3213 E Flower Street

    Phoenix, AZ 85018
    • $1,500,000
    • STATUS: Closed
    • ON SITE: 217 days
    • MLS #: 5750064
    Sold - 09/21/2018
    $1,500,000
    SOLD - 09/21/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    Description

    Extremely unique property situated on a large .98 acre lot on the boundary of the highly desired Arcadia area. Fully occupied multi-unit property consisting of 7 buildings, 9 total units recently updated inside and out. Great turn key property with excellent cash flow. Buy for the income and/or future development opportunity. Private driveway, irrigated lot, covered parking plus 3 car garage. Onsite coin operated laundry facility. Large mature trees, citrus trees, rose garden, open common areas with lots of grass.

    Monthly Payment Calculator

    © 2018 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 Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-11-15T11:12:40.723.
    www.arizona1mls.com/homes/82507866

    3213 E Flower Street Phoenix, AZ 85018

    • Price: $1,699,500
    • Status: Closed
    • Updated: 60 min ago
    • MLS #: 5750064
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Valencia Acres
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Monte Vista Elementary School
    Middle School:
    Monte Vista Elementary School
    High School:
    Camelback High School
    School District:
    210 - Phoenix Union High School District
    Property Description
    Extremely unique property situated on a large .98 acre lot on the boundary of the highly desired Arcadia area. Fully occupied multi-unit property consisting of 7 buildings, 9 total units recently updated inside and out. Great turn key property with excellent cash flow. Buy for the income and/or future development opportunity. Private driveway, irrigated lot, covered parking plus 3 car garage. Onsite coin operated laundry facility. Large mature trees, citrus trees, rose garden, open common areas with lots of grass.
    Exterior Features

    Construction BrickFrame - Wood Construction Finish Painted Covered Parking Spaces 10.00 Exterior Amenities Green LandscapingSecurity Light(S)Separate StoragePatio/BalconyCable Tv AvailableRv/Boat ParkingFenced Lot Size Dimensions 140 X 304 Parking GarageAuto Door Opener<1 Space Per UnitCarport Roads Dirt/GravelSidewalk(S)Private Street Roofing Comp Shingle Total Parking Spaces 12.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 700 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1000 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 2000 4 Bedroom Unit Baths 4 Appliances Included Other (See Remarks) Cooling Other (See Remarks) Efficiency Unit Avg Sq Ft 500 Efficiency Unit Baths 1 Floors CarpetWoodCeramic Tile Heating Other (See Remarks)

    Property Features

    1 Bedroom Unit Avg Rent 900.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1100.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 2400.00 4 Bedroom Units 1 Adjusted Gross Inc 124020.00 Annual Elec Exp 2400.00 Annual Gas Exp 0.00 Annual Ins Exp 1800.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 3600.00 Annual Mgmt Exp 0.00 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 5400.00 Auction No Community Amenities No Pool Cross Street 32nd St & Indian School Efficiency Unit Avg Rent 600.00 Efficiency Units 2 Electric Individual MeterSrpMaster Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 124020.00 Hoa YN No Net Operating Income 104252.04 New Financing Conventional Operating Exp 19778.00 Other Income 0.00 Other Type House + Rental UnitsPackaged Offering Owner Pays WaterLandscapingTrashSewer Project Type 5 - 12 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By OwnerBooks Shwn Accpt Ofr Tax Municipality Maricopa - County Taxes 6578.00 Tenant Pays ElectricCable TvGas Vacancy Allowance 0.00 Water City FranchiseIrrigation Zoning R-3 & R-4

    Listing courtesy of Re/Max Solutions.
    © 2018 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 Arizona 1 Real Estate Team at My Home Group. Data last updated 2018-11-15T11:12:40.723.
     
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    Chandler AZ, 85248