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4811 N 15TH Avenue

Phoenix, AZ 85015
  • $3,375,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 6520326
UPDATED: 41 min ago
$3,375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

Palm Square Apartments (4811 - 4815 N 1th Avenue) is a 18-unit garden-style property, consisting of (6) studios, (10) one-bedroom / one-bathroom units, (1) two-bedroom / one-bathroom unit, and (1) two-bedroom / one-and-a-half-bath unit. Palm Square Apartments was built in 1958 and has undergone heavy renovations. Fifteen of the eighteen units have been fully renovated with in-suite washer and dryers. The renovations include brand new electrical wiring and panels, stainless steel appliances, cabinets, flooring, windows, and more. Tenants have ample covered parking located on the backside of the property as well as a brand new parking lot.

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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 2023-03-25T12:14:43.42.
www.yournextphoenixhome.com/homes/136980564
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4811 N 15TH Avenue Phoenix, AZ 85015

  • Price: $3,375,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 41 min ago
  • MLS #: 6520326
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Cox Estates 2
County:
Maricopa
Area:
Phoenix
Property Description
Palm Square Apartments (4811 - 4815 N 1th Avenue) is a 18-unit garden-style property, consisting of (6) studios, (10) one-bedroom / one-bathroom units, (1) two-bedroom / one-bathroom unit, and (1) two-bedroom / one-and-a-half-bath unit. Palm Square Apartments was built in 1958 and has undergone heavy renovations. Fifteen of the eighteen units have been fully renovated with in-suite washer and dryers. The renovations include brand new electrical wiring and panels, stainless steel appliances, cabinets, flooring, windows, and more. Tenants have ample covered parking located on the backside of the property as well as a brand new parking lot.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 16.00 Exterior Amenities Landscape Wtr System Lot Size Dimensions 121.29X116.50X121.60X116.69 Parking 1 Space/UnitAssignedCarport Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 450 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 DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorW/D HookupWasher/Dryer Cooling ElectricIndividual Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 1 Floors Vinyl Heating CentralElectric Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 1250.00 1 Bedroom Units 10 2 Bedroom Unit Avg Rent 1550.00 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 272637.65 Annual Ownr Asoc Fee 0.00 Community Amenities BarbecueNo Pool Efficiency Unit Avg Rent 1100.00 Efficiency Units 6 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 267540.00 Hoa YN No Net Operating Income 200414.00 New Financing Conventional Operating Exp 2028.00 Other Income 19447.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type 13 - 24 Units5 - 12 Units Sale Includes Building(S) OnlyLand & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 2028.00 Tenant Pays ElectricGas Vacancy Allowance 0.05 Water City Franchise Zoning R-4

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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 2023-03-25T12:14:43.42.
 
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