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1213 W Pima Street

Phoenix, AZ 85007
  • $435,000
  • STATUS: Active
  • ID#: 6554704
UPDATED: 66 min ago
$435,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1943
County:
Area:

School Information

Elementary School:
High School:

Description

Turnkey Triplex located just outside downtown Phoenix which has plenty of dining, entertainment, sports, and ASU's downtown campus. Tenants are in place with leases below market value so there is room for added value. As it is, this property has a 5% CAP rate and is a great investment opportunity. The complex had new appliances, flooring, cabinetry, and HVAC, as well as a new roof installed in 2018. The main unit is a 2 bed 1 bath and the other units are 1 bed, 1 bath. This is a great property located close to downtown the light rail and freeway access.

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Arizona Regional MLS logo© 2023 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 Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T08:12:11.393.
www.joshberkley.com/homes/139410786
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1213 W Pima Street Phoenix, AZ 85007

  • Price: $435,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • ID#: 6554704
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1943
Built
Neighborhood:
Gilbert Square
County:
Maricopa
Area:
Phoenix
Elementary School:
Mary Mcleod Bethune School
Middle School:
Mary Mcleod Bethune School
High School:
Central High School
Property Description
Turnkey Triplex located just outside downtown Phoenix which has plenty of dining, entertainment, sports, and ASU's downtown campus. Tenants are in place with leases below market value so there is room for added value. As it is, this property has a 5% CAP rate and is a great investment opportunity. The complex had new appliances, flooring, cabinetry, and HVAC, as well as a new roof installed in 2018. The main unit is a 2 bed 1 bath and the other units are 1 bed, 1 bath. This is a great property located close to downtown the light rail and freeway access.
Exterior Features

Construction Block Construction Finish Stucco Covered Parking Spaces 0.00 Lot Size Dimensions 50X128 Parking Street Parking Roads AsphaltCurb(S) & Gutter(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 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 Refrigerator Cooling Other Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Central

Property Features

1 Bedroom Unit Avg Rent 575.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 925.00 2 Bedroom Units 1 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 24900.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street 7th Ave And Buckeye Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 24900.00 Hoa YN No Net Operating Income 18252.00 New Financing 1031 ExchangeConventional Operating Exp 497.00 Other Income 0.00 Other Type House + Rental Units Owner Pays SewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 497.00 Tenant Pays ElectricGas Vacancy Allowance 0.00 Water Master Meter Zoning R3

Arizona Regional MLS logo Listing provided by Realty One Group: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 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 Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-06-07T08:12:11.393.
 
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