x
Seller Financing
Address
302 W Medlock Drive Phoenix, AZ
Price
$ 1,800,000
Property Attributes
  • MLS#5884687
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodBecker Add To Orangewood
  • Zip85013
  • Style
  • Year Built1960
  • Taxes4975
  • Price$ 1,800,000
  • Bedrooms17
  • Full Bathrooms17
  • Half Bathrooms0
  • Sqr Footage173
Listing Provided Courtesy Of:
West USA Realty
Property Description

Welcome to Rosecrest Garden Apartment Complex. Excellent Investment Property with 15 units, 3 buildings, cash flow, most units have been updated, NEW ROOF, long term tenants, block construction, and ample parking. Close to Camelback Village Square, Light-Rail, Bus Stop, downtown, Grand Canyon University, and Freeways. Each unit is separately metered for electricity and gas. Property covers cost of water, sewer, and trash collection. Meticulous desert landscape and well maintained units with many long term tenants.

Elementary School Middle School High School
Solano School Elementary School Osborn Middle School Central High School
Price History
2/18/2019 Listed $1,800,000

General Features

1 Bedroom Units: Avg Rent 750.00
2 Bedroom Units: Avg Rent 997.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Solano School
High School Central High School
Listing Status Active
Map Code/Grid N34
Middle School Osborn Middle School
Net Income 133256.00
New Financing 1031 Exchange, CTL, Seller May Carry
Owner Pays Water, Trash, Sewer
Property Type F
Public Remarks Welcome to Rosecrest Garden Apartment Complex. Excellent Investment Property with 15 units, 3 buildings, cash flow, most units have been updated, NEW ROOF, long term tenants, block construction
School District 038 - Madison Elementary District
Subdivision BECKER ADD TO ORANGEWOOD
Tenant Pays Electric, Cable TV, Gas
Type ER
Year Built 1960
Zoning Comm

Interior Features

1 Bedroom Units: # 1 Bedroom Units 13
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 13
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 2
Appliances Included Refrigerator
Cooling Central A/C, Window/Wall Unit, Electric Refrigeratd
Electric APS
Floors Ceramic Tile, Vinyl/Composition
Gas SW Gas
Heating Electric
Total Number of Units 15.00

Exterior Features

Sale Includes Land & Building
Complex Features No Pool
Const - Finish Painted
Covered Parking Spcs 11.00
Exterior Features Separate Storage
Lot Size Dimensions 18717
Parking 1 Space/Unit, Street Parking, Carport
Roof Comp Shingle
Sewer Sewer - Private
Total Parking Spcs 22.00
Water Master Meter

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85013

Price
AVG $1.38M
$1.8M
Taxes
AVG $3,821
$4,975
Visits
AVG 57
84
Year Built
AVG 1965
1960
Walkscore
AVG 72
74
Data Provided by Walkscore ® not using MLS data

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