3004 E Waltann Lane

    Phoenix, AZ 85032
    • $699,900
    • STATUS: Active
    • ON SITE: 140 days
    • MLS #: 5934524
    UPDATED: 65 min ago
    $699,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    Description

    Paradise Park Estate is a fully rented 8 units in the heart of Phoenix. These apartments back up to a beautiful park. This property features 6 one bedroom one bath units and 2 two bedroom one bath units. Shared court yard for all units. All have central air and leased laundry equipment. Tenants pay for there own electric and owner has them for about 28 years. Rents have not been raised in years currently from 450-550. A great value add opportunity. Drive by only tenants are unaware of sale. All facts figures are approximate buyer verify mls information

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    © 2019 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 The Laughton Team | My Home Group. Data last updated 2019-10-22T15:11:54.553.
    www.myphoenixhomesearch.com/homes/95467122

    3004 E Waltann Lane Phoenix, AZ 85032

    • Price: $699,900
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 5934524
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1983
    Built
    Neighborhood:
    Paradise Park Estates Amd Lot 30
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Paradise Park Estate is a fully rented 8 units in the heart of Phoenix. These apartments back up to a beautiful park. This property features 6 one bedroom one bath units and 2 two bedroom one bath units. Shared court yard for all units. All have central air and leased laundry equipment. Tenants pay for there own electric and owner has them for about 28 years. Rents have not been raised in years currently from 450-550. A great value add opportunity. Drive by only tenants are unaware of sale. All facts figures are approximate buyer verify mls information
    Exterior Features

    Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Lot Size Dimensions irr Parking Free Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 12.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 656 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 805 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeDishwasher Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl/Composition Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 650.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 800.00 2 Bedroom Units 2 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 63840.00 Annual Elec Exp 1275.00 Annual Gas Exp 0.00 Annual Ins Exp 2368.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5000.00 Annual Mgmt Exp 0.00 Annual Other Expense 1908.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1000.00 Annual Wtr Swr Exp 4500.00 Community Amenities No Pool Cross Street Greenway & 30th St Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 66000.00 Hoa YN No Net Operating Income 47289.00 New Financing Conventional Operating Exp 18459.00 Other Income 1200.00 Other Type Other (See Remarks) Owner Pays WaterSewerTrashLandscaping Project Type 5 - 12 Units Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 1908.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 5500.00 UCB No Vacancy Allowance 0.05 Water Master MeterCity Franchise Zoning [R-3]

    Listing courtesy of Grace Cre.


    © 2019 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 The Laughton Team | My Home Group. Data last updated 2019-10-22T15:11:54.553.
     
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