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4127 N 18TH Place

Phoenix, AZ 85016
  • $1,175,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 6390621
Price Reduced
UPDATED: 23 min ago
$1,175,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1943
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Income-producing fourplex in a great Central Phoenix location, ideally located next to SR 51 in a prime, rapidly growing corridor. Minutes to Biltmore shopping, Downtown Phoenix, Trader Joes & Whole Foods. Property includes a 2 bed 1 bath 850 SF cottage with washer/dryer and 400 SF studio in the front building, and two 1 bed 1 bath 550 SF units each with washer/dryer and dishwasher in the back building. Each unit has a private fenced courtyard, a newer HVAC still under warranty, and is individually metered for electric and gas with its own water heater. Off-street parking for four vehicles. Units have been well-maintained and consistently rent almost immediately for well above typical market rents. One unit is vacant making this ideal for an owner-occupant, and can be shown by appointment.

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© 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 2022-05-17T09:15:00.32.
www.yournextphoenixhome.com/homes/128154081
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4127 N 18TH Place Phoenix, AZ 85016

  • Price: $1,175,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 23 min ago
  • MLS #: 6390621
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1943
Built
Neighborhood:
Peters View Tract
County:
Maricopa
Area:
Phoenix
Elementary School:
Madison Camelview Elementary
Middle School:
Madison Park School
High School:
North High School
School District:
038 - Madison Elementary District
Property Description
Income-producing fourplex in a great Central Phoenix location, ideally located next to SR 51 in a prime, rapidly growing corridor. Minutes to Biltmore shopping, Downtown Phoenix, Trader Joes & Whole Foods. Property includes a 2 bed 1 bath 850 SF cottage with washer/dryer and 400 SF studio in the front building, and two 1 bed 1 bath 550 SF units each with washer/dryer and dishwasher in the back building. Each unit has a private fenced courtyard, a newer HVAC still under warranty, and is individually metered for electric and gas with its own water heater. Off-street parking for four vehicles. Units have been well-maintained and consistently rent almost immediately for well above typical market rents. One unit is vacant making this ideal for an owner-occupant, and can be shown by appointment.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFencedLandscape Wtr SystemPatio/Balcony Lot Size Dimensions 60 X 127 Parking 1 Space/UnitStreet Parking Roads ConcreteGravel Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 550 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 850 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 Bi Oven/RangeDishwasherDisposalRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)ElectricIndividual Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 1 Floors CarpetSealedWood Heating ElectricIndividualNatural Gas Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 1550.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 2000.00 2 Bedroom Units 1 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 75600.00 Annual Ins Exp 1280.00 Annual Landscape Exp 1200.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 2400.00 Community Amenities No Pool Cross Street Indian School & 20th St Efficiency Unit Avg Rent 1200.00 Efficiency Units 1 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 75600.00 Hoa YN No Net Operating Income 68959.00 New Financing ConventionalVa Operating Exp 6641.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 1761.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R-3

Listing provided by Realty One Group: (480) 315-1240.


© 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 2022-05-17T09:15:00.32.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206