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    1533 E Adams Street

    Phoenix, AZ 85034
    • $479,900
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 6215623
    UPDATED: 11 min ago
    $479,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    100% Occupied Four Plex on a large R-5 lot with ample parking in the rear and courtyard with the ability to create a private back yard for each unit. All units are 1 bedroom, 1 bath and and most of the units have interior laundry units in the water heater closet. Currently on one water meter with the adjacent four plex, a 2nd water meter can be added through the city of Phoenix for approximately $700. Tenants pay their own electric with the exception of one unit that is the owners responsibility through the Hom Inc contract. All units are currently occupied, combined monthly income is $2,877 which is below market average. Plenty of room to improve the rental income with revised lease agreements. Tenant occupied, drive by only please. Can be purchased individually or with 1529 E Adams St.

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    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-04-12T21:12:31.1.
    www.yosthomes.com/homes/115697515
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    1533 E Adams Street Phoenix, AZ 85034

    • Price: $479,900
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 6215623
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1983
    Built
    Neighborhood:
    Collins Addition Phoenix Blocks 23-26 17 & 27
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    000 - Out of Area
    Property Description
    100% Occupied Four Plex on a large R-5 lot with ample parking in the rear and courtyard with the ability to create a private back yard for each unit. All units are 1 bedroom, 1 bath and and most of the units have interior laundry units in the water heater closet. Currently on one water meter with the adjacent four plex, a 2nd water meter can be added through the city of Phoenix for approximately $700. Tenants pay their own electric with the exception of one unit that is the owners responsibility through the Hom Inc contract. All units are currently occupied, combined monthly income is $2,877 which is below market average. Plenty of room to improve the rental income with revised lease agreements. Tenant occupied, drive by only please. Can be purchased individually or with 1529 E Adams St.
    Exterior Features

    Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Lot Size Dimensions Irr Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 500 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 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 EvaporativeWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Gas

    Property Features

    1 Bedroom Unit Avg Rent 719.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 1540.00 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 1500.00 Community Amenities No Pool Cross Street 16th St. & Roosevelt Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 1540.00 Hoa YN No Net Operating Income 0.00 New Financing ConventionalFhaVa Operating Exp 2385.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 885.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 2877.00 Vacancy Allowance 0.00 Water City Franchise Zoning Apts

    Listing courtesy of Venture Rei, Llc.


    © 2021 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-04-12T21:12:31.1.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122