2837-2841 W Melvin Street

    Phoenix, AZ 85009
    • $625,000
    • STATUS: Active
    • ON SITE: 164 days
    • MLS #: 5818804
    UPDATED: 32 min ago
    $625,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    Lee & Associates is pleased to present the opportunity to acquire 2837-2841 W. Melvin Street. The 8 unit complex is comprised of (5) studios, (2) one bedroom units and (1) two bedroom unit. 2837-2841 W. Melvin Street consists of two block construction buildings and one wood-framed building, all single story with pitched asphalt shingle roofs. Individually metered All interiors have been upgraded within the last two years Faux wood laminate flooring in select units Two-tone paint scheme Replaced or repaired countertops Recently re-tiled showers and kitchen backsplash Quality plumbing/lighting fixtures New appliances in select units Security screen doors On-site laundry facility*Please call to receive Offering Memorandum.

    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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T10:11:09.843.
    www.yosthomes.com/homes/87405082

    2837-2841 W Melvin Street Phoenix, AZ 85009

    • Price: $625,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 5818804
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    Neighborhood:
    Willow Addition
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    005 - Isaac Elementary District
    Property Description
    Lee & Associates is pleased to present the opportunity to acquire 2837-2841 W. Melvin Street. The 8 unit complex is comprised of (5) studios, (2) one bedroom units and (1) two bedroom unit. 2837-2841 W. Melvin Street consists of two block construction buildings and one wood-framed building, all single story with pitched asphalt shingle roofs. Individually metered All interiors have been upgraded within the last two years Faux wood laminate flooring in select units Two-tone paint scheme Replaced or repaired countertops Recently re-tiled showers and kitchen backsplash Quality plumbing/lighting fixtures New appliances in select units Security screen doors On-site laundry facility*Please call to receive Offering Memorandum.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert Landscaping Lot Size Dimensions 100' X 130' Parking None Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 460 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 852 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 Other (See Remarks) Cooling Other (See Remarks) Efficiency Unit Avg Sq Ft 366 Efficiency Unit Baths 1 Floors Ceramic TileVinyl/Composition Heating Other (See Remarks) Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 675.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 716.00 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 58992.00 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 Efficiency Unit Avg Rent 570.00 Efficiency Units 5 Electric None Gas None Gross Annual Sch Inc 58992.00 Hoa YN No Net Operating Income 36594.00 New Financing Other (See Remarks) Operating Exp 1307.06 Other Income 0.00 Owner Pays Other (See Remarks) Project Type 5 - 12 Units Sale Includes Land & Building Sewer Other (See Remarks) Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1307.06 Tenant Pays Other (See Remarks) Totl Mnth Rntal Inc 4916.00 Vacancy Allowance 0.00 Water Other (See Remarks) Zoning R-4

    Listing courtesy of Lee & Associates.
    © 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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T10:11:09.843.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122