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2536 W Adams Street

Phoenix, AZ 85009
  • $915,900
  • STATUS: Active
  • ON SITE: 149 days
  • MLS #: 6199002
UPDATED: 49 min ago
$915,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Remodeled 2bd house and 2 duplex buildings. total 5 units. Pandemic proof solid tenants 2.5 year STRONG leases 7% CAP. Property surrounded by single family homes. Great unit mix, huge private yards. Individual electric meters. Maintenance free property w/ tenant agreement to perform management maintenance and repairs. Perfect for out of state or in state landlord without the rental headaches. Area in demand for rental units and air bnb. minutes to freeways downtown Phoenix and State Capitol. Seller may carry 40% down at 9% short term.

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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 2021-07-25T18:12:39.827.
www.devorandassociates.com/homes/114518204
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2536 W Adams Street Phoenix, AZ 85009

  • Price: $915,900
  • Status: Active
  • Updated: 49 min ago
  • MLS #: 6199002
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Warren Tract Blk 2
County:
Maricopa
Area:
Phoenix
School District:
001 - Phoenix Elementary District
Property Description
Remodeled 2bd house and 2 duplex buildings. total 5 units. Pandemic proof solid tenants 2.5 year STRONG leases 7% CAP. Property surrounded by single family homes. Great unit mix, huge private yards. Individual electric meters. Maintenance free property w/ tenant agreement to perform management maintenance and repairs. Perfect for out of state or in state landlord without the rental headaches. Area in demand for rental units and air bnb. minutes to freeways downtown Phoenix and State Capitol. Seller may carry 40% down at 9% short term.
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Rv/Boat Parking Lot Size Dimensions 0 Parking None Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 400 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 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 None Cooling IndividualWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileConcrete Heating ElectricIndividualWindow/Wall Unit(S)

Property Features

1 Bedroom Unit Avg Rent 950.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 1750.00 2 Bedroom Units 1 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 71160.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 900.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 600.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1920.00 Annual Wtr Swr Exp 2640.00 Community Amenities No Pool Cross Street 25Av And Adams Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 66600.00 Hoa YN No Net Operating Income 65100.00 New Financing ConventionalOther (See Remarks)Seller May CarryTrade Operating Exp 6861.00 Other Income 4560.00 Other Type House + Rental Units Owner Pays SewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Maricopa - County Taxes 801.00 Tenant Pays ElectricGas Totl Mnth Rntal Inc 5550.00 Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R3?

Listing courtesy of Haddad Realty.


© 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 2021-07-25T18:12:39.827.
 
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