1714 N 32nd Street, Phoenix, AZ 85008
- $649,000
- List Price
- $649,000
- Status
- UCB (UNDER CONTRACT-BACKUPS)
- Days on Market
- 17
- MLS#
- 6508813
- City
- Phoenix
- Year Built
- 1950
Property Description
Amazing investment opportunity. Fully occupied 5 plex with MAXIMUM flexibility. All 5 units are month to month with below market rent. HUGE 18,000+ SF lot zoned R-3. Build on the back of the lot while you collect rents from the front or leave property as it is and cash flow. New roof (2021) and the 2BR unit was renovated in fall of 2022 with all new flooring, bathroom and kitchen. Highly desirable neighborhood for rental properties with a central location and close to Biltmore, Arcadia, the 202 freeway, Sky Harbor, and Downtown Phoenix. So much upside on this property.
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Additional Information
- Gross Annual Sch Inc
- 41457
- Adjusted Gross Inc
- 39798
- Taxes
- $1,761
- Annual Ins Exp
- 1100
- Annual Mgmt Exp
- 1200
- Annual Maint Exp
- 2800
- Annual Water Sewer Exp
- 1600
- Annual Trash Exp
- 2000
- Operating Exp
- 10461
- 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
- Phoenix Union High School District
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Listing courtesy of Silverhawk Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.