Seller Financing
Address
1829 E Virginia Avenue, Phoenix, AZ
Price
$ 730,000
Property Attributes
  • MLS#6467791
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodGreenfield Acres
  • Zip85006
  • Style
  • Year Built1971
  • Taxes$ 1361
  • Price$ 730,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2668
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Incredibly rare multi-family dwelling in the Phoenix metro area. This unit is priced to sell. Cash Generating 4-plex directly behind Phoenix Children's Hospital. each of the four units is a 2 bed 1 bath with tile floors, a back yard/patio area and one covered parking space per unit. Property has additional generous onsite parking. Profit generating coin operated laundry does convey. Entire building and block fence were recently painted! The building has a newer roof, newer HVAC units and newer water heaters. All tenants are currently on contract until Summer of 2023. but current rent comps show the ability to raise rents by 35% or more! With raised rents cap rate should be close to 7%!! Maintenance shed onsite for the owner to utilize.

Price History
9/23/2022 Listed $730,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
City Phoenix
Construction Block
Cooling Central A/C
County Maricopa
Directions From Thomas head south on 20th Street. Turn right onto Virginia and unit is on the left.
Electric APS, Individual Meter
Exterior Features Fenced, Patio/Balcony
Features No Pool
Flood Zone No
Gas Y/N Individual Meter, SW Gas
Geo Lat 33.476354
Geo Lon -112.042084
Heating Natural Gas
Map Code/Grid P35
Net Income 42960.00
New Financing 1031 Exchange, Conventional, Seller May Carry
Owner Pays Sewer, Trash Collection, Water
Parking 1 Space/Unit, Carport, Street Parking
Property Type F
Roof Built-Up
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Street Name VIRGINIA
Subdivision Greenfield Acres
Tax Municipality Phoenix
Taxes 1361.00
Tenant Pays Cable TV, Electric, Gas
Water City Franchise
Year Built 1971
Zoning Multi-Family

Interior Features

2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 667
Appliances Included Dishwasher, F/S Oven/Range, Refrigerator
Floors Ceramic Tile
Street Suffix Avenue
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 4.00
Lot Size Dimensions 72x152x72x152
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85006

Price
AVG $1.29M
$730K
Taxes
AVG $1,792
$1,361
Visits
AVG 28
2
Year Built
AVG 1960
1971

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.