4217 N 27TH Street

    Phoenix, AZ 85016
    • $549,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 5990776
    UPDATED: 23 min ago
    $549,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Duplex property on 8100 SF, medium density multi-family lot in Arcadia Lite one of the HOTTEST multi-family markets in Metro Phoenix! This duplex consists of a ground level and basement level unit. Both units are 2 bedroom, 2 bathroom units and have been updated and remodeled in the past 4 years to include new flooring, kitchens, paint, etc.. Currently both unit are rented on 1 year or less terms and professionally managed. Great opportunity for a buy and hold investment or development deal. Medium density zoning up to 17 units/acre (attached). CAP rate includes prop taxes. Do Not Disturb Tenants.

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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 2019-11-12T10:11:11.68.
    www.myphoenixhomesearch.com/homes/99886120

    4217 N 27TH Street Phoenix, AZ 85016

    • Price: $549,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 5990776
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1980
    Built
    Neighborhood:
    Citrus Heights Lots 10-33
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Madison Camelview Elementary
    Middle School:
    Madison Park School
    High School:
    Camelback High School
    School District:
    038 - Madison Elementary District
    Property Description
    Duplex property on 8100 SF, medium density multi-family lot in Arcadia Lite one of the HOTTEST multi-family markets in Metro Phoenix! This duplex consists of a ground level and basement level unit. Both units are 2 bedroom, 2 bathroom units and have been updated and remodeled in the past 4 years to include new flooring, kitchens, paint, etc.. Currently both unit are rented on 1 year or less terms and professionally managed. Great opportunity for a buy and hold investment or development deal. Medium density zoning up to 17 units/acre (attached). CAP rate includes prop taxes. Do Not Disturb Tenants.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailablePatio/Balcony Lot Size Dimensions 60.5 X 120 (8100Sf@ 10000Sf With Easements) Parking FreePaved Parking Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 1100 2 Bedroom Units Baths 2 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/RangeRefrigeratorDishwasherDisposalMicrowaveWasher/Dryer Cooling Central A/CElectric Refrigeratd2 Or More Units Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl/Composition Heating 2 Or More UnitsGasCeiling Fan(S)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1325.00 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 31800.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 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 2160.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 1200.00 Community Amenities Other (See Remarks) Cross Street 27th St & Campbell Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas Sw Gas Gross Annual Sch Inc 31800.00 Hoa YN No Net Operating Income 27648.00 New Financing Conventional1031 ExchangeVaNo Carry Operating Exp 6312.00 Other Income 0.00 Other Type Packaged OfferingOther (See Remarks) Owner Pays WaterSewerTrash Project Type Duplex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1752.00 Tenant Pays ElectricGasCable TvLandscaping Totl Mnth Rntal Inc 2650.00 Vacancy Allowance 0.00 Water City Franchise Zoning R-3M-M

    Listing courtesy of Axis Property Advisors.


    © 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 2019-11-12T10:11:11.68.
     
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    Peoria AZ, 85382