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2341 W Yuma Street

Phoenix, AZ 85009
  • $575,000
  • STATUS: Active
  • ID#: 22209742
UPDATED: 65 min ago
$575,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,099
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Gerchick Real Estate.

Description

Located in a Qualified Opportunity Zone with tenants in two units and the remaining units are ready for tenants and will be leased at $1250 per month! This property was appraised last December for 600K with the increase in rents at a much higher Cap Rate. This property is a solid long term investment play. Remember that this is master metered for all utilities and PLEASE drive-by only, before submitting offer. Buyer to verify all facts and figures.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-10-03T17:07:39.973.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.thelocalrealestategroup.com/homes/127780529
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2341 W Yuma Street Phoenix, AZ 85009

  • Price: $575,000
  • Status: Active
  • On Site: Days
  • Updated: 65 min ago
  • ID#: 22209742
6
Beds
4
Baths
0
½ Baths
0.15
Acres
2,099
SQFT
$274
$/SQFT
1906
Built
Neighborhood:
Out Of Pima County
County:
Maricopa
Area:
Maricopa
Elementary School:
Other
Middle School:
Other
High School:
Other
School District:
Other
Property Description
Located in a Qualified Opportunity Zone with tenants in two units and the remaining units are ready for tenants and will be leased at $1250 per month! This property was appraised last December for 600K with the increase in rents at a much higher Cap Rate. This property is a solid long term investment play. Remember that this is master metered for all utilities and PLEASE drive-by only, before submitting offer. Buyer to verify all facts and figures.
Exterior Features

Construction Masonry Stucco Driveway Paved Concrete Exterior Feature None Fence None Landscape Front Decorative Gravel Landscape Rear Decorative Gravel Patio Deck None Pool None Road Type Chip/Seal Roof RolledShingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Residential

Interior Features

Bathroom Features Shower & Tub/HallShower Only/Hall Breakfast None Dining Areas Eat-In Kitchen Dining Room None Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(S)Smoke Detector Kitchen Features Electric RangeRefrigerator Laundry None Living Areas Great Room Main Cooling Ceiling Fan(S)Window Unit(S) Main Heating Wall Technology Cable Tv Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 0 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 0 Unit3 Information Furnished No Unit3 Information Sqft 460 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 726 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 7.59 Analysis Exp Percent Of Gross 23.97 Analysis Exp Sqft 6.56 Analysis Gross Rent Multi 10.01 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Aps Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 600.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 1800.00 Expenses Maintenance Supplies 300.00 Expenses Management 2880.00 Expenses Other Expenses 600.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 383.00 Expenses Water Sewer 7200.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 57419.97 Income Gross Scheduled Rent 57420.00 Income Net Opp Income 43656.97 Income Other Income 0.00 Income Total Expenses 13763.00 Income Vacancy Loss 0.03 Lot Dimensions irr Lot Features North/South Exposure Lot Size Source Appraiser Lot Sqft 6355.00 Municipal Flood Zone No Municipality Zoning Other - Call Neighborhood Features Street Lights Property Disclosures AddendumEquipment ListInsurance Claims History ReportLead Based PaintLeasesMarketing Package AvailablePlat MapSeller Prop Disclosure Road Maintenance City Security Security Lights Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2021 Taxes 405.52 Taxes For Dwelling & Land Terms Cash Total Parking 6 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1495 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 995 Unit2 Information Stories Single Unit3 Information Floor 1st Unit3 Information Monthly Rent 1100 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 1250 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Owner Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Gerchick Real Estate: (602) 688-9279. Listing information © 2022 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-10-03T17:07:39.973.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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The Local Real Estate Group | Realty Executives
6760 N Oracle Road Suite 130
Tucson AZ, 85704
Courtesy of Gerchick Real Estate.