2850 W PIERCE Street, Phoenix, AZ 85009 (MLS# 6603978)

$575,000

2850 W PIERCE Street
Phoenix, AZ 85009
MLS# 6603978
Status: Closed

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Property Description
(Interior photos added) Investment Opportunity! This 4plex is fully rented out and in convenient location near shopping, freeway access and schools. No interior inspections without an accepted offer. Please do not disturb tenants. Drive by only. BUYER AND BUYERS AGENT TO VERIFY ALL FACTS AND FIGURES DURING INSPECTION PERIOD

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $575,000

Sold Price: $575,000

Status: Closed

List Date: 2023-09-11

Location, Tax & Legal

Assessor's Map #: 20

Legal Description (Abbrev): LOT 16 BLOCK 3 NORTH WILLOW MCR 002111

Assessor's Parcel #: 46

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 112700

Taxes: 806

Legal: LOT 16 BLOCK 3 NORTH WILLOW MCR 002111

Marketing Name: MULTIFAMILY

House Number: 2850

Compass: W

Street Name: PIERCE

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85009

Zip4: 4355

County Code: Maricopa

Subdivision: NORTH WILLOW

Assessor Number: 109-20-046

Tax Year: 2022

General Property Description

# of Buildings: 1

Uncvrd Parking Spcs: 6

Lot Size Dimensions: 7028

Total # of Units: 4

Elementary School District: Isaac Elementary District

High School District: Phoenix Union High School District

Elementary School: Phoenix Prep Academy

Jr. High School: Phoenix Prep Academy

High School: Phoenix Union Cyber High School

Year Built: 1981

Zoning: Multi. Fam.

Legal Info

Range: 2E

Section: 2

Township: 1N

Block: 3

Lot Number: 16

Project Type

Four Plex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Vinyl: 1

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 4500

Annual Wtr/Swr Exp: 4500

Owner Association: No

Annual Ownr Asoc Fee: 0

Operating Exp: 9806

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 0

Total Monthly Rental Income: 6160

Pmt & Rate Info

Equity: 629000

Down Payment %: 0

Monthly Payments: 0

Total Owed: 0

Assessment Balance: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Text: 1

Email: 1

Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Window/Wall Unit: 1

Exterior Amenities

Desert Landscaping: 1

Partially Fenced: 1

Interior Features

Unfurnished: 1

Vertical Blinds: 1

Breakfast Bar: 1

Tenant Pays

None: 1

Appliances Included

Refrigerator: 1

Free-Standing Range: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Unknown: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Paved: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Water: 1

Sewer: 1

Electric: 1

Trash Collection: 1

New Financing

Conventional: 1

FHA: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Type

Not Applicable: 1

Existing 1st Loan Terms

Not Applicable: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 480-718-9881

List Agent Hme Phn 2: 480-718-9881

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 4

Avg Rent: 1540

Avg SqFt: 384

# Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Other

Loan Years: 30

Closing Cost Split: Normal - N

Payment Type: Other

Buyer Concession to Seller: 0

Buyer Concession $/%: $

Seller Concession to Buyer: 5750

Seller Concession $/%: $

Remarks Misc

Cross Street: N. 27th Ave & W Van Buren St

Geo Lat: 33.456091

Geo Lon: -112.121546

Status Change Info

Off Market Date: 2024-07-11

Under Contract Date: 2024-05-31

Close of Escrow Date: 2024-07-11

Sold Price: $575,000

Property Features

Project Type: Four Plex

Construction: Wood Frame

Const - Finish: Painted

Roofing: Composition

Floors: Vinyl; Ceramic Tile

Sale Includes: Land & Building

Community Features: No Pool

Exterior Amenities: Desert Landscaping; Partially Fenced

Interior Features: Unfurnished; Vertical Blinds; Breakfast Bar

Appliances Included: Free-Standing Range; Refrigerator

Cooling: Window/Wall Unit

Water Source: City Franchise

Sewer: Sewer - Public

Electric: APS

Gas: None

Parking Features: Paved

Road Surface Type: Asphalt

Owner Pays: Water; Electric; Trash Collection

Tenant Pays: None

Source of Fincl Data: Unknown

Showing Notification Methods: Text; Email; Phone Call

Lockbox Type: None

Existing 1st Loan: Treat as Free&Clear

Existing 1st Loan Type: Not Applicable

Existing 1st Loan Terms: Not Applicable

Existing 2nd Loan: Treat as Free&Clear

Existing 2nd Loan Type: Not Applicable

Existing 2nd Loan Terms: Not Applicable

Existing 3rd Loan: Treat as Free&Clear

Existing 3rd Loan Type: Not Applicable

Existing 3rd Loan Terms: Not Applicable

Existing Othr Ln Trm: Not Applicable

New Financing: FHA; Conventional

Environmental: None

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Last Updated: May - 11 - 2025