$650,000
Phoenix, AZ 85040
MLS# 6612987
Status: Closed
1 / 27
Property Description
Amazing opportunity to own this FOURPLEX!! Each unit has 2 bedrooms 1 bath with 2 cover parking spots per unit. The bottom 2 units are fully remodeled with new flooring, new paint, new bathroom fixtures and more! Both buildings have newer roof, Stucco and paint. Also, 2 of the units have new AC. Separate pawer meter in each unit. Tenants are currently month to month paying $1300 /month.
Details
Maps
Contract Info
Current Price: $650,000
Sold Price: $650,000
Status: Closed
List Date: 2023-10-02
Ownership: Fee Simple
Location Tax Legal
House Number: 841
Compass: E
Street Name: ROESER
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 3167
County Code: Maricopa
Assessor Number: 113-56-018
Tax Year: 2022
General Property Description
Lot Size Dimensions: 10890
Year Built: 1985
Total # of Units: 4
# of Buildings: 2
Zoning: R-3 MM
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 7th Street and Roeser
Directions: East on Roeser to property
Geo Lat: 33.399194
Geo Lon: -112.060629
Status Change Info
Off Market Date: 2024-02-16
Under Contract Date: 2024-01-10
Close of Escrow Date: 2024-02-15
Sold Price: $650,000
Legal Info
Township: 1N
Range: 3E
Section: 28
Lot Number: unknown
Income Expenses
Gross Annual Sch Inc: 62400
Net Operating Income: 62400
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1200
Avg SqFt: 621
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 13500
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Tile
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced
Appliances Included: Free-Standing Range
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; SRP
Gas: Underground
Parking Features: Carport
Owner Pays: Water
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: FHA; Conventional
Environmental: None
Listing Office: eXp Realty
Last Updated: May - 11 - 2025
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