$1,250,000
Phoenix, AZ 85018
MLS# 6408667
Status: Closed
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Property Description
This 4 unit apartment community was built in 1959 and consists of (3) 1-bedroom / 1-bathroom units and (1) 2-bedroom / 1-bathroom unit. The exterior is in great condition and has clean, easy to maintain desert landscape which provides attention-grabbing curb appeal. Each unit boasts an individual private patio and a personal covered parking spot in the carport located at the back of the complex. The community also has an easily accessible laundry room for the 2-bedroom/1-bathroom unit that could be transformed into a community laundry facility. is in close proximity to various boutique eateries such as La Grande Orange, and Ingo's Tasty Food. It is virtually equal distance to Camelback Mountain's hiking trails, the historic Biltmore Golf Club, Old Town Scottsdale, & Phoenix Sky Harbor.
Details
Maps
Contract Info
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
List Date: 2022-05-31
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P35
House Number: 3615
Compass: E
Street Name: GLENROSA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 4065
County Code: Maricopa
Subdivision: CAMELBACK HORIZONS
Assessor Number: 170-31-026
Tax Year: 2021
General Property Description
Lot Size Dimensions: 11,100
Year Built: 1959
Total # of Units: 4
# of Buildings: 1
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.498131
Geo Lon: -112.003368
Status Change Info
Off Market Date: 2022-07-30
Under Contract Date: 2022-07-06
Close of Escrow Date: 2022-07-29
Sold Price: $1,250,000
Legal Info
Township: 2N
Range: 3E
Section: 24
Lot Number: 5
Income Expenses
Gross Annual Sch Inc: 49452
Net Operating Income: 31133
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 896
Avg SqFt: 606
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1432
Avg SqFt: 900
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: SW Gas
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Water; Sewer; Trash Collection
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
New Financing: VA; FHA; Conventional; Owner May Carry
Environmental: None
Listing Office: ABI Multifamily
Last Updated: July - 30 - 2022
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