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3205 E Earll Drive , #7

Phoenix, AZ 85018
  • $1,895,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 6473943
UPDATED: 109 min ago
$1,895,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Description

Arcadia Lite 8 Unit Condo-Mapped w/8 APN #'s will allow the future owner Multiple Exit Strategies to Maximize the Investors Return. There is no HOA. Great Unit Mix of Six 2 Bedroom Units & Two 1 Bedroom Units!They are Individually-Metered and many owners in the area are now charging back the water billing for additional income! Three of the eightunits have been renovated (new flooring, appliances, countertops, cabinets, fixtures, new bathroom and stackable washer/dryer). New owner can add stackable washer/dryer to every unit and with further improvements can dramatically increase the total income!

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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/133727728
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3205 E Earll Drive , #7 Phoenix, AZ 85018

  • Price: $1,895,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 109 min ago
  • MLS #: 6473943
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Bonitas Casas Condominiums
County:
Maricopa
Area:
Phoenix
Elementary School:
Creighton Elementary School
School District:
014 - Creighton Elementary District
Property Description
Arcadia Lite 8 Unit Condo-Mapped w/8 APN #'s will allow the future owner Multiple Exit Strategies to Maximize the Investors Return. There is no HOA. Great Unit Mix of Six 2 Bedroom Units & Two 1 Bedroom Units!They are Individually-Metered and many owners in the area are now charging back the water billing for additional income! Three of the eightunits have been renovated (new flooring, appliances, countertops, cabinets, fixtures, new bathroom and stackable washer/dryer). New owner can add stackable washer/dryer to every unit and with further improvements can dramatically increase the total income!
Exterior Features

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 8.00 Exterior Amenities Desert LandscapingPartially FencedPatio/BalconySecurity Light(S) Lot Size Dimensions 84'X182' Parking >1 Space Per UnitCarport Roads Asphalt Roofing Built-UpTile

Interior Features

1 Bedroom Unit Avg Sq Ft 724 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 804 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 DishwasherDisposalF/S Oven/RangeRefrigeratorW/D Hookup Cooling Ceiling Fan(S)Heat PumpIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Heat PumpIndividual Interior Amenities Fire Sprinklers

Property Features

1 Bedroom Unit Avg Rent 1500.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 1600.00 2 Bedroom Units 6 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 143640.00 Annual Elec Exp 1614.00 Annual Gas Exp 0.00 Annual Ins Exp 1988.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 369.00 Annual Maint Exp 3438.00 Annual Mgmt Exp 9072.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 2000.00 Annual Trash Exp 1848.00 Annual Wtr Swr Exp 3840.00 Community Amenities No Pool Cross Street 32nd St And Indian School Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 151200.00 Hoa YN No Net Operating Income 113167.00 New Financing ConventionalNo Carry Operating Exp 30473.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 5104.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.05 Water City Franchise Zoning R-4

Arizona Regional MLS logo Listing provided by Keller Williams Arizona Realty: [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