1613 W Mountain View Road, Phoenix, AZ 85021

$435,000
List Price
$435,000
Status
UCB (UNDER CONTRACT-BACKUPS)
Price Change
▼ $14,000 1697000499
Days on Market
113
MLS#
6592371
City
Phoenix
Year Built
1947

Property Description

Don't miss this amazing investment opportunity! Two remodeled units with an Amazing 7.8% Cap Rate! PLEASE DO NOT DISTURB TENANTS. Fully permitted, and zoned for additional units. Easy management and fully leased with tenants paying utilities and landscape maintenance. The main detached unit is 1,217sqft, 1 Bed/1Bath, den/office, open family room. Studio House is a 354sqft detached unit with full Kitchen and Bath. The units have private yards/entrances. In addition to the 2 dwellings, you also have a separate building for shared laundry and another for extra storage! Freshly updated inside and out. Too many upgrades to list here. No Sign on property. Tenants in residence till June 2024.

Additional Information

Gross Annual Sch Inc
35400
Adjusted Gross Inc
35046
Taxes
$1,302
Annual Ins Exp
1200
Annual Maint Exp
850
Operating Exp
3352
Net Operating Income
$33,350
Units
2
Project Type
Duplex
Construction
Block, Frame - Wood
Roofing
Comp Shingle
Parking
>1 Space Per Unit, Assigned, Free, Street Parking
Cooling
Central A/C, Electric, Window/Wall Unit
Heating
Central, Electric, Window/Wall Unit(s)
Floors
Ceramic Tile
Interior Amenities
Unfurnished, Water Softener(s)
Exterior Amenities
Fenced, Separate Storage
Zoning
R-4
Subdivision
Mountain View Acres
Community Amenities
No Pool, Sport Court
Electric
APS
Gas
SW Gas
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric, Gas, Landscaping, Sewer, Trash, Water
New Financing
1031 Exchange, Conventional, FHA, No Carry, VA
Elementary School
Mountain View Elementary School
Middle School
Mountain View Elementary School
High School
Sunnyslope High School
School District
Glendale Union High School District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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