802 S 11TH Avenue S , #8

    Phoenix, AZ 85007
    • $795,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 6041258
    Price Reduced
    UPDATED: 62 min ago
    $795,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    Description

    Strong Cash Flow; Warehouse District Cottages is a totally renovated 8-Unit, one bedroom/one bath apartment community. A full interior and exterior renovation was done with nearly everything replaced. This includes water lines, electrical, plumbing, gating to create private enclosed back patios and well as enhancing landscaping for curbside appeal. New Roof, new dual pane windows, new front doors, new appliances, counter tops and cabinets. Bathrooms were also redone and Rheem tankless water heaters were installed. Units are single level with block construction. The property is 100% leased with a waiting list through ABC Housing. Washer and Dryer on Site. Located in the up and coming Downtown Warehouse District, just two blocks from the new Class A, Alta Warehouse District Apartments

    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 2020-04-07T09:10:14.513.
    www.teamredbrick.com/homes/103497402

    802 S 11TH Avenue S , #8 Phoenix, AZ 85007

    • Price: $795,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 6041258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1967
    Built
    Neighborhood:
    Irvine Add 17-18, 23-26
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Strong Cash Flow; Warehouse District Cottages is a totally renovated 8-Unit, one bedroom/one bath apartment community. A full interior and exterior renovation was done with nearly everything replaced. This includes water lines, electrical, plumbing, gating to create private enclosed back patios and well as enhancing landscaping for curbside appeal. New Roof, new dual pane windows, new front doors, new appliances, counter tops and cabinets. Bathrooms were also redone and Rheem tankless water heaters were installed. Units are single level with block construction. The property is 100% leased with a waiting list through ABC Housing. Washer and Dryer on Site. Located in the up and coming Downtown Warehouse District, just two blocks from the new Class A, Alta Warehouse District Apartments
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert Landscaping Lot Size Dimensions 150 X 146 Parking Street ParkingAttached Roads Dedicated Street Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 1 Appliances Included Bi Oven/RangeRefrigeratorMicrowave Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricCeiling Fan(S) Interior Amenities UnfurnishedFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 980.00 1 Bedroom Units 8 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 90215.80 Annual Elec Exp 720.00 Annual Gas Exp 0.00 Annual Ins Exp 1900.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 633.00 Annual Maint Exp 4466.00 Annual Mgmt Exp 5359.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 2000.00 Annual Trash Exp 1320.00 Annual Wtr Swr Exp 2700.00 Community Amenities No Pool Cross Street 11th Avenue And West Sherman Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 94080.00 Hoa YN No Net Operating Income 56524.00 New Financing ConventionalNo Carry Operating Exp 19576.00 Other Income 884.00 Other Type Packaged Offering Owner Pays WaterSewerElectricTrash CollectionLandscaping Payment Includes PrincipalInterest Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 478.00 Tenant Pays None Totl Mnth Rntal Inc 7840.00 Vacancy Allowance 0.05 Water City Franchise Zoning R-3

    Listing courtesy of Orion Investment Real Estate.


    © 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 2020-04-07T09:10:14.513.
     
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