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    1322 W North Lane , #2

    Phoenix, AZ 85021
    • $449,900
    • STATUS: Pending
    • ON SITE: 28 Days
    • MLS #: 6295536
    Pending
    $449,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    Description

    This 1957 block-constructed single-level building has 2 two bedroom/one bath units. In excellent condition, both units were completely rehabbed. New appliances, fixtures, flooring, washer/dryer, covered patio and fenced in backyards, ETC. There is upside on the current rents. This is a great opportunity for an investor to purchase a stable, cash flowing, small apartment building in a great area. Tenants pay electric, water, sewer and trash.

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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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-10-17T00:17:50.32.
    www.yournextphoenixhome.com/homes/121565101
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    1322 W North Lane , #2 Phoenix, AZ 85021

    • Price: $449,900
    • Status: Pending
    • MLS #: 6295536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1957
    Built
    Neighborhood:
    Romine Estates Lot 1-22
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Washington Elementary School - Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    This 1957 block-constructed single-level building has 2 two bedroom/one bath units. In excellent condition, both units were completely rehabbed. New appliances, fixtures, flooring, washer/dryer, covered patio and fenced in backyards, ETC. There is upside on the current rents. This is a great opportunity for an investor to purchase a stable, cash flowing, small apartment building in a great area. Tenants pay electric, water, sewer and trash.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 2.00 Exterior Amenities Desert LandscapingFenced Lot Size Dimensions .17 Acres Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 775 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 Bi Oven/RangeRefrigeratorWasher/Dryer Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 974.00 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 22207.20 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1000.00 Annual Mgmt Exp 1332.00 Annual Other Expense 1500.00 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 Cross Street Peoria Ave And 15th Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 23376.00 Hoa YN No Net Operating Income 16619.00 New Financing Conventional Operating Exp 5588.00 Other Income 0.00 Owner Pays None Project Type Duplex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 556.00 Tenant Pays ElectricSewerTrashWater Vacancy Allowance 0.05 Water City Franchise Zoning M-M

    Listing courtesy of Blue Saguaro Commercial Realty, Llc.


    © 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 Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-10-17T00:17:50.32.
     
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    Elite Home Advisors | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206