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5225 N 23RD Avenue

Phoenix, AZ 85015
  • $450,000
  • STATUS: Pending
  • ON SITE: 31 days
  • MLS #: 6237214
Pending
UPDATED: 109 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Ratings & Info

Description

Triplex in the Heart of Central Phoenix, all individual bungalows perfect for the high rental demand area. Each bungalow is private to feel like individual homes rather than apartments and the complex has an empty lot in the backyard that offers options. Solid neighborhood near GCU and has been recognized as rapid appreciation. 2 of the 3 units are leased, the vacant one was recently remodeled in 2021, now move in ready and can be rented traditionally or student housing. Owner has professionally-managed. Tenants pay utilities, units have separate HVAC split systems with tenants paying own electric. Property is on one water meter but tenants are back billed. Each unit has private parking and private patios. All units share the same floor plan, contact to view the vacant unit.Showings in escrow, please do not bother the tenants. Pro forma rents $850+/unit. Buyer to complete/rely on own due diligence.

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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 2021-06-18T00:14:36.607.
www.yosthomes.com/homes/117308565
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5225 N 23RD Avenue Phoenix, AZ 85015

  • Price: $450,000
  • Status: Pending
  • Updated: 109 min ago
  • MLS #: 6237214
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1947
Built
Neighborhood:
Camelback Vista
County:
Maricopa
Area:
Phoenix
School District:
068 - Alhambra Elementary District
Property Description
Triplex in the Heart of Central Phoenix, all individual bungalows perfect for the high rental demand area. Each bungalow is private to feel like individual homes rather than apartments and the complex has an empty lot in the backyard that offers options. Solid neighborhood near GCU and has been recognized as rapid appreciation. 2 of the 3 units are leased, the vacant one was recently remodeled in 2021, now move in ready and can be rented traditionally or student housing. Owner has professionally-managed. Tenants pay utilities, units have separate HVAC split systems with tenants paying own electric. Property is on one water meter but tenants are back billed. Each unit has private parking and private patios. All units share the same floor plan, contact to view the vacant unit.Showings in escrow, please do not bother the tenants. Pro forma rents $850+/unit. Buyer to complete/rely on own due diligence.
Exterior Features

Construction BlockFrame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPatio/Balcony Lot Size Dimensions 9330 Parking 1 Space/UnitAssigned Roads ConcretePrivate Street Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 484 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 Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities UnfurnishedVertical Blinds

Property Features

1 Bedroom Unit Avg Rent 800.00 1 Bedroom Units 3 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 0.00 Annual Mgmt Exp 2000.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street 23rd Ave & Camelback Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing 1031 ExchangeConventional Operating Exp 4226.00 Other Income 0.00 Owner Pays Landscaping Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Special Owner/Agent Tax Municipality Phoenix Taxes 2226.00 Tenant Pays ElectricGasWater Vacancy Allowance 0.02 Water City FranchiseMaster Meter Zoning R1-6

Listing courtesy of Stunning Homes 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 2021-06-18T00:14:36.607.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122