1505 N 15TH Avenue

    Phoenix, AZ 85007
    • $567,000
    • STATUS: Active
    • ON SITE: 128 days
    • MLS #: 5951054
    UPDATED: 31 min ago
    $567,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Information

    Description

    Fully rented 4 plex in the heart of FQ historic district central Phoenix. Property has been remodeled and is individually metered for electric. All units have tile and central air conditioning. Leased laundry equipment. Rents have not been increased to market rents. Three one bedrooms at Unit 1: $875 Unit 2: $715 Unit 3: $649 Unit 4: $895 (2 bedroom). Good opportunity for an air B and B. Or to raise rents to market or great owner occupant. All facts and figures are approximate. Buyer verify all 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 Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-17T13:11:05.88.
    www.klausteam.com/homes/96795968

    1505 N 15TH Avenue Phoenix, AZ 85007

    • Price: $567,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 5951054
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1925
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Kenilworth Elementary School
    High School:
    Central High School
    School District:
    001 - Phoenix Elementary District
    Property Description
    Fully rented 4 plex in the heart of FQ historic district central Phoenix. Property has been remodeled and is individually metered for electric. All units have tile and central air conditioning. Leased laundry equipment. Rents have not been increased to market rents. Three one bedrooms at Unit 1: $875 Unit 2: $715 Unit 3: $649 Unit 4: $895 (2 bedroom). Good opportunity for an air B and B. Or to raise rents to market or great owner occupant. All facts and figures are approximate. Buyer verify all MLS information.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions Irr Parking >1 Space Per Unit Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 9.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 750 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 900 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 F/S Oven/RangeRefrigerator Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl/CompositionWood Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 1000.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1200.00 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 49020.00 Annual Elec Exp 1200.00 Annual Gas Exp 1100.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 800.00 Annual Legal And Acctg 0.00 Annual Maint Exp 4000.00 Annual Mgmt Exp 2500.00 Annual Other Expense 2100.00 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 1500.00 Community Amenities No Pool Cross Street Mcdowell And 15th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 50400.00 Hoa YN No Net Operating Income 31250.00 New Financing FhaConventional1031 Exchange Operating Exp 17500.00 Other Income 1200.00 Owner Pays WaterSewerTrash Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 2100.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 4200.00 UCB No Vacancy Allowance 0.05 Water City Franchise Zoning R5

    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 Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-17T13:11:05.88.
     
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