2820 E Le Marche Avenue

    Phoenix, AZ 85032
    • $380,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 5968142
    UPDATED: 27 min ago
    $380,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1982
    County:
    Area:

    School Ratings & Info

    Description

    HUGE CAP RATE WITH STABLE TENANTS! AMAZING INVESTMENT OPPERTUNITY. CASH COW 4 PLEX WITH EVEN MORE UPSIDE, 1 UNIT HAS NOT BEEN TURNED YET - ADDITIONAL 5K INCOME!!! UNITS HAVE HAD A LIGHT REFRESH AND HAVE BEEN WELL MAINTAINED. WILL GO FAST! SEE PRIVATE REMARKS FOR FINANCING 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 2019-11-17T19:10:44.027.
    www.klausteam.com/homes/98197446

    2820 E Le Marche Avenue Phoenix, AZ 85032

    • Price: $380,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 5968142
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1982
    Built
    Neighborhood:
    Greenway Manor Lot 1-72 Tr A-E
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    069 - Paradise Valley Unified District
    Property Description
    HUGE CAP RATE WITH STABLE TENANTS! AMAZING INVESTMENT OPPERTUNITY. CASH COW 4 PLEX WITH EVEN MORE UPSIDE, 1 UNIT HAS NOT BEEN TURNED YET - ADDITIONAL 5K INCOME!!! UNITS HAVE HAD A LIGHT REFRESH AND HAVE BEEN WELL MAINTAINED. WILL GO FAST! SEE PRIVATE REMARKS FOR FINANCING INFORMATION.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Landscape Wtr SystemGreen LandscapingDesert LandscapingFencedSatellite DishCable Tv AvailableTv AntennaPatio/BalconySecurity Light(S) Lot Size Dimensions 6030 Parking 1 Space/UnitAssigned Roads Asphalt/BlacktopConcretePrivate StreetSidewalk(S) Roofing Built-UpComp Shingle Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 929 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1106 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 1300 3 Bedroom Unit Baths 3 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeDisposalWasher/DryerW/D Hookup Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl/Composition Heating 2 Or More UnitsElectricHeat PumpCeiling Fan(S) Interior Amenities UnfurnishedDrapesVertical BlindsFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 888.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 800.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1444.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 46534.80 Annual Elec Exp 4000.00 Annual Gas Exp 0.00 Annual Ins Exp 1000.00 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 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 7740.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities Pool(S)Manager Res/OfficePlay AreaBarbecue Area(S) Cross Street 29th And Greenway Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 48984.00 Hoa YN Yes Net Operating Income 35000.00 New Financing Conventional1031 ExchangeAffordable HousingTrade Operating Exp 13994.58 Other Income 0.00 Owner Pays Other (See Remarks) Project Type Four Plex Sale Includes Building(S) OnlyLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Maricopa - County Taxes 1254.58 Tenant Pays Electric Totl Mnth Rntal Inc 4082.00 Vacancy Allowance 0.05 Water Community Franchise Zoning Pad-13

    Listing courtesy of Homesmart.


    © 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 2019-11-17T19:10:44.027.
     
    The Kenny Klaus Team | Keller Williams Integrity First
    2919 S. Ellsworth Rd., #133
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