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    2442 E Monroe Street

    Phoenix, AZ 85034
    • $569,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 6171492
    UPDATED: 64 min ago
    $569,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    GREAT CAP RATE , ALL UNITS RENTED, low vacancy area!! Tri-plex and a duplex on one lot. Fantastic location walking distance to the light rail, close to the airport and downtown Phoenix. All leases include 6% rental increases. Each unit has been updated with new paint, refinished cabinets and ceramic tile and laminate flooring, new counters with tile backsplash and tiled showers. This property is individually metered for electric. Duplex has brand new a/c units and brand new windows!!Lots of investor development in this booming area! Put in an offer today!

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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 2021-02-27T13:14:34.16.
    www.yosthomes.com/homes/112621795
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    2442 E Monroe Street Phoenix, AZ 85034

    • Price: $569,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 6171492
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    Hialeah
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    007 - Wilson Elementary District
    Property Description
    GREAT CAP RATE , ALL UNITS RENTED, low vacancy area!! Tri-plex and a duplex on one lot. Fantastic location walking distance to the light rail, close to the airport and downtown Phoenix. All leases include 6% rental increases. Each unit has been updated with new paint, refinished cabinets and ceramic tile and laminate flooring, new counters with tile backsplash and tiled showers. This property is individually metered for electric. Duplex has brand new a/c units and brand new windows!!Lots of investor development in this booming area! Put in an offer today!
    Exterior Features

    Construction BlockFrame - Wood Construction Finish PaintedSidingStucco Covered Parking Spaces 0.00 Exterior Amenities Fenced Lot Size Dimensions 7754 Parking 1 Space/Unit Roads DirtGravel Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 480 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 821 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 F/S Oven/RangeRefrigerator Cooling Central A/C Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 1 Floors Concrete Heating Electric Interior Amenities Fire/Smoke Alarm(S)Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 800.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 950.00 2 Bedroom Units 1 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 48012.00 Annual Ins Exp 1468.00 Annual Maint Exp 700.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 3473.18 Community Amenities No Pool Cross Street 24th St & Van Buren Efficiency Unit Avg Rent 650.00 Efficiency Units 1 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 48012.00 Hoa YN No Net Operating Income 40320.82 New Financing ConventionalFhaNo CarryVa Operating Exp 7691.18 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 2050.00 Tenant Pays Cable TvElectric Totl Mnth Rntal Inc 4001.00 Vacancy Allowance 0.00 Water City Franchise Zoning R4

    Listing courtesy of Open House Realty.


    © 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 2021-02-27T13:14:34.16.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122