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2849 E Grandview Road

Phoenix, AZ 85032
  • $650,000
  • STATUS: Active
  • ID#: 6266641
UPDATED: 116 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

School District:

Description

Newer Roof & A/C! New Doors; Dual Pane Windows; Bathrooms remodeled in 2010; Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring Large 2/1 units with ~882sf ea. Private Patios! No HOA; Seasoned Tenants paying below market rents; Median rents in area are $1050/mo. All tenants have been there between 3 - 10 yrs. Pro-Forma P&L: Rents $1050 * 4 units * 12 months = $50,400 / Insurance ($1382); Taxes ($1283) 2020 Final; Water, Sewer, Trash ($4560); Maintenance ($2000) estimate; House Lights; = Net Cash Flow $41,175.

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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 AZ Power Team | Realty One Group Integrity. Data last updated 2021-07-29T00:13:07.353.
www.tucsonrealestate.net/homes/119466883
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2849 E Grandview Road Phoenix, AZ 85032

  • Price: $650,000
  • Status: Active
  • Updated: 116 min ago
  • ID#: 6266641
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
County:
Maricopa
Area:
Phoenix
School District:
000 - Out of Area
Property Description
Newer Roof & A/C! New Doors; Dual Pane Windows; Bathrooms remodeled in 2010; Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring Large 2/1 units with ~882sf ea. Private Patios! No HOA; Seasoned Tenants paying below market rents; Median rents in area are $1050/mo. All tenants have been there between 3 - 10 yrs. Pro-Forma P&L: Rents $1050 * 4 units * 12 months = $50,400 / Insurance ($1382); Taxes ($1283) 2020 Final; Water, Sewer, Trash ($4560); Maintenance ($2000) estimate; House Lights; = Net Cash Flow $41,175.
Exterior Features

Construction Other (See Remarks) Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions Irr Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 882 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 F/S Oven/Range Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl/Composition Heating Electric

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 625.00 2 Bedroom Units 4 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 48000.00 Annual Gas Exp 0.00 Annual Land Lse Exp 0.00 Annual Legal And Acctg 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Community Amenities No Pool Cross Street Greenway Parkway & 32nd St Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 48000.00 Hoa YN No Net Operating Income 38235.00 New Financing ConventionalFha Operating Exp 1283.00 Other Income 0.00 Owner Pays LandscapingSewerWaterTrash Collection Project Type Four Plex Sale Includes Building(S) OnlyLand & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 1283.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.00 Water City Franchise Zoning Mf

Listing courtesy of United Southwest Realty.


© 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 AZ Power Team | Realty One Group Integrity. Data last updated 2021-07-29T00:13:07.353.
 
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