8841 N 2nd Way

    Phoenix, AZ 85020
    • $395,000
    • STATUS: Active Under Contract
    • ON SITE: 184 days
    • MLS #: 5821861
    Under Contract
    UPDATED: 54 min ago
    $395,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Ratings & Info

    Description

    The North Mountain Fourplex is primarily comprised of a cleanly designed two bedroom and one and a half bathroom units, which was built in 1985. All units are accompanied by appliance packages, cabinetry, updated countertops, spacious living room & dining area, walk in closets, and large kitchens. The ground level units have lofty backyard patios, a highly sought after renting attribute for pet renters and family renters alike. The stucco exterior has received the same type of care over the years, and offers a strong presence of curb appeal for the next owner. The two story asset has a large communal space for it's tenants alongside covered parking that may offer a form of additional income for the next owner.across the street from the Marketplace At Central, which consistently retains corporate tenants such as Walmart, Ross, Gentle Groomers, El Pollo Loco, and Wingstop. Only one more block North, is the HonorHealth John C. Lincoln Medical Center which has quickly become a large employment center and economic driver for the area. The asset offers an opportunity to immediately increase return by capitalizing on the large amount of renter enthusiasm in the surrounding area, complimented by a strong, existing presence of a credible building.

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    © 2019 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 CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-03-22T14:12:15.69.
    www.joyofcominghome.com/homes/87604866

    8841 N 2nd Way Phoenix, AZ 85020

    • Price: $395,000
    • Status: Active Under Contract
    • Updated: 54 min ago
    • MLS #: 5821861
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    The North Mountain Fourplex is primarily comprised of a cleanly designed two bedroom and one and a half bathroom units, which was built in 1985. All units are accompanied by appliance packages, cabinetry, updated countertops, spacious living room & dining area, walk in closets, and large kitchens. The ground level units have lofty backyard patios, a highly sought after renting attribute for pet renters and family renters alike. The stucco exterior has received the same type of care over the years, and offers a strong presence of curb appeal for the next owner. The two story asset has a large communal space for it's tenants alongside covered parking that may offer a form of additional income for the next owner.across the street from the Marketplace At Central, which consistently retains corporate tenants such as Walmart, Ross, Gentle Groomers, El Pollo Loco, and Wingstop. Only one more block North, is the HonorHealth John C. Lincoln Medical Center which has quickly become a large employment center and economic driver for the area. The asset offers an opportunity to immediately increase return by capitalizing on the large amount of renter enthusiasm in the surrounding area, complimented by a strong, existing presence of a credible building.
    Exterior Features

    Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 4.00 Exterior Amenities Partially Fenced Lot Size Dimensions 6250 Parking Carport>1 Space Per Unit Roads Asphalt/Blacktop Roofing Built-Up Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 899 2 Bedroom Units Baths 2 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/Range Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 675.00 2 Bedroom Units 4 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 0.00 Annual Elec Exp 264.00 Annual Gas Exp 0.00 Annual Ins Exp 1600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 1800.00 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 2160.00 Auction No Community Amenities No Pool Cross Street Dunlap & 2nd Way Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 30528.00 New Financing Conventional Operating Exp 7220.00 Other Income 0.00 Owner Pays WaterTrashSewer Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1396.00 Tenant Pays ElectricCable Tv UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning M-H

    Listing courtesy of Taylor Street Real Advisors, Llc.


    © 2019 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 CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-03-22T14:12:15.69.
     
    CC & Co. Real Estate Team | Keller Williams Realty Phoenix
    3920 S Rural Rd. Suite 110
    Tempe AZ, 85282