1714 N 32nd Street, Phoenix, AZ 85008

$950,000
List Price
$950,000
Status
ACTIVE
Days on Market
5
MLS#
6339948
City
Phoenix
Year Built
1950

Property Description

HUGE INVESTMENT OPPORTUNITY. This 18,000+ SF lot is zoned R-3. Current 5-plex is fully occupied and cash flowing while you plan and permit your new development. Highly desirable area just north of McDowell on 32nd St. Potential to build higher density for rental or resale.

Additional Information

Gross Annual Sch Inc
41457
Adjusted Gross Inc
39798
Taxes
$1,804
Annual Ins Exp
1100
Annual Mgmt Exp
1200
Annual Maint Exp
2800
Annual Water Sewer Exp
1600
Annual Trash Exp
2000
Operating Exp
10504
Net Operating Income
$30,300
Units
5
Project Type
5 - 12 Units
Construction
Brick
Roofing
Tile
Parking
<1 Space Per Unit
Cooling
Window/Wall Unit
Heating
Window/Wall Unit(s)
Floors
Concrete
Zoning
R-3
Community Amenities
No Pool
Electric
City Electric
Gas
City Gas
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Electric, Gas
New Financing
1031 Exchange, Conventional
Elementary School
Creighton Elementary School
School District
210 - Phoenix Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Silverhawk Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.