07 Water Master Meter Zoning R-2

    Listing courtesy of Cbre, Inc.


    © 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
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    Chandler AZ, 85286