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1420 E Brown Street

Phoenix, AZ 85020
  • $815,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 6474344
UPDATED: 164 min ago
$815,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

Description

Are you looking for a 6.5% CAP rate? Ask today about current and projected rents for this 4Plex. These kind of properties are hard to find. Nestled between beautiful mountains on a quiet col de sac street, you will find 4 upgraded two bed one bath units. Each unit has been remodeled with tile throughout and new cabinets. The landscaping around the property is very low maintenance and there are two assigned parking spots per unit. Plenty of additional street parking as well. This location offers one of the most sought after high schools in Phoenix, Sunnyslope High. Many people move in to this district for the school alone. North Phoenix. There is one long term lease in place, one vacant unit and 2 expiring leases. Capitalize on this rare opportunity. Call now!

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Arizona Regional MLS logo© 2023 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 2023-02-02T00:42:37.33.
www.yournextphoenixhome.com/homes/133761691
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1420 E Brown Street Phoenix, AZ 85020

  • Price: $815,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 164 min ago
  • MLS #: 6474344
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Mountain Home Tract Lots 1 Thru 4 15 16 25 Thru 32
County:
Maricopa
Area:
Phoenix
Elementary School:
Sunridge Elementary School
High School:
Sunnyslope High School
School District:
001 - Phoenix Elementary District
Property Description
Are you looking for a 6.5% CAP rate? Ask today about current and projected rents for this 4Plex. These kind of properties are hard to find. Nestled between beautiful mountains on a quiet col de sac street, you will find 4 upgraded two bed one bath units. Each unit has been remodeled with tile throughout and new cabinets. The landscaping around the property is very low maintenance and there are two assigned parking spots per unit. Plenty of additional street parking as well. This location offers one of the most sought after high schools in Phoenix, Sunnyslope High. Many people move in to this district for the school alone. North Phoenix. There is one long term lease in place, one vacant unit and 2 expiring leases. Capitalize on this rare opportunity. Call now!
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert Landscaping Lot Size Dimensions 10747 Parking >1 Space Per UnitStreet Parking Roads AsphaltSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 840 2 Bedroom Units Baths 4 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 DisposalF/S Oven/RangeWasher/Dryer Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricHeat Pump Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 750.00 2 Bedroom Units 4 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 5684.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Peoria Ave./Cave Creek Rd. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 5600.00 Hoa YN No Net Operating Income 0.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 1247.00 Other Income 200.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1247.00 Tenant Pays Electric Vacancy Allowance 0.02 Water City Franchise Zoning R-3

Arizona Regional MLS logo Listing provided by Long Realty The Fox Group: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 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 2023-02-02T00:42:37.33.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206