918 W Mcdowell Road

    Phoenix, AZ 85007
    • $425,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 5731649
    UPDATED: 27 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Information

    Description

    Highly sought-after location in Encanto Palmcroft in the heart of Central Phoenix. Near FQ Story, Willo, Light Rail, Heard Museum, Downtown Phoenix, & culture galore. This 4plex has all large, charming 1 bedroom units that incl. washer/dryers, traventine flooring, & more. Very private & secure property w/ ample parking. Gorgeous courtyard w/ huge gazebo, patio, & fire pit. Long-term owners. Pride of ownership property w/ many amenities. Mid-century charm abounds. All month-to-month tenants that have been there for years. Rents below market offering an attractive value-add investment. No interior showings or walking the property until escrow. Please do not disturb tenants. Expenses estimated, buyer to complete/rely on own due diligence. See OM in documents tab.

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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 2018-04-20T12:15:02.783.
    www.searchvalleyrealestate.com/homes/81252446

    918 W Mcdowell Road Phoenix, AZ 85007

    • Price: $425,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 5731649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1950
    Built
    Neighborhood:
    Palmcroft 1 Thru 123
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Kenilworth Elementary School
    High School:
    Central High School
    School District:
    001 - Phoenix Elementary District
    Property Description
    Highly sought-after location in Encanto Palmcroft in the heart of Central Phoenix. Near FQ Story, Willo, Light Rail, Heard Museum, Downtown Phoenix, & culture galore. This 4plex has all large, charming 1 bedroom units that incl. washer/dryers, traventine flooring, & more. Very private & secure property w/ ample parking. Gorgeous courtyard w/ huge gazebo, patio, & fire pit. Long-term owners. Pride of ownership property w/ many amenities. Mid-century charm abounds. All month-to-month tenants that have been there for years. Rents below market offering an attractive value-add investment. No interior showings or walking the property until escrow. Please do not disturb tenants. Expenses estimated, buyer to complete/rely on own due diligence. See OM in documents tab.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingOther (See Remarks)Security Light(S)Patio/BalconyFenced Lot Size Dimensions 130X66 Parking Free>1 Space Per Unit Roads AlleySidewalk(S)Curb(S) & Gutter(S)Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 600 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 Electric RefrigeratdHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCeramic TileCarpet Heating ElectricCeiling Fan(S)Heat PumpGas Interior Amenities Vertical BlindsMini BlindsFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 582.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 28296.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 200.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1200.00 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 3000.00 Auction No Community Amenities No PoolBarbecue Area(S) Cross Street Mcdowell & 9Th Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 27936.00 Hoa YN No Net Operating Income 21467.00 New Financing Conventional1031 Exchange Operating Exp 6629.00 Other Income 360.00 Owner Pays WaterLandscapingTrashSewer Project Type Four Plex Sale Includes Other (See Remarks) Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By OwnerProjected Proforma Special Incorporated Area Tax Municipality Maricopa - County Taxes 1429.00 Tenant Pays ElectricCable TvGas Totl Mnth Rntal Inc 2210.00 Vacancy Allowance 0.00 Water Master MeterCity Franchise Zoning R-5

    Listing courtesy of Re/Max Platinum Living.
    © 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 2018-04-20T12:15:02.783.
     
    Conway Real Estate
    2345 E Thomas Rd. 150
    Phoenix AZ, 85016