Buy An Investment Property in Phoenix
'06, 2-unit, Close-to-Downtown; Many new builds & remodels near! (Do not disturb occupants!) Drive by only until contract. Each is 1344sqft, 4 br, 2 ba, 2 car garage. Great 6.6 CAP Rate Investment. S. unit just remodeled w/new 1 year $1675/mo. (very low vs comps) N. unit has interim occupant. Sept 10 Seller starts same rental grade face lift on N. unit. If you buy quickly, you can remodel as you prefer instead. Tenants pay all util. Comps support far higher rents. However, for CAP we projected a low $1875/mo N. unit rent.Seller owns the 3 commercial lots and used restaurant equipment business immediately north on Grant. Seller will be completely clearing & very likely selling the lots over the next apx. 2-3 years. Zoning of duplex is C3 (commercial with ''residential overlay'')
Multi Family Property For Sale In Phoenix
Neighbourhood
Central City South
Price
595000
Status
For Sale
Type
Multi Family
Year Built
2006
HOA
-
HOA Frequency
Monthly/0
Property Tax Details
Total | Tax | Year |
---|---|---|
$ 30950 | $ 1382 | 2021 |
$ 23400 | $ 1398 | 2020 |
$ 18750 | $ 1396 | 2019 |
- | $ 1372 | 2018 |
$ 17260 | $ 1340 | 2017 |
$ 16110 | $ 1302 | 2016 |
$ 14730 | $ 1205 | 2015 |
$ 10710 | $ 1312 | 2014 |
$ 4930 | $ 878 | 2013 |
$ 6200 | $ 1035 | 2012 |
$ 6330 | $ 936 | 2011 |
- | $ 1607 | 2010 |
$ 27910 | $ 2330 | 2009 |
$ 23100 | $ 2188 | 2008 |
Property History Details
Event Name | Price | Date |
---|---|---|
Listed | $ 389000 | 21-08-2022 |
Listed | $ 389000 | 19-08-2022 |
Sold | $ 285000 | 31-05-2017 |
Sold | $ 198500 | 21-11-2014 |
Sold | $ 128750 | 27-01-2010 |
Sold | $ 51100 | 01-02-1977 |
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