4020 N 11th Street

    Phoenix, AZ 85014
    • $2,590,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 6030097
    UPDATED: 51 min ago
    $2,590,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    ''Welcome to 14 on Eleventh. This 2016 remodel sits atop 2 parcels in the heart of Phoenix, just a few blocks from the 7th Street Corridor, intersecting Indian School Rd. French doors lead to private yards or open to the resurfaced pool, grill, custom-built gazebo, fireside, and corn hole game. New windows, sandblasted brick, and a recently updated roof modernize this midcentury, garden-style gem. These all 2 bed/1bath include stackable washer/dryer, quartz countertops, subway backsplash tile, stainless steel appliances with ranges, and ceramic plank flooring. Each unit has a covered parking stall, and ample street parking is available. Individually metered for electric. A RUBS is incorporated into each lease ($25-50 per unit) for utility cost recovery. Market rents are $1250-1300.

    Monthly Payment Calculator



    © 2020 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 Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2020-02-24T23:11:12.487.
    www.yournextphoenixhome.com/homes/102746250

    4020 N 11th Street Phoenix, AZ 85014

    • Price: $2,590,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 6030097
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    008 - Osborn Elementary District
    Property Description
    ''Welcome to 14 on Eleventh. This 2016 remodel sits atop 2 parcels in the heart of Phoenix, just a few blocks from the 7th Street Corridor, intersecting Indian School Rd. French doors lead to private yards or open to the resurfaced pool, grill, custom-built gazebo, fireside, and corn hole game. New windows, sandblasted brick, and a recently updated roof modernize this midcentury, garden-style gem. These all 2 bed/1bath include stackable washer/dryer, quartz countertops, subway backsplash tile, stainless steel appliances with ranges, and ceramic plank flooring. Each unit has a covered parking stall, and ample street parking is available. Individually metered for electric. A RUBS is incorporated into each lease ($25-50 per unit) for utility cost recovery. Market rents are $1250-1300.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 14.00 Lot Size Dimensions 43065 Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle Total Parking Spaces 28.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 745 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/RangeRefrigerator Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Sealed Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1250.00 2 Bedroom Units 14 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 203740.80 Annual Elec Exp 3412.00 Annual Gas Exp 0.00 Annual Ins Exp 2461.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 5880.00 Annual Legal And Acctg 0.00 Annual Maint Exp 16000.00 Annual Mgmt Exp 6300.00 Annual Other Expense 4275.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 7000.00 Annual Trash Exp 2626.00 Annual Wtr Swr Exp 7140.00 Community Amenities Pool(S) Cross Street 11th St And Indian School Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Other (See Remarks) Gross Annual Sch Inc 210000.00 Hoa YN No Net Operating Income 148646.00 New Financing Conventional1031 ExchangeCtlNo Carry Operating Exp 59369.00 Other Income 4464.00 Other Type Packaged Offering Owner Pays WaterTrash CollectionLandscapingPool/Spa Maintenance Project Type 13 - 24 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 4275.00 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 17500.00 Vacancy Allowance 0.05 Water City Franchise Zoning Multifamily

    Listing courtesy of Grace Cre.


    © 2020 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 Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2020-02-24T23:11:12.487.
     
    Brett Tanner Home Selling Team | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206