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2526 W Ocotillo Road

Phoenix, AZ 85017
  • $495,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • MLS #: 6330981
Under Contract
UPDATED: 24 min ago
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Two on Ocotillo is located near I17 and Grand Canyon University. Both units are 3 bedroom 2 bath units. Both have a large private yard in back Newer construction perfect for a first time investor or owner occupied. Seller just painted building and one unit B is vacant is rent ready. Unit A month to month at $790. Current owner does not have financials. Market rents are $1,300 to $1,500 per unit. Tenants pay for own water sewer and trash. Self managed to family and friends currently. Drive by only tenants are unaware of sale. All facts and figures are approximate buyer verify MLS information.

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© 2022 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 Conway Real Estate. Data last updated 2022-01-17T17:12:20.243.
www.searchvalleyrealestate.com/homes/123944367
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2526 W Ocotillo Road Phoenix, AZ 85017

  • Price: $495,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • Updated: 24 min ago
  • MLS #: 6330981
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2006
Built
Neighborhood:
Krall's Homesites
County:
Maricopa
Area:
Phoenix
Elementary School:
Other
Middle School:
Other
High School:
Washington High School
School District:
006 - Washington Elementary District
Property Description
Two on Ocotillo is located near I17 and Grand Canyon University. Both units are 3 bedroom 2 bath units. Both have a large private yard in back Newer construction perfect for a first time investor or owner occupied. Seller just painted building and one unit B is vacant is rent ready. Unit A month to month at $790. Current owner does not have financials. Market rents are $1,300 to $1,500 per unit. Tenants pay for own water sewer and trash. Self managed to family and friends currently. Drive by only tenants are unaware of sale. All facts and figures are approximate buyer verify MLS information.
Exterior Features

Construction Other (See Remarks) Construction Finish Stucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFencedSeparate Storage Lot Size Dimensions 7030 Parking >1 Space Per Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 1165 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherF/S Oven/RangeRefrigeratorW/D Hookup Cooling Ceiling Fan(S)Central A/CElectric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl Heating ElectricHeat Pump Interior Amenities Mini Blinds

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 1350.00 3 Bedroom Units 2 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 30780.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1000.00 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 0.00 Annual Wtr Swr Exp 0.00 Community Amenities OtherSee Remarks Cross Street Glendale & 27th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 32400.00 Hoa YN No Net Operating Income 26731.00 New Financing ConventionalFhaVa Operating Exp 4084.00 Other Income 0.00 Owner Pays None Project Type Duplex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaUnknown Tax Municipality Phoenix Taxes 1384.00 Tenant Pays Cable TvElectricSewerWater Totl Mnth Rntal Inc 2700.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning R

Listing courtesy of Grace Cre.


© 2022 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 Conway Real Estate. Data last updated 2022-01-17T17:12:20.243.
 
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Conway Real Estate
2345 E Thomas Rd. 150
Phoenix AZ, 85016