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925 E Ocotillo Road

Phoenix, AZ 85014
  • $949,000
  • STATUS: Active
  • MLS #: 6265280
Price Reduced
UPDATED: 12 min ago
$949,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Description

This is your chance to own an income producing triplex in one of Phoenix's most popular locations in a quiet residential neighborhood with nearby freeway access. Madison School District parameters provides you or your tenants with prime schools nearby. Each unit has covered parking and storage. One 2 bed 1 bath & two 1 bed one bath units. The two bed one bath was just recently updated and has its own in unit washer/ dryer. New exterior sewer line replaced to the street sewer in 2018. One of the units are on a month to month lease to accommodate an owner occupancy purchase.

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© 2021 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 A.Z. & Associates Real Estate Group. Data last updated 2021-08-04T22:12:17.813.
www.soldbytlt.com/homes/119373577
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925 E Ocotillo Road Phoenix, AZ 85014

  • Price: $949,000
  • Status: Active
  • Updated: 12 min ago
  • MLS #: 6265280
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Orangedale Terrace
County:
Maricopa
Area:
Phoenix
Elementary School:
Madison #1 Elementary School
Middle School:
Madison #1 Elementary School
High School:
North High School
School District:
038 - Madison Elementary District
Property Description
This is your chance to own an income producing triplex in one of Phoenix's most popular locations in a quiet residential neighborhood with nearby freeway access. Madison School District parameters provides you or your tenants with prime schools nearby. Each unit has covered parking and storage. One 2 bed 1 bath & two 1 bed one bath units. The two bed one bath was just recently updated and has its own in unit washer/ dryer. New exterior sewer line replaced to the street sewer in 2018. One of the units are on a month to month lease to accommodate an owner occupancy purchase.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 3.00 Lot Size Dimensions 9826 Parking 1 Space/UnitStreet ParkingCarportAdd'l Parking Avail Roads Concrete Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 700 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 910 2 Bedroom Units Baths 1 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 Bi Oven/RangeWasher/DryerRefrigeratorF/S Oven/Range Cooling Ceiling Fan(S)Heat PumpElectric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricHeat Pump

Property Features

1 Bedroom Unit Avg Rent 850.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 1550.00 2 Bedroom Units 1 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 39000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 835.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 120.00 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 1800.00 Community Amenities No Pool Cross Street Glendale & 10th Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 39000.00 Hoa YN No Net Operating Income 35165.00 New Financing 1031 ExchangeVaSeller May CarryLease PurchaseConventional Operating Exp 6160.00 Other Income 0.00 Owner Pays LandscapingSewerWaterTrash Collection Project Type Tri-Plex Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 2205.00 Tenant Pays Cable TvGasElectric Totl Mnth Rntal Inc 3250.00 Vacancy Allowance 0.00 Water Master Meter Zoning R1-6

Listing courtesy of West Usa Realty.


© 2021 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 A.Z. & Associates Real Estate Group. Data last updated 2021-08-04T22:12:17.813.
 
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A.Z. & Associates Real Estate Group
17235 N 75th Avenue, Suite B150
Glendale AZ, 85308