$810,000
Phoenix, AZ 85021
MLS# 6631006
Status: Closed
1 / 12
Property Description
Great investment opportunity! This North Central Phoenix Gem is centrally located off Central Avenue walking distance to Vig, TMO Wine Bar, OHSO, and Central's Bridle path. Also located in the sought after Sunnyslope High School District. Minutes to downtown, freeways, and Honor Health hospital. All 4 Units are 2-Bedrooms/1-Bathroom approximately 750 square feet each with private patios. Each unit has their own private washer/dryer hook ups and is separately metered for electric.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $810,000
Sold Price: $810,000
Status: Closed
List Date: 2023-11-15
Location, Tax & Legal
Assessor's Map #: 48
Legal Description (Abbrev): LOT 23 BLOCK 7 NORTH CENTRAL HEIGHTS A BLKS 7-13 MCR 003727
Assessor's Parcel #: 24
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104600
Taxes: 1306
Legal: LOT 23 BLOCK 7 NORTH CENTRAL HEIGHTS A BLKS 7-13 MCR 003727
Marketing Name: None
House Number: 14
Compass: W
Street Name: SUNNYSLOPE
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 3556
County Code: Maricopa
Subdivision: NORTH CENTRAL HEIGHTS A BLKS 7-13
Assessor Number: 159-48-024
Tax Year: 2023
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 5
Lot Size Dimensions: Irregular
Total # of Units: 4
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Year Built: 1985
Zoning: R-3A
Legal Info
Range: 3E
Section: 29
Township: 3N
Block: 7
Lot Number: 23
Project Type
Four Plex: 1
Construction
Slump Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Maint Exp: 6606
Annual Mgmt Exp: 2496
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10408
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 62400
Pmt & Rate Info
Cap Rate: 6.3
Equity: 825000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Free-Standing Range: 1
Refrigerator: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
<1 Space Per Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
VA: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1300
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 15793.52
Seller Concession $/%: $
Remarks Misc
Cross Street: Hatcher Rd and Central Ave
Directions: North of Dunlap Ave off Central Avenue. Turn left on Sunnyslope Ln. Property is on the North side of street.
Geo Lat: 33.570696
Geo Lon: -112.074618
Status Change Info
Off Market Date: 2023-11-22
Under Contract Date: 2023-11-21
Close of Escrow Date: 2023-12-19
Sold Price: $810,000
Income Expenses
Gross Annual Sch Inc: 62400
Net Operating Income: 51992
Property Features
Project Type: Four Plex
Construction: Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Patio/Balcony; Separate Storage
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: <1 Space Per Unit; Free
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; Conventional; No Carry; 1031 Exchange
Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: January - 05 - 2024
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