2814 E Kathleen Road, Phoenix, AZ 85032

$670,000
List Price
$670,000
Status
UCB (UNDER CONTRACT-BACKUPS)
Price Change
▼ $5,000 1657934622
Days on Market
60
MLS#
6415058
City
Phoenix
Lot Size
4
Year Built
1982

Property Description

Excellent Investment Opportunity! This 4 plex, single building multi-family investment consists of 2 - 3 Bed 2 bath units, 1 - 1 Bed 1 bath unit, and 1 - 3 bed 2 bath unit. Building features include updated heating and air, well maintained and professionally managed, stable rent with room to improve to market rates. The complex itself features multiple play areas, a pool and community center. Sellers will be using 1031 exchange. Call with any questions. No showings, drive by only until accepted contract.

Additional Information

Gross Annual Sch Inc
43557
Adjusted Gross Inc
43557
Taxes
$1,330
Annual Ins Exp
1693
Annual Owner Assoc Fee
8514
Operating Exp
11537
Net Operating Income
$32,019
Units
4
Project Type
Four Plex
Construction
Frame - Wood
Roofing
Foam, Rolled, Tile
Parking
1 Space/Unit, Add'l Parking Avail, Carport
Cooling
Ceiling Fan(s), Electric, Heat Pump, Individual
Heating
Central
Floors
Carpet, Ceramic Tile, Vinyl
Interior Amenities
Fire/Smoke Alarm(s), Mini Blinds, Unfurnished, Vertical Blinds
Exterior Amenities
Fenced, Green Landscaping, Landscape Wtr System
Zoning
PAD-13
Subdivision
Palomino Point
Community Amenities
Barbecue, Clubhouse, Play Area, Pool
Electric
APS
Gas
SW Gas
Water
City Franchise, Individual Meter
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric, Gas, Water
New Financing
1031 Exchange, Conventional, FHA
Elementary School
Palomino Primary School
Middle School
Greenway Middle School
High School
Greenway High School
School District
069 - Paradise Valley Unified 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 North & Co.

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.