4401 N 7TH Street

    Phoenix, AZ 85014
    • $792,000
    • STATUS: Active
    • ON SITE: 5 days
    • MLS #: 6002733
    New On Site 5 Days Ago
    $792,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,171
      SQFT
    • $190
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    Opportunity to purchase a nearly 13,000 sq ft corner lot with 7th street frontage. Collect the rent or redevelop the site. Currently there is European Car Specialists in the western two buildings and Turney Village Market is in the Eastern building. Owner pays Insurance and taxes and tenants are responsible for everything else. Current cap rate is 5.18%. See document section for current rent and expenses and projections over 5 years. No showings without an accepted offer. Tenants unaware of sale. Call lister for further information.

    Monthly Payment Calculator



    © 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 2019-11-13T22:10:53.16.
    www.klausteam.com/homes/100697245

    4401 N 7TH Street Phoenix, AZ 85014

    • Price: $792,000
    • Status: Active
    • MLS #: 6002733
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    4,171
    SQFT
    $190
    $/SQFT
    1948
    Built
    Neighborhood:
    Carolyn Place Lot 10-45
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Opportunity to purchase a nearly 13,000 sq ft corner lot with 7th street frontage. Collect the rent or redevelop the site. Currently there is European Car Specialists in the western two buildings and Turney Village Market is in the Eastern building. Owner pays Insurance and taxes and tenants are responsible for everything else. Current cap rate is 5.18%. See document section for current rent and expenses and projections over 5 years. No showings without an accepted offer. Tenants unaware of sale. Call lister for further information.
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Fencing Chain Link Parking Private Parking Roofing Comp ShingleRolled Stories 1 Story Total Parking Spaces 20.00 Uncovered Parking Spaces 20.00

    Interior Features

    Ceiling Height 8 Feet Or Less Cooling Other (See Remarks) Flooring Other (See Remarks) Heating Other (See Remarks) Interior Features Finished

    Property Features

    Adjusted Gross Inc 51000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 2500.00 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 Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Commercial Cross Street 7th Street And Camelback South To Turney Current Use AutomobileRetail Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 51000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 27 Net Operating Income 41015.00 Operating Exp 9985.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 7485.00 Vacancy Allowance 0.00 Water City Franchise Zoning C-2

    Listing courtesy of West Usa Realty.


    © 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 2019-11-13T22:10:53.16.
     
    The Kenny Klaus Team | Keller Williams Integrity First
    2919 S. Ellsworth Rd., #133
    Mesa AZ, 85212