614 W Apache Street, Phoenix, AZ 85003

$650,000
Sold Price
$650,000
List Price
$665,000
Status
CLOSED
Closing Date
Mar 18, 2024
Days on Market
186
MLS#
6597965
City
Phoenix
Year Built
1983

Property Description

Fourplex has all 2 bedroom units/ 1 bathroom with dryer/washer hook-up. All the units are rented at an average of $1000/month. Great opportunity to own and manage 4 units in the heart of Phoenix downtown!

Additional Information

Taxes
$1,274
Net Operating Income
$44,000
Cap Rate
6.47
Units
4
Flooring
Ceramic Tile, Vinyl
Parking Features
>1 Space Per Unit
Construction
Siding, Painted, Stucco, Frame - Wood
Roofing
Composition
Cooling
Individual, Electric
Heating
Individual, Heat Pump, Electric
Zoning
Multi
Subdivision
Saguaro Tract
Community Features
No Pool
Electric
APS, Individual Meter
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
No Carry, Conventional, 1031 Exchange, FHA, VA Loan
Elementary School
Silvestre S Herrera School
Middle School
Silvestre S Herrera School
High School
Central High School
School District
Phoenix Union High School 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 West USA Realty. Selling Office: Grace CRE.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.