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    116 W Granada Road

    Phoenix, AZ 85003
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 18 days
    • MLS #: 6266098
    Under Contract
    $1,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Amazing four-plex on one of the best streets in one of the best neighborhoods in the city. Watch the video for a layout of this unique property. A duplex sits closest to the street. Here, 2 2-bedroom 1 bath units with hardwood floors, fireplaces and beautiful light/windows are just the beginning. A gate on the east side of the house leads to a central courtyard with a 50+ year old Ficus Nitida and wonderful lush landscape. 2 studios are on the second level. One with exposed beams and an artist's vibe - the other a decidedly more metropolitan feel. Both have patios and overlook the main courtyard. Beneath one is a community room, with kitchen, bath, laundry and living space. Beneath the other is a large storage area that could house a full laundry if the new owners wanted to lease...the community room for additional income. Current rents are month-to-month and the duplex's east unit is vacant to show buyers. Also listed in residential MLS# 6266119.

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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 Devor Real Estate Associates | My Home Group. Data last updated 2021-08-05T00:15:00.427.
    www.devorandassociates.com/homes/119428675
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    116 W Granada Road Phoenix, AZ 85003

    • Price: $1,250,000
    • Status: Active Under Contract
    • MLS #: 6266098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1930
    Built
    Neighborhood:
    North Chelsea
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Kenilworth Elementary School
    Middle School:
    Phoenix Prep Academy
    High School:
    Central High School
    School District:
    001 - Phoenix Elementary District
    Property Description
    Amazing four-plex on one of the best streets in one of the best neighborhoods in the city. Watch the video for a layout of this unique property. A duplex sits closest to the street. Here, 2 2-bedroom 1 bath units with hardwood floors, fireplaces and beautiful light/windows are just the beginning. A gate on the east side of the house leads to a central courtyard with a 50+ year old Ficus Nitida and wonderful lush landscape. 2 studios are on the second level. One with exposed beams and an artist's vibe - the other a decidedly more metropolitan feel. Both have patios and overlook the main courtyard. Beneath one is a community room, with kitchen, bath, laundry and living space. Beneath the other is a large storage area that could house a full laundry if the new owners wanted to lease...the community room for additional income. Current rents are month-to-month and the duplex's east unit is vacant to show buyers. Also listed in residential MLS# 6266119.
    Exterior Features

    Construction Brick Construction Finish Other (See Remarks)StuccoPainted Covered Parking Spaces 5.00 Exterior Amenities Cable Tv AvailablePatio/BalconySeparate StorageSecurity Light(S)FencedLandscape Wtr SystemGreen Landscaping Lot Size Dimensions 65 X 129 Parking CarportStreet ParkingPaved Parking Roads Concrete Roofing Built-UpOther (See Remarks)

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 827 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/RangeWasher/DryerRefrigerator Cooling Central A/COther (See Remarks) Efficiency Unit Avg Sq Ft 392 Efficiency Unit Baths 1 Floors Ceramic TileWood Heating Gas Interior Amenities DrapesUnfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1200.00 2 Bedroom Units 2 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 50400.00 Annual Elec Exp 508.67 Annual Gas Exp 629.99 Annual Ins Exp 684.33 Annual Land Lse Exp 0.00 Annual Landscape Exp 400.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1500.00 Annual Mgmt Exp 0.00 Annual Other Expense 1465.92 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 2187.36 Community Amenities ClubhouseNo Pool Cross Street Mcdowell And Central Avenue Efficiency Unit Avg Rent 850.00 Efficiency Units 2 Electric Aps Gas Sw Gas Gross Annual Sch Inc 50400.00 Hoa YN No Net Operating Income 43023.73 New Financing ConventionalVaFha Operating Exp 10999.27 Other Income 0.00 Owner Pays LandscapingOtherWaterTrash CollectionSewerSee Remarks Project Type Four PlexOther (See Remarks) Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Status Update Multiple Offers Recd Tax Municipality Phoenix Taxes 3623.00 Tenant Pays Cable TvGasElectric UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning R 1-6

    Listing courtesy of Homesmart.


    © 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 Devor Real Estate Associates | My Home Group. Data last updated 2021-08-05T00:15:00.427.
     
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    Devor Real Estate Associates | My Home Group
    6751 N Sunset Blvd
    Glendale AZ, 85305