10820 N 16th Avenue, Phoenix, AZ 85029
- $675,000
- List Price
- $675,000
- Status
- ACTIVE
- Days on Market
- 101
- MLS#
- 6597710
- City
- Phoenix
- Lot Size
- 4
- Year Built
- 1984
Property Description
This 4plex is priced lower than the recent closings in this community of 20 buildings, as it is subject to LURA. View closed listings MLS 6590298, 6589072 and 6589074 which are priced $795k, $750k and $750k which more than makes up for any shortfall of rents subject to the LURA program. (only 3 of the 4 units)Turnkey 4 plex will be a Nice Addition to Your Portfolio! All units are 2 Beds & 2 Baths w/ Fireplaces & Rent Quickly! New Roof, New Appliances, New A/C's & Exterior Repainted! All Appliances are Landlord Owned & Convey with the Property. The HOA covers Big Ticket Items: HOA paid for the New Roof & Paid for the New Exterior Paint & also maintains the Community Pool, Parking Lot & More! Three tenants are now month to month.
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Additional Information
- Gross Annual Sch Inc
- 63600
- Adjusted Gross Inc
- 63600
- Taxes
- $1,743
- Annual Ins Exp
- 1100
- Annual Mgmt Exp
- 3472
- Annual Water Sewer Exp
- 1200
- Annual Owner Assoc Fee
- 8376
- Operating Exp
- 15891
- Net Operating Income
- $47,709
- Units
- 4
- Project Type
- Four Plex
- Construction
- Frame - Wood
- Roofing
- Built-Up, Tile
- Parking
- Carport, Paved Parking
- Cooling
- Heat Pump, Individual
- Heating
- Electric, Heat Pump, Individual
- Floors
- Carpet, Ceramic Tile, Vinyl
- Exterior Amenities
- Patio/Balcony
- Zoning
- R-3
- Subdivision
- Muy Felices Casas Lt 1-20 Tr A-G
- Community Amenities
- Barbecue, Pool
- Electric
- APS
- Gas
- None
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV, Electric
- New Financing
- 1031 Exchange, Conventional, FHA, No Carry, VA
- School District
- Phoenix Union High School District
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Listing courtesy of Keller Williams Arizona 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.