2601 E Monte Cristo Avenue

    Phoenix, AZ 85032
    • $270,000
    • STATUS: Pending
    • ON SITE: 27 days
    • MLS #: 5995330
    Pending
    UPDATED: 77 min ago
    $270,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    Description

    MULTIFAMILY TRI-PLEX INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH-FLOW! This is a great Tri-Plex with all Two Bedroom/One Bath units. Each unit has a secure, gated front patio entrance, and private back yard area. All of the units have ceramic tile floors, and are in good shape. Rents are way below market, new buyer has significant upside. This is a very desirable rental area, and units rent quickly. There is also access to employment, entertainment, transportation, parks, and schools very near by. Property has extra land to the east of patio fenceline, and also a closed off alley in back that could be utilized for more parking or even to build carports or storage units.

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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 2019-11-20T09:10:52.043.
    www.klausteam.com/homes/100215340

    2601 E Monte Cristo Avenue Phoenix, AZ 85032

    • Price: $270,000
    • Status: Pending
    • Updated: 77 min ago
    • MLS #: 5995330
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    Neighborhood:
    Jolly Acres
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Abraham Lincoln Traditional School
    High School:
    Paradise Valley High School
    School District:
    069 - Paradise Valley Unified District
    Property Description
    MULTIFAMILY TRI-PLEX INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH-FLOW! This is a great Tri-Plex with all Two Bedroom/One Bath units. Each unit has a secure, gated front patio entrance, and private back yard area. All of the units have ceramic tile floors, and are in good shape. Rents are way below market, new buyer has significant upside. This is a very desirable rental area, and units rent quickly. There is also access to employment, entertainment, transportation, parks, and schools very near by. Property has extra land to the east of patio fenceline, and also a closed off alley in back that could be utilized for more parking or even to build carports or storage units.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities FencedPatio/Balcony Lot Size Dimensions 8427 Parking Street Parking>1 Space Per UnitAdd'l Parking Avail Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 3.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 697 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 Bi Oven/RangeRefrigeratorW/D Hookup Cooling Central A/CElectric Refrigeratd2 Or More UnitsHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating 2 Or More UnitsGasHeat PumpCentral Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 700.00 2 Bedroom Units 3 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 23940.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 900.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1500.00 Annual Mgmt Exp 0.00 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 2400.00 Community Amenities No Pool Cross Street Cave Creek And Greenway Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 25200.00 Hoa YN No Net Operating Income 18539.00 New Financing FhaConventionalVa Operating Exp 5401.00 Other Income 0.00 Owner Pays WaterSewerTrash Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 601.00 Tenant Pays ElectricGasCable Tv Vacancy Allowance 0.05 Water City Franchise Zoning R-3

    Listing courtesy of Svn/Desert Commercial 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 Kenny Klaus Team | Keller Williams Integrity First. Data last updated 2019-11-20T09:10:52.043.
     
    The Kenny Klaus Team | Keller Williams Integrity First
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    Mesa AZ, 85212