Homes for Sale in Arizona

1105 E Butler Drive, Phoenix, AZ 85020 (MLS # 6038455)

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PRICE $1,097,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

This sale includes 8 units / Two 4 plexes on separate lots for easy residential financing. Additional property: 160-06-142-L (1111 E Butler Dr.) Located in Central Phoenix near the Phoenix Mountains Preserve, the I-51 freeway, and shopping, making it a trendy location with tenants and in the path of an ever-improving core. It is surrounded by mostly residential houses and beautiful scenery. Most of the units are very large (960 sf) 2 br. and 2 ba. units with lots of storage. Coin-op laundry for extra income. Easy care, low cost, desert landscaping. Lots of upgrades: newer kitchens, newer bathrooms, newer roofs, newer A/C units, fence, flooring +. 2 bonus landlord storage units. Many long term residents and LOTS of rent UPSIDE.

DAYS ON MARKET 39 LAST UPDATED 3/26/2020
TRACT New Northtown 2 YEAR BUILT 1972
COUNTY Maricopa STATUS Pending
PROPERTY TYPE(S) Multi Family

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

PRICE HISTORY
Prior to Feb 26, '20 $1,150,000
Feb 26, '20 - Today $1,097,000


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 3
1 BEDROOM UNITS: # BATHS 1
1 BEDROOM UNITS: AVG RENT 755.00
1 BEDROOM UNITS: AVG SQFT 660
2 BEDROOM UNITS: # 2 BEDROOM UNITS 5
2 BEDROOM UNITS: # BATHS 2
2 BEDROOM UNITS: AVG RENT 982.00
2 BEDROOM UNITS: AVG SQFT 960
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
COMMUNITY AMENITIES No Pool
CONST - FINISH Brick Trim/Veneer, Painted, Stucco
CONSTRUCTION Block, Frame - Metal, Frame - Wood
COOLING 2 or More Units, Heat Pump
COUNTY CODE Maricopa
ELECTRIC APS, Individual Meter
FLOORS Ceramic Tile, Vinyl/Composition
GAS Individual Meter, SW Gas
HEATING 2 or More Units, Ceiling Fan(s), Electric, Gas, Heat Pump, Individual
INCOME & EXPENSES: ADJUSTED GROSS INC 97970.00
INCOME & EXPENSES: ANNUAL ELEC EXP 1149.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 2100.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 0.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 1100.00
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 1624.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 2427.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 97800.00
INCOME & EXPENSES: NET OPERATING INCOME 92600.00
INCOME & EXPENSES: OPERATING EXP 12214.00
INCOME & EXPENSES: OTHER INCOME 3200.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: VACANCY ALLOWANCE 0.03
LEGAL INFO: LOT NUMBER K
LEGAL INFO: RANGE 3E
LEGAL INFO: SECTION 33
LEGAL INFO: TOWNSHIP 3N
LOT SIZE DIMENSIONS IRR
MARKETING NAME Butler Apartments
NEW FINANCING 1031 Exchange, Conventional, FHA, VA
OTHER TYPE Packaged Offering
OWNER PAYS Electric, Landscaping, Sewer, Trash Collection, Water
PARKING >1 Space Per Unit
PROJECT TYPE 5 - 12 Units, Four Plex
ROADS/STREETS Treated
ROOFING Built-Up, Foam, Rolled
SALE INCLUDES Land & Building, Laundry Equipment, Personal Property
SEWER Sewer - Public
SOURCE OF FINCL DATA Projected Proforma, Provided by Owner
TAX MUNICIPALITY Maricopa - COUNTY
TAXES 3814.00
TENANT PAYS Cable TV, Electric, Gas
TOTAL # OF UNITS 8.00
TOTAL PARKING SPCS 16.00
WATER City Franchise
ZONING Multi

ZESTIMATE
$1078615  1105 E Butler Drive, Phoenix, AZ

RENT ZESTIMATE
$1250 / mo.  1105 E Butler Drive, Phoenix, AZ

53 Somewhat Walkable



 
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Data last updated 3/28/20 2:11 AM PDT.