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    6801 N 17TH Avenue N

    Phoenix, AZ 85015
    • $1,870,000
    • STATUS: Closed
    • ON SITE: 246 days
    • MLS #: 6028452
    Sold - 03/05/2020
    $1,870,000
    SOLD - 03/05/2020
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1966
    County:
    Area:

    School Ratings & Info

    Description

    Seven of the units at Agave have gone through extensive interior renovations (approximately$25,000 per unit in capital expense). Additionally, the landscaping, windows,sliders, security gating andlighting systems have all been updated in 2019.Agave is located 0.25 miles from a Fry's-anchoredretail center and the Valley Metro Light Rail, 1.5mile from Abrazo CentralCampus and ChristownSpectrum Mall and centrally located between theI-17 Deer Valley Corridor, Camelback and CentralAvenue Corridor.New ownership will have the opportunity to renovate the remaining four classic units and bring them up to marketrents benefiting from a$250 renovation premium.Further, new ownership can incorporate a utilityrecapture of $35 per unit based on market comps.

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    © 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 2020-09-27T19:11:16.51.
    www.yournextphoenixhome.com/homes/102580828
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    6801 N 17TH Avenue N Phoenix, AZ 85015

    • Price: $1,980,000
    • Status: Closed
    • Updated: 35 min ago
    • MLS #: 6028452
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1966
    Built
    Neighborhood:
    Maryland Sands 1 Lots 11-34
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    Seven of the units at Agave have gone through extensive interior renovations (approximately$25,000 per unit in capital expense). Additionally, the landscaping, windows,sliders, security gating andlighting systems have all been updated in 2019.Agave is located 0.25 miles from a Fry's-anchoredretail center and the Valley Metro Light Rail, 1.5mile from Abrazo CentralCampus and ChristownSpectrum Mall and centrally located between theI-17 Deer Valley Corridor, Camelback and CentralAvenue Corridor.New ownership will have the opportunity to renovate the remaining four classic units and bring them up to marketrents benefiting from a$250 renovation premium.Further, new ownership can incorporate a utilityrecapture of $35 per unit based on market comps.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 11.00 Exterior Amenities Desert LandscapingPartially FencedSecurity Light(S) Lot Size Dimensions 181 X 150 Parking Paved ParkingCarport>1 Space Per Unit Roads AsphaltSidewalk(S) Roofing Foam

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 945 2 Bedroom Units Baths 2 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/RangeRefrigeratorDishwasherDisposalMicrowaveWasher/Dryer Cooling Central A/CIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other (See Remarks)Vinyl/Composition Heating IndividualCeiling Fan(S) Interior Amenities UnfurnishedVertical BlindsFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1179.00 2 Bedroom Units 11 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 147915.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 3600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1650.00 Annual Legal And Acctg 2640.00 Annual Maint Exp 5500.00 Annual Mgmt Exp 8696.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 2200.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 11946.00 Community Amenities No Pool Cross Street Glendale Ave And 17th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 155700.00 Hoa YN No Net Operating Income 102323.00 New Financing Other (See Remarks) Operating Exp 40582.00 Other Income 0.00 Owner Pays WaterSewerTrash Collection Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Phoenix Taxes 4350.00 Tenant Pays Electric Vacancy Allowance 0.05 Water Master Meter Zoning R-4

    Listing courtesy of Platinum Living Realty.


    © 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 2020-09-27T19:11:16.51.
     
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    Brett Tanner Home Selling Team | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206