725 W Mckinley Street

    Phoenix, AZ 85007
    • $629,500
    • STATUS: Active Under Contract
    • ON SITE: 17 days
    • MLS #: 6075172
    Under Contract
    UPDATED: 51 min ago
    $629,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Description

    Single family home style apartments with PRIVATE FRONT AND BACK YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $4730, $56,760 yearly. 9% Gross cap, 100% occupied. Tenant paid utilities on RUBS!! Just remodeled. New HVAC, new electrical panels, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Awesome unit mix of 1, 2bed x1 bath, 3, 1 bed x 1 bath, 2, This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more. Pet fees are quite low as well. P.S. the tenants love having there own private yards. Happy tenant mix.

    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 2020-05-25T15:12:15.313.
    www.yournextphoenixhome.com/homes/105635918

    725 W Mckinley Street Phoenix, AZ 85007

    • Price: $629,500
    • Status: Active Under Contract
    • Updated: 51 min ago
    • MLS #: 6075172
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1996
    Built
    Neighborhood:
    University Addition
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    066 - Roosevelt Elementary District
    Property Description
    Single family home style apartments with PRIVATE FRONT AND BACK YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $4730, $56,760 yearly. 9% Gross cap, 100% occupied. Tenant paid utilities on RUBS!! Just remodeled. New HVAC, new electrical panels, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Awesome unit mix of 1, 2bed x1 bath, 3, 1 bed x 1 bath, 2, This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more. Pet fees are quite low as well. P.S. the tenants love having there own private yards. Happy tenant mix.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 272 X 45 Parking >1 Space Per Unit Roads ConcreteDirtSidewalk(S) Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 480 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 600 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/RangeMicrowaveRefrigerator Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Ceiling Fan(S)Electric

    Property Features

    1 Bedroom Unit Avg Rent 1163.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1350.00 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 56760.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street Roosevelt7Th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 56760.00 Hoa YN No Net Operating Income 3873.00 New Financing ConventionalFhaVa Operating Exp 609.00 Other Income 0.00 Owner Pays Landscaping Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 609.00 Tenant Pays ElectricGasTrashWater UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water Master Meter Zoning R5

    Listing courtesy of Gentry Real Estate.


    © 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 2020-05-25T15:12:15.313.
     
    Brett Tanner Home Selling Team | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206