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8122 N 33RD Avenue

Phoenix, AZ 85051
  • $750,000
  • STATUS: Pending
  • ON SITE: 16 Days
  • MLS #: 6323730
Pending
UPDATED: 17 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:
Area:

School Information

Description

Stable, well-performing 4-plex in established N. Phx neighborhood close to I-17 freeway, light rail access, GCU, ASU West, and potential redevelopment projects at Metrocenter. Newer stucco building with (1) 3bed/2bath, (3) 2bed/1bath units and 4 garage spots, with a private yard for the main unit. Full renovation to the main 3/2 unit w/modern decor, along with many updates to the remaining 2/1 units. On-site laundry (2 washers/2 dryers) and all units indiv metered for electric (tenant paid). Property is in great condition with over $120k invested in renovations/improvements including new roof, dual-pane windows throughout, and new irrig. system. Main unit is vacant so property could qualify for FHA loan, all other units are MTM. Gross rents around $52000/yr with plenty of room for increase

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© 2021 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 2021-12-07T18:11:16.523.
www.yournextphoenixhome.com/homes/123449196
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8122 N 33RD Avenue Phoenix, AZ 85051

  • Price: $750,000
  • Status: Pending
  • On Site: 16 Days
  • Updated: 17 min ago
  • MLS #: 6323730
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
Northern Lanai Unit 1
County:
Maricopa
Area:
Phoenix
Elementary School:
Alta Vista Elementary School
Middle School:
Palo Verde Middle School
High School:
Cortez High School
School District:
006 - Washington Elementary District
Property Description
Stable, well-performing 4-plex in established N. Phx neighborhood close to I-17 freeway, light rail access, GCU, ASU West, and potential redevelopment projects at Metrocenter. Newer stucco building with (1) 3bed/2bath, (3) 2bed/1bath units and 4 garage spots, with a private yard for the main unit. Full renovation to the main 3/2 unit w/modern decor, along with many updates to the remaining 2/1 units. On-site laundry (2 washers/2 dryers) and all units indiv metered for electric (tenant paid). Property is in great condition with over $120k invested in renovations/improvements including new roof, dual-pane windows throughout, and new irrig. system. Main unit is vacant so property could qualify for FHA loan, all other units are MTM. Gross rents around $52000/yr with plenty of room for increase
Exterior Features

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Cable Tv AvailableGreen LandscapingLandscape Wtr SystemPatio/BalconySeparate Storage Lot Size Dimensions Irr 9382 Parking >1 Space Per UnitAdd'l Parking AvailAttachedAuto Door OpenerGaragePaved ParkingStreet Parking Roads AlleyAsphaltSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 892 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1109 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Central A/CElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl Heating ElectricHeat Pump Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 909.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 1600.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 50873.76 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1292.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 440.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2007.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 1860.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 3634.00 Community Amenities No Pool Cross Street 35th Ave & Northern Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 51912.00 Hoa YN Yes Net Operating Income 39447.00 New Financing 1031 ExchangeConventionalFhaVa Operating Exp 11391.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & BuildingLaundry EquipmentPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Status Update Multiple Offers Recd Tax Municipality Phoenix Taxes 2158.00 Tenant Pays Electric Vacancy Allowance 0.02 Water City FranchiseMaster Meter Zoning R-4

Listing courtesy of Homesmart.


© 2021 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 2021-12-07T18:11:16.523.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206