929 W Myrtle Avenue , 1-4

    Phoenix, AZ 85021
    • $845,000
    • STATUS: Active
    • ON SITE: 65 days
    • MLS #: 5975424
    UPDATED: 44 min ago
    $845,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Casitas on Myrtle is a four-unit apartment community surrounded by residential homes in the coveted Uptown Phoenix neighborhood. Developed in 1956, the property is comprised of spacious two-bedroom single-levelfloorplans - 100% of which have large back patios. Three of the units have renovated interiors. All four units have direct-access carports and in-suite laundry. Asphalt driveway was resurfaced in 2018. Future ownership will have the opportunity to renovate the interior of the fourth unit in order to achieve a suggested $400 monthly renovation premium. Barriers from competitive rental alternatives in the area suggest further rental upside and the ability to incorporate a RUBS recapture. Furthermore, residents aregranted convenient access to the thriving the Deer Valley/I-17, Midto

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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 2019-11-11T14:11:15.85.
    www.klausteam.com/homes/98744704

    929 W Myrtle Avenue , 1-4 Phoenix, AZ 85021

    • Price: $845,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 5975424
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1956
    Built
    Neighborhood:
    Metes and Bounds
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Orangewood School
    Middle School:
    Orangewood School
    High School:
    Washington High School
    School District:
    006 - Washington Elementary District
    Property Description
    Casitas on Myrtle is a four-unit apartment community surrounded by residential homes in the coveted Uptown Phoenix neighborhood. Developed in 1956, the property is comprised of spacious two-bedroom single-levelfloorplans - 100% of which have large back patios. Three of the units have renovated interiors. All four units have direct-access carports and in-suite laundry. Asphalt driveway was resurfaced in 2018. Future ownership will have the opportunity to renovate the interior of the fourth unit in order to achieve a suggested $400 monthly renovation premium. Barriers from competitive rental alternatives in the area suggest further rental upside and the ability to incorporate a RUBS recapture. Furthermore, residents aregranted convenient access to the thriving the Deer Valley/I-17, Midto
    Exterior Features

    Construction BlockFrame - Wood Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Landscape Wtr SystemGreen LandscapingCable Tv AvailableSeparate Storage Lot Size Dimensions 83 X 255 Parking 1 Space/UnitPaved ParkingCarportStreet ParkingAssigned Roads AlleyAsphalt/Blacktop Roofing Comp ShinglePartial Tile Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 956 2 Bedroom Units Baths 4 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/RangeRefrigeratorWasher/DryerW/D HookupOther (See Remarks) Cooling Central A/CElectric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCarpetVinyl/Composition Heating ElectricGasIndividualCentral Interior Amenities UnfurnishedFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1200.00 2 Bedroom Units 4 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 57600.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 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 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street Glendale Ave & 7th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas UndergroundIndividual MeterSw Gas Gross Annual Sch Inc 57600.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional1031 ExchangeCtlNo Carry Operating Exp 1348.00 Other Income 0.00 Owner Pays WaterSewerTrashLandscaping Project Type DuplexFour Plex Sale Includes Land & BuildingPersonal Property Sewer Sewer - AvailableSewer - PublicSewer-In & Connected Source Of Financial Data Provided By OwnerOther (See Remarks) Tax Municipality Phoenix Taxes 1348.00 Tenant Pays ElectricGasCable Tv Totl Mnth Rntal Inc 4800.00 Vacancy Allowance 0.00 Water Master MeterCapIrrigation Zoning R1-10

    Listing courtesy of Platinum Living 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 2019-11-11T14:11:15.85.
     
    The Kenny Klaus Team | Keller Williams Integrity First
    2919 S. Ellsworth Rd., #133
    Mesa AZ, 85212