9230 N 6TH Street

    Phoenix, AZ 85020
    • $825,000
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: 6052457
    $825,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    Description

    Solid investment opportunity! This sale includes 9 total units between 2 solid block buildings consisting of one 4plex & one 5plex. All units are 1 bed 1 bath! Recent improvements includes new roof on one building, majority 7/10 of all hot water heaters & some hvac replacements, full remodel of one unit with new granite counters, kitchen, bath tub, vanity, vinyl plank flooring, paint etc! At least a couple other units have updated vinyl plank floors! Very solid return with total actual monthly rent of $5,576.52 with avg rent at $619/month with plenty of opportunity to add even more value, re-position & keep pushing rents way higher! Lots of upside! Great location & desirable neighborhood! Onsite coin operated laundry! Residents pay separately metered electric & gas.

    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 2020-03-31T00:10:19.013.
    www.myphoenixhomesearch.com/homes/104289020

    9230 N 6TH Street Phoenix, AZ 85020

    • Price: $825,000
    • Status: Active
    • MLS #: 6052457
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1974
    Built
    Neighborhood:
    Globa
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Solid investment opportunity! This sale includes 9 total units between 2 solid block buildings consisting of one 4plex & one 5plex. All units are 1 bed 1 bath! Recent improvements includes new roof on one building, majority 7/10 of all hot water heaters & some hvac replacements, full remodel of one unit with new granite counters, kitchen, bath tub, vanity, vinyl plank flooring, paint etc! At least a couple other units have updated vinyl plank floors! Very solid return with total actual monthly rent of $5,576.52 with avg rent at $619/month with plenty of opportunity to add even more value, re-position & keep pushing rents way higher! Lots of upside! Great location & desirable neighborhood! Onsite coin operated laundry! Residents pay separately metered electric & gas.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Lot Size Dimensions 138.7 X 101.56 Parking 1 Space/UnitPaved Parking Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 475 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 Bi Oven/RangeRefrigerator Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl/Composition Heating ElectricGas

    Property Features

    1 Bedroom Unit Avg Rent 619.00 1 Bedroom Units 9 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 64846.44 Annual Elec Exp 0.00 Annual Gas Exp 583.32 Annual Ins Exp 1500.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5000.00 Annual Mgmt Exp 5000.00 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 2700.00 Community Amenities No Pool Cross Street Hatcher & 7th Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 66852.00 Hoa YN No Net Operating Income 36812.00 New Financing Conventional1031 Exchange Operating Exp 18296.32 Other Income 0.00 Owner Pays WaterSewerGasTrash Collection Project Type 5 - 12 Units Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Special Owner/Agent Tax Municipality Maricopa - County Taxes 2013.00 Tenant Pays ElectricGas Vacancy Allowance 0.03 Water City Franchise Zoning Multi-Family

    Listing courtesy of Rosenbaum Realty Group.


    © 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 2020-03-31T00:10:19.013.
     
    The Laughton Team | My Home Group
    8631 W Union Hills Dr
    Peoria AZ, 85382