Homes for Sale in Arizona

811 E Carol Avenue, Phoenix, AZ 85020 (MLS # 5906308)

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PRICE $372,500
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

Here's a great opportunity for an investor to purchase a low maintenance four-plex with an operating cap rate of 6.70, and there is more room to raise rents. The construction is block, roof was replaced in 2011, each unit individually metered for electric & gas, washer & dryer in each unit (two of which are brand new). The courtyard has mature Ash trees providing a relaxing atmosphere with much needed summer shade. The building consists of three one bedroom units and one 2 bedroom unit. Buyer is responsible to verify all facts, figures prior to close of escrow.

DAYS ON MARKET 9 LAST UPDATED 4/23/2019
YEAR BUILT 1981 COUNTY Maricopa
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Glendale Union High School District (205)
Elementary School Sunnyslope Elementary School
Grade School Washington Elementary District (006)
Jr. High School Sunnyslope Elementary School
High School Sunnyslope Elementary School

PRICE HISTORY
Prior to Apr 23, '19 $375,000
Apr 23, '19 - Today $372,500


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 3
1 BEDROOM UNITS: # BATHS 1
1 BEDROOM UNITS: AVG RENT 625.00
1 BEDROOM UNITS: AVG SQFT 493
2 BEDROOM UNITS: # 2 BEDROOM UNITS 1
2 BEDROOM UNITS: # BATHS 1
2 BEDROOM UNITS: AVG RENT 750.00
2 BEDROOM UNITS: AVG SQFT 662
3 BEDROOMS UNITS: # 3 BEDROOM UNITS 0
3 BEDROOMS UNITS: # BATHS 0
3 BEDROOMS UNITS: AVG RENT 0.00
3 BEDROOMS UNITS: AVG SQFT 0
4 BEDROOMS UNITS: # 4 BEDROOM UNITS 0
4 BEDROOMS UNITS: # BATHS 0
4 BEDROOMS UNITS: AVG RENT 0.00
4 BEDROOMS UNITS: AVG SQFT 0
APPLIANCES INCLUDED Dishwasher, Disposal, F/S Oven/Range, Refrigerator, Washer/Dryer
COMMUNITY AMENITIES No Pool, Play Area
CONST - FINISH Painted
CONSTRUCTION Block
COOLING Electric Refrigeratd
COUNTY CODE Maricopa
ELECTRIC APS
ELEMENTARY SCHOOL Sunnyslope Elementary School, Sunnyslope Elementary School
EXTERIOR AMENITIES Cable TV Available, Fenced, Green Landscaping, Landscape Wtr System, Partially Fenced, Security Light(s), Separate Storage
FLOORS Carpet, Vinyl/Composition
GAS SW Gas
HEATING Gas
HIGH SCHOOL Sunnyslope Elementary School, Sunnyslope Elementary School
INCOME & EXPENSES: ADJUSTED GROSS INC 31185.00
INCOME & EXPENSES: ANNUAL ELEC EXP 0.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 1150.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 900.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 600.00
INCOME & EXPENSES: ANNUAL MGMT EXP 0.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 0.00
INCOME & EXPENSES: ANNUAL OWNR ASOC FEE 0.00
INCOME & EXPENSES: ANNUAL PAD FEE 0.00
INCOME & EXPENSES: ANNUAL RPLCMNT RSRVS 0.00
INCOME & EXPENSES: ANNUAL TRASH EXP 400.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 2100.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 31500.00
INCOME & EXPENSES: NET OPERATING INCOME 25161.00
INCOME & EXPENSES: OPERATING EXP 6339.00
INCOME & EXPENSES: OTHER INCOME 0.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: TOTL MNTH RNTAL INC 2625.00
INCOME & EXPENSES: VACANCY ALLOWANCE 0.01
INTERIOR AMENITIES Fire/Smoke Alarm(s)
JR. HIGH SCHOOL Sunnyslope Elementary School
LEGAL INFO: LOT NUMBER 0
LEGAL INFO: RANGE 3E
LEGAL INFO: SECTION 28
LEGAL INFO: TOWNSHIP 3N
LOT SIZE DIMENSIONS 66X130
MARKETING NAME Carol Ave Four-Plex
NEW FINANCING Conventional, FHA, No Carry, VA
OWNER PAYS Landscaping, Sewer, Trash, Water
PARKING >1 Space Per Unit, Free, Street Parking
PAYMENT INCLUDES Interest, Principal
PROJECT TYPE Four Plex
ROADS/STREETS Asphalt/Blacktop
ROOFING Comp Shingle
SALE INCLUDES Land & Building, Laundry Equipment, Personal Property
SEWER Sewer - Public
SOURCE OF FINCL DATA Books Shwn Accpt Ofr, Projected Proforma, Provided by Owner
TAX MUNICIPALITY Phoenix
TAXES 1189.00
TENANT PAYS Cable TV, Electric, Gas
TOTAL # OF UNITS 4.00
TOTAL PARKING SPCS 5.00
WATER City Franchise
ZONING R-4

ZESTIMATE
$320375  811 E Carol Avenue, Phoenix, AZ

RENT ZESTIMATE
$1250 / mo.  811 E Carol Avenue, Phoenix, AZ

84 Very Walkable



 
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Data last updated 4/24/19 1:18 AM PDT.