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1607 W Peoria Avenue

Phoenix, AZ 85029
  • $699,950
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 6491191
Price Reduced
UPDATED: 199 min ago
$699,950
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Ratings & Info

Description

Location, location, location!! Do not miss out on this extremely lucrative investment opportunity located on, Peoria Ave, one of the hottest rental markets Phoenix has to offer. Triplex now available in a highly desirable rental zone. Sellers have taken great pride in maintaining this building. The building has new exterior paint. Two units are 2bed/1bath and One unit is 1bed/1bath. Fully occupied with long-term tenants in place. Two-bedroom units pay $1295 and one-bedroom unit pays $1195. There is still room for rental increase. Units have Washer/Dryer hookups & separate yards. Duplex also available for sale two doors down - MLS # 6491193. Please reach out to obtain OM. Do not disturb tenants, drive by only.

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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/134941198
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1607 W Peoria Avenue Phoenix, AZ 85029

  • Price: $699,950
  • Status: Active
  • On Site: 72 Days
  • Updated: 199 min ago
  • MLS #: 6491191
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1967
Built
Neighborhood:
Skycrest
County:
Maricopa
Area:
Phoenix
Property Description
Location, location, location!! Do not miss out on this extremely lucrative investment opportunity located on, Peoria Ave, one of the hottest rental markets Phoenix has to offer. Triplex now available in a highly desirable rental zone. Sellers have taken great pride in maintaining this building. The building has new exterior paint. Two units are 2bed/1bath and One unit is 1bed/1bath. Fully occupied with long-term tenants in place. Two-bedroom units pay $1295 and one-bedroom unit pays $1195. There is still room for rental increase. Units have Washer/Dryer hookups & separate yards. Duplex also available for sale two doors down - MLS # 6491193. Please reach out to obtain OM. Do not disturb tenants, drive by only.
Exterior Features

Construction Brick Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFencedSeparate Storage Lot Size Dimensions 63.94 X 95.06 Parking >1 Space Per UnitStreet Parking Roads AlleyAsphaltConcreteSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 412 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 F/S Oven/Range Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileOther Heating Central

Property Features

1 Bedroom Unit Avg Rent 1195.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1295.00 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 43149.00 Annual Ins Exp 780.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 2040.00 Community Amenities No Pool Cross Street 7th Ave & Peoria Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Sw Gas Gross Annual Sch Inc 45420.00 Hoa YN No Net Operating Income 41975.00 New Financing 1031 ExchangeConventional Operating Exp 3445.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 625.00 Tenant Pays ElectricGas Vacancy Allowance 0.05 Water City Franchise Zoning [R-3] [M-M]

Arizona Regional MLS logo Listing provided by Better Homes & Gardens Real Estate Sj Fowler: [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
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