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    4607 S 16TH Street

    Phoenix, AZ 85040
    • $1,100,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 6185550
    $1,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    Centrally located in South Phoenix's Ever Growing and Revitalized Neighborhood. A Spectacular opportunity to invest in this lucrative and one of kind 10 unit property. 8 1bd/1bth and 2 studios. Multiple upgrades from the inside out. New plumbing, new electrical, fresh interior and exterior paint, new roof, remodeled bathrooms and much more! Rents are below market, giving you ample room to grow. Tenants Rights. Please do not disturb tenants. Property is being sold As-Is.

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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 2021-02-25T00:11:37.217.
    www.yosthomes.com/homes/113965098
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    4607 S 16TH Street Phoenix, AZ 85040

    • Price: $1,100,000
    • Status: Active
    • MLS #: 6185550
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    Chief Jackson
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    066 - Roosevelt Elementary District
    Property Description
    Centrally located in South Phoenix's Ever Growing and Revitalized Neighborhood. A Spectacular opportunity to invest in this lucrative and one of kind 10 unit property. 8 1bd/1bth and 2 studios. Multiple upgrades from the inside out. New plumbing, new electrical, fresh interior and exterior paint, new roof, remodeled bathrooms and much more! Rents are below market, giving you ample room to grow. Tenants Rights. Please do not disturb tenants. Property is being sold As-Is.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFencedSecurity Light(S) Lot Size Dimensions 12261 Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 550 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 Central A/C Efficiency Unit Avg Sq Ft 450 Efficiency Unit Baths 1 Floors Ceramic TileOther (See Remarks) Heating CentralElectric

    Property Features

    1 Bedroom Unit Avg Rent 737.50 1 Bedroom Units 8 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 82365.00 Annual Elec Exp 458.80 Annual Ins Exp 2927.04 Annual Landscape Exp 0.00 Annual Maint Exp 3569.82 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 3435.16 Annual Wtr Swr Exp 4322.21 Community Amenities No Pool Cross Street Broadway And 16th St Efficiency Unit Avg Rent 662.00 Efficiency Units 2 Electric Srp Gas None Gross Annual Sch Inc 86700.00 Hoa YN No Net Operating Income 64953.97 New Financing Conventional Operating Exp 17755.03 Other Income 0.00 Owner Pays ElectricLandscapingSee RemarksSewerTrash CollectionWater Payment Includes InsurancePrincipalTaxes Project Type 5 - 12 Units Sale Includes Land & BuildingPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 3042.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.05 Water City Franchise Zoning R-5

    Listing courtesy of Liz Harris 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 2021-02-25T00:11:37.217.
     
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    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122