4205 N 7TH Avenue

    Phoenix, AZ 85013
    • $3,500,000
    • STATUS: Active
    • ON SITE: 117 days
    • MLS #: 6033147
    UPDATED: 190 min ago
    $3,500,000
    • 0
      BEDS
    • 0.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 35,419
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    Unique DUAL ZONING, (C-2 Commercial and R-5 Multi-Family), on this prime piece of real estate just north of Downtown. Fully rented with ground-level under building garage parking. Great income producer for an owner-user or an investor. Perfect location to keep as-is or build apartments/condos. Your call! 2 parcels: 155-39-001 and 155-39-002. Seller says rents are less than current market and 3,000 sq. ft. being used by owner so potential for additional rental income is significant!

    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 The Laughton Team | My Home Group. Data last updated 2020-06-02T00:11:33.423.
    www.myphoenixhomesearch.com/homes/102957836

    4205 N 7TH Avenue Phoenix, AZ 85013

    • Price: $3,500,000
    • Status: Active
    • Updated: 190 min ago
    • MLS #: 6033147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.84
    Acres
    35,419
    SQFT
    $99
    $/SQFT
    1987
    Built
    Neighborhood:
    Hall Tract
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Unique DUAL ZONING, (C-2 Commercial and R-5 Multi-Family), on this prime piece of real estate just north of Downtown. Fully rented with ground-level under building garage parking. Great income producer for an owner-user or an investor. Perfect location to keep as-is or build apartments/condos. Your call! 2 parcels: 155-39-001 and 155-39-002. Seller says rents are less than current market and 3,000 sq. ft. being used by owner so potential for additional rental income is significant!
    Exterior Features

    Construction Block Covered Parking Spaces 24.00 Exterior Features LandscapingSecurity Light(S) Fencing None Freeway Highway 2.1 - 5 Miles Lot Size Dimensions 371X153 Parking FreePaved Parking Roads Asphalt Roofing Comp Shingle Stories 3 - 4 Stories Total Parking Spaces 66.00 Uncovered Parking Spaces 42.00

    Interior Features

    Amenities Public Elevator(S) Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/C Flooring CarpetConcrete Heating Heat Pump Interior Features Finished

    Property Features

    Adjusted Gross Inc 256802.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 110637.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type OfficeOther (See Remarks) Cross Street 7TH AVE & INDIAN SCHOOL RD Current Use Office Electric ApsMaster Meter Gas Master Meter Gross Annual Sch Inc 256802.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Grade Level Lot Number - Net Operating Income 171165.00 Operating Exp 160547.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 49910.00 Traffic Count Unknown Vacancy Allowance 0.00 Water City Franchise Zoning C-2 & R-5

    Listing courtesy of Coldwell Banker Realty.


    © 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 The Laughton Team | My Home Group. Data last updated 2020-06-02T00:11:33.423.
     
    The Laughton Team | My Home Group
    8631 W Union Hills Dr
    Peoria AZ, 85382