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3224 W Madison Street

Phoenix, AZ 85009
  • $2,600,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 6390979
UPDATED: 45 min ago
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix, the property features (20) 2 bed / 1 bath units that average 573sf.Inside, the units were extensively remodeled in 2008 with all new kitchen cabinets, marble counter tops and all new copper plumbing.iiOn the exterior, the roof and air conditioning units were replaced. Fenced courtyards provide a private and secure area for the tenants to use. Each unit has 1 parking space.The property is individually metered for electricity. Gas and water/sewer/trash are master metered.

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Arizona Regional MLS logo© 2022 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 2022-09-24T18:15:57.267.
www.yournextphoenixhome.com/homes/128172104
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3224 W Madison Street Phoenix, AZ 85009

  • Price: $2,600,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 45 min ago
  • MLS #: 6390979
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Wormsers Addition Block 4
County:
Maricopa
Area:
Phoenix
School District:
021 - Murphy Elementary District
Property Description
iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix, the property features (20) 2 bed / 1 bath units that average 573sf.Inside, the units were extensively remodeled in 2008 with all new kitchen cabinets, marble counter tops and all new copper plumbing.iiOn the exterior, the roof and air conditioning units were replaced. Fenced courtyards provide a private and secure area for the tenants to use. Each unit has 1 parking space.The property is individually metered for electricity. Gas and water/sewer/trash are master metered.
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPartially Fenced Lot Size Dimensions Unknown Parking 1 Space/UnitStreet Parking Roads Asphalt Roofing Other (See Remarks)

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 573 2 Bedroom Units Baths 20 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/RangeRefrigerator Cooling Ceiling Fan(S)Central A/CElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteOther Heating ElectricIndividual Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 714.00 2 Bedroom Units 20 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 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 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 Washington And 33rd Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Master MeterSw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Affordable HousingOther (See Remarks) Operating Exp 2810.00 Other Income 0.00 Other Type Packaged Offering Owner Pays GasLandscapingSewerTrash CollectionWater Project Type 13 - 24 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 2810.00 Tenant Pays Cable TvElectric Totl Mnth Rntal Inc 0.00 Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R-5

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Arizona Regional MLS logo© 2022 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 2022-09-24T18:15:57.267.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206