1808 E Yale Street, Phoenix, AZ 85006
- $1,290,000
- Sold Price
- $1,290,000
- List Price
- $1,290,000
- Status
- CLOSED
- Closing Date
- Nov 29, 2023
- Days on Market
- 139
- MLS#
- 6579638
- City
- Phoenix
- Lot Size
- 2
- Year Built
- 1925
Property Description
Fully operating short term rental with IMPRESSIVE numbers & great property manager. All furniture and finishes included. 4 separate buildings on 24,000 sf lot. Lot is 85 x 282, so based on rough calculations, and city confirms, between 8-9 units could be built pending approvals from city. Access from 2 streets Virginia Ave & Yale. Could split lot. So many options. Unique Opportunity. NO HOA. Main house 1342sf 3-bed/2-bath , Unit 2 540sf 2 bed/1 bath, Unit 3 & 4 507sf 1bed/1bath casitas. Each unit has a their own fenced in backyard. Property Manager 10% and does a great job. You are not just buying the real estate, you are buying a fully operating Airbnb. Check out the financials. Near 5 major hospital. Ideal location for Traveling Nurses. Could build more units
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Additional Information
- Gross Annual Sch Inc
- 120000
- Adjusted Gross Inc
- 120000
- Taxes
- $1,027
- Annual Ins Exp
- 3600
- Annual Mgmt Exp
- 12000
- Annual Elec Exp
- 3270
- Annual Gas Exp
- 840
- Annual Water Sewer Exp
- 1524
- Annual Landscape Exp
- 2400
- Operating Exp
- 24661
- Net Operating Income
- $87,992
- Units
- 4
- Project Type
- Four Plex
- Construction
- Block, Frame - Wood
- Roofing
- Comp Shingle
- Parking
- >1 Space Per Unit, Assigned, Paved Parking
- Cooling
- Ceiling Fan(s), Electric
- Heating
- Central, Electric
- Floors
- Ceramic Tile, Vinyl
- Interior Amenities
- Drapes, Fire/Smoke Alarm(s), Furnished
- Exterior Amenities
- Partially Fenced, Patio/Balcony
- Zoning
- R-3
- Subdivision
- Greenfield Acres Tract 2
- Community Amenities
- No Pool
- Electric
- APS
- Gas
- SW Gas
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV, Electric, Gas
- New Financing
- 1031 Exchange, Conventional, FHA, No Carry, VA
- School District
- Phoenix Union High School District
Mortgage Calculator
Listing courtesy of eXp Realty. Selling Office: Jason Mitchell Real Estate.
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.