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    526 W Culver Street

    Phoenix, AZ 85003
    • $1,600,000
    • STATUS: Active
    • ID#: 6298571
    UPDATED: 64 min ago
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    THE CULVER 6 is a newly renovated 6 unit multifamily complex with (4) 1- Bedroom/1-bath units and (2) Casita style Studios in the Roosevelt Historic District. Originally constructed in 1928,All structures were taken down to the studs and redesigned. New electric panels, plumbing, sewer line, roof, A/C and tankless water heaters. All units have new custom cabinets, granite countertops, dual pane windows, flooring, stainless steel appliances, washer/dryers and resort style bathroom finishes. The one bedroom units have 14ft ceilings. The Studios are custom designed with built in Murphy bed suites. The Culver 6 consists of 2,378 sq ft of rental space. Minutes away from downtown Phoenix and easy access to the I-10 freeway.

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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 2021-10-16T13:17:16.02.
    www.tucsonrealestate.net/homes/121780973
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    526 W Culver Street Phoenix, AZ 85003

    • Price: $1,600,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 6298571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1928
    Built
    Neighborhood:
    Kenilworth Blks 1-6
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Kenilworth Elementary School
    Middle School:
    Phoenix Coding Academy
    High School:
    Central High School
    School District:
    001 - Phoenix Elementary District
    Property Description
    THE CULVER 6 is a newly renovated 6 unit multifamily complex with (4) 1- Bedroom/1-bath units and (2) Casita style Studios in the Roosevelt Historic District. Originally constructed in 1928,All structures were taken down to the studs and redesigned. New electric panels, plumbing, sewer line, roof, A/C and tankless water heaters. All units have new custom cabinets, granite countertops, dual pane windows, flooring, stainless steel appliances, washer/dryers and resort style bathroom finishes. The one bedroom units have 14ft ceilings. The Studios are custom designed with built in Murphy bed suites. The Culver 6 consists of 2,378 sq ft of rental space. Minutes away from downtown Phoenix and easy access to the I-10 freeway.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 9425 Sqft Parking Add'l Parking AvailCarportFreePaved ParkingStreet Parking Roads AlleyAsphaltCurb(S) & Gutter(S)Sidewalk(S) Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 525 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Central A/C Efficiency Unit Avg Sq Ft 200 Efficiency Unit Baths 1 Floors Wood Heating ElectricIndividualNatural Gas Interior Amenities Mini BlindsOther (See Remarks)Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 1508.93 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 392342.40 Annual Elec Exp 0.00 Annual Gas Exp 672.00 Annual Ins Exp 4716.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 2475.00 Annual Legal And Acctg 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 4680.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1432.50 Annual Wtr Swr Exp 1432.00 Community Amenities No Pool Cross Street Mcdowell Rd & 7th Ave Efficiency Unit Avg Rent 1017.89 Efficiency Units 2 Electric ApsIndividual Meter Gas Sw Gas Gross Annual Sch Inc 98085.60 Hoa YN No Mobile Home Park Double Wide Spaces 0 Mobile Home Park Overnight Spaces 0 Mobile Home Park Oversize Spaces 0 Mobile Home Park Rv Spaces 0 Mobile Home Park Single Wide Spaces 0 Mobile Home Park Total Number Spaces 0 Net Operating Income 24198.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 19855.50 Other Income 0.00 Other Type Other (See Remarks) Owner Pays GasLandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 2448.00 Tenant Pays Electric UCB No Vacancy Allowance 5.00 Water City Franchise Zoning R-4

    Listing courtesy of Urbanity Properties.


    © 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 2021-10-16T13:17:16.02.
     
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