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1514 W Sherman Street

Phoenix, AZ 85007
  • $425,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 6264987
UPDATED: 77 min ago
$425,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1946
County:
Area:

School Ratings & Info

Description

Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.

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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 2021-10-18T18:12:14.57.
www.yournextphoenixhome.com/homes/119358867
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1514 W Sherman Street Phoenix, AZ 85007

  • Price: $425,000
  • Status: Active
  • Updated: 77 min ago
  • MLS #: 6264987
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1946
Built
Neighborhood:
North Steve Rayburn Subdivision
County:
Maricopa
Area:
Phoenix
School District:
001 - Phoenix Elementary District
Property Description
Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.
Exterior Features

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 7080 Sqft Parking 1 Space/UnitFree Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 488 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 Refrigerator Cooling ElectricWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricWindow/Wall Unit(S)

Property Features

1 Bedroom Unit Avg Rent 983.00 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 33630.00 Annual Elec Exp 1000.00 Annual Ins Exp 1200.00 Annual Landscape Exp 900.00 Annual Maint Exp 1500.00 Annual Mgmt Exp 2690.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 500.00 Annual Wtr Swr Exp 1500.00 Community Amenities No Pool Cross Street 17th Ave And Grand Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 35400.00 Hoa YN No Net Operating Income 23974.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 9656.00 Other Income 0.00 Other Type House + Rental Units Owner Pays LandscapingOtherSewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 366.00 Tenant Pays ElectricOther (See Remarks) Totl Mnth Rntal Inc 2950.00 Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning R-3

Listing courtesy of Get Multifamily.


© 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 2021-10-18T18:12:14.57.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206