Homes for Sale in Arizona

1505 N 15th Avenue, Phoenix, AZ 85007 (MLS # 5951054)

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PRICE $567,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

Fully rented 4 plex in the heart of FQ historic district central Phoenix. Property has been remodeled and is individually metered for electric. All units have tile and central air conditioning. Leased laundry equipment. Rents have not been increased to market rents. Three one bedrooms at Unit 1: $875 Unit 2: $715 Unit 3: $649 Unit 4: $895 (2 bedroom). Good opportunity for an air B and B. Or to raise rents to market or great owner occupant. All facts and figures are approximate. Buyer verify all MLS information.

DAYS ON MARKET 100 LAST UPDATED 9/10/2019
YEAR BUILT 1925 COUNTY Maricopa
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Phoenix Union High School District (210)
Elementary School Kenilworth Elementary School
Grade School Phoenix Elementary District (001)
High School Central High School


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 3
1 BEDROOM UNITS: # BATHS 1
1 BEDROOM UNITS: AVG RENT 1000.00
1 BEDROOM UNITS: AVG SQFT 750
2 BEDROOM UNITS: # 2 BEDROOM UNITS 1
2 BEDROOM UNITS: # BATHS 0
2 BEDROOM UNITS: AVG RENT 1200.00
2 BEDROOM UNITS: AVG SQFT 900
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 F/S Oven/Range, Refrigerator
COMMUNITY AMENITIES No Pool
CONST - FINISH Painted, Stucco
CONSTRUCTION Block
COOLING Electric Refrigeratd
COUNTY CODE Maricopa
ELECTRIC APS
ELEMENTARY SCHOOL Kenilworth Elementary School, Kenilworth Elementary School
FLOORS Vinyl/Composition, Wood
GAS SW Gas
HEATING Electric
HIGH SCHOOL Central High School, Central High School
INCOME & EXPENSES: ADJUSTED GROSS INC 49020.00
INCOME & EXPENSES: ANNUAL ELEC EXP 1200.00
INCOME & EXPENSES: ANNUAL GAS EXP 1100.00
INCOME & EXPENSES: ANNUAL INS EXP 1200.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 800.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 4000.00
INCOME & EXPENSES: ANNUAL MGMT EXP 2500.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 2100.00
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 1000.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 1500.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 50400.00
INCOME & EXPENSES: NET OPERATING INCOME 31250.00
INCOME & EXPENSES: OPERATING EXP 17500.00
INCOME & EXPENSES: OTHER INCOME 1200.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: TOTL MNTH RNTAL INC 4200.00
INCOME & EXPENSES: VACANCY ALLOWANCE 0.05
LEGAL INFO: LOT NUMBER 13
LEGAL INFO: RANGE 3E
LEGAL INFO: SECTION 6
LEGAL INFO: TOWNSHIP 1N
LOT SIZE DIMENSIONS IRR
MARKETING NAME 15th Ave Apartments
NEW FINANCING 1031 Exchange, Conventional, FHA
OWNER PAYS Sewer, Trash, Water
PARKING >1 Space Per Unit
PROJECT TYPE Four Plex
ROADS/STREETS Asphalt/Blacktop
ROOFING Comp Shingle
SALE INCLUDES Land & Building
SEWER Sewer - Public
SOURCE OF FINCL DATA Provided by Owner
STATUS - CONTINGENT No
TAX MUNICIPALITY Phoenix
TAXES 2100.00
TENANT PAYS Cable TV, Electric
TOTAL # OF UNITS 4.00
TOTAL PARKING SPCS 9.00
WATER City Franchise
ZONING R5

ZESTIMATE
$551906  1505 N 15th Avenue, Phoenix, AZ

RENT ZESTIMATE
$1425 / mo.  1505 N 15th Avenue, Phoenix, AZ

67 Somewhat Walkable



 
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Listed with Grace CRE
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Data last updated 10/19/19 6:34 PM PDT.