2838 E Marconi Avenue

    Phoenix, AZ 85032
    • $245,000
    • STATUS: Closed
    • ON SITE: 103 days
    • MLS #: 5749406
    Sold - 06/01/2018
    $245,000
    SOLD - 06/01/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:
    Area:

    School Information

    Description

    Rare opportunity to have a building in such good shape with two very long term tenants in place. All units have been updated and well-maintained. This is an excellent investment opportunity at this price. There is one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Each apartment has a balcony or private patio. This is a superb passive investment for those who want to put their money into an incredible cash flowing property. Please do not walk property. Do not disturb tenants.

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    © 2018 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 2018-07-23T00:12:58.993.
    www.searchvalleyrealestate.com/homes/82461848

    2838 E Marconi Avenue Phoenix, AZ 85032

    • Price: $249,900
    • Status: Closed
    • Updated: 194 min ago
    • MLS #: 5749406
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1982
    Built
    Neighborhood:
    Greenway Manor
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Palomino Primary School
    Middle School:
    Greenway Middle School
    High School:
    North Canyon High School
    School District:
    069 - Paradise Valley Unified District
    Property Description
    Rare opportunity to have a building in such good shape with two very long term tenants in place. All units have been updated and well-maintained. This is an excellent investment opportunity at this price. There is one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Each apartment has a balcony or private patio. This is a superb passive investment for those who want to put their money into an incredible cash flowing property. Please do not walk property. Do not disturb tenants.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Green LandscapingPatio/BalconyCable Tv AvailableFencedDesert Landscaping Lot Size Dimensions irr Parking FreeAssignedCarport1 Space/Unit Roads Asphalt/Blacktop Roofing Built-Up Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 929 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1106 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 1300 3 Bedroom Unit Baths 3 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeW/D HookupDisposalDishwasherRefrigerator Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl/Composition Heating ElectricIndividual Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 615.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 735.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 650.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 31179.00 Annual Elec Exp 200.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1500.00 Annual Mgmt Exp 2520.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 7740.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Auction No Community Amenities Pool(S)Barbecue Area(S)Sport Court(S)Play AreaClubhouseSpa(S) Cross Street 32nd St/Greenway Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 32820.00 Hoa YN Yes Net Operating Income 16790.00 New Financing ConventionalCtl Operating Exp 14389.00 Other Income 0.00 Owner Pays Other (See Remarks) Project Type Four Plex Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Tax Municipality Phoenix Taxes 1229.00 Tenant Pays ElectricCable Tv Vacancy Allowance 0.05 Water City Franchise Zoning Multi

    Listing courtesy of Russ Lyon Sotheby's International Realty.
    © 2018 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 2018-07-23T00:12:58.993.
     
    Conway Real Estate
    2345 E Thomas Rd. 150
    Phoenix AZ, 85016