This fourplex is in a great location close to downtown Phoenix. The building has two 650SF, 2BR, 1BA units and two 550SF 1BR, 1BA units. Each unit has a private back yard. The front landscaping is desert. There is an onsite coin operated community laundry. 100% occupied with long term tenants. Unit 5 rented at $750, Exp 7/31/22, moved in 2017, Unit 6 rented at $575, Exp 5/31/22, moved in 2015, Unit 7 rented at $505, Exp 2/28/22, moved in 2011, Unit 8 rented at $700, Exp 7/31/22, moved in 2014. The parking lot was resurfaced in April 2021. No HOA. The water, sewer, trash and common area lighting is shared with other owners. No showings until accepted contract.
Multiple cash offers received and under review by seller. Centrally located fourplex with two 2BR, 1 bath units and two 1BR, 1 bath units. Unit 5 is 2BR and occupied, rented @ $588, expires 1/31/11. Unit 6 & 7 are 1BR, rent ready and vacant. Unit 8 is 2BR and needs rehabbed. Each unit has private yard. Building needs new roof, other repairs, is sold as is and has been priced accordingly. Onsite community laundry. No HOA. Water on shared meter. Water, trash, landscape, common area & parking lot maintenance split between all buildings. 1BR rents for $450, 2BR rents for $550. Short sale, subject to lender approval. Do not disturb tenant in #5. Price has not been approved by the bank. No inspection on occupied unit until bank approval received.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
164-34-020-F
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Last updated by owner on Apr 7, 2023.
R-3
PIESTEWA PEAK PARKWAY SP
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Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
High School District: Phoenix Union High School District
Elementary School: Madison Rose Lane School
Elementary School District: Madison Elementary District
Location Information
Directions: South on 16th Street to Ocotillo, East just past 2 story building to driveway next to San Tome sign, North past Ocotillo Canyon sign. Building is on left.
Community Information
Community Features: No Pool
Utility Information
Electric: SRP
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Maricopa County
APN: 164-34-020-F
Home facts updated by county records on Apr 7, 2023
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Madison Heights Elementary School
Public PreK-4 • Assigned • 0.6mi
9/10
Madison #1 Elementary School
Public 5-8 • Assigned • 1.2mi
5/10
North High School
Public 9-12 • Assigned • 4.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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