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    5020 N 21ST Avenue

    Phoenix, AZ 85015
    • $640,000
    • STATUS: Active Under Contract
    • ON SITE: 19 days
    • MLS #: 6193957
    Under Contract
    UPDATED: 56 min ago
    $640,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:
    Area:

    School Information

    Description

    Solid multi-family value-add investment opportunity with 6 units in 2 buildings on over a half acre. 100% occupancy with stable tenants. Attractive unit mix. Under market rents. Some upgrades have been made however this property does have deferred maintenance. The large parcel offers potential to build additional units. Close proximity to Grand Canyon University in a strong rental area.

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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 2021-03-04T13:14:07.26.
    www.yosthomes.com/homes/114223232
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    5020 N 21ST Avenue Phoenix, AZ 85015

    • Price: $640,000
    • Status: Active Under Contract
    • Updated: 56 min ago
    • MLS #: 6193957
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1944
    Built
    Neighborhood:
    Camelback Gardens
    County:
    Maricopa
    Area:
    Phoenix
    High School:
    Central High School
    School District:
    068 - Alhambra Elementary District
    Property Description
    Solid multi-family value-add investment opportunity with 6 units in 2 buildings on over a half acre. 100% occupancy with stable tenants. Attractive unit mix. Under market rents. Some upgrades have been made however this property does have deferred maintenance. The large parcel offers potential to build additional units. Close proximity to Grand Canyon University in a strong rental area.
    Exterior Features

    Construction BlockFrame - Wood Construction Finish PaintedSidingStucco Covered Parking Spaces 0.00 Exterior Amenities Fenced Lot Size Dimensions 288' X 85' Parking Paved Parking Roads AsphaltCurb(S) & Gutter(S) Roofing Comp ShingleRolled

    Interior Features

    1 Bedroom Unit Avg Sq Ft 500 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 650 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 None Cooling Electric RefrigeratdWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 600.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 635.00 2 Bedroom Units 2 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 18629.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street 19th Ave & Camelback Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 37258.00 Hoa YN No Net Operating Income 25660.00 New Financing No Carry Operating Exp 1889.00 Other Income 0.00 Owner Pays GasWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 1889.00 Tenant Pays Other (See Remarks) UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.50 Water City Franchise Zoning R-3

    Listing courtesy of Century 21 Arizona Foothills.


    © 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 2021-03-04T13:14:07.26.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122