3601 W Melvin Street, Phoenix, AZ 85009
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 22
- MLS#
- 6629922
- City
- Phoenix
- Year Built
- 1946
Property Description
Please do not disturb the tenants...- 11 unit value add apartment building- Seller Financing - 10 - 1bed/1bath- 1 - 2bed/1bathSELLER FINANCING TERMS Purchase Price: $1,500,000Down Payment: $375,000 or moreCarry amount: $1,125,000Interest rate: 5%Amortization : 30 years amortizationBalloon payment: 5 years
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Additional Information
- Gross Annual Sch Inc
- 113235
- Adjusted Gross Inc
- 106440
- Taxes
- $1,547
- Operating Exp
- 1547
- Net Operating Income
- $20,000
- Units
- 11
- Project Type
- 5 - 12 Units
- Construction
- Block
- Roofing
- Other (See Remarks)
- Parking
- 1 Space/Unit
- Cooling
- Ceiling Fan(s), Central A/C, Window/Wall Unit
- Heating
- Other
- Floors
- Other
- Exterior Amenities
- Fenced
- Zoning
- R-3
- Community Amenities
- No Pool
- Electric
- APS, SRP
- Gas
- City Gas, SW Gas
- Water
- Submetered System
- Sewer
- Sewer - Public
- Tenant Pays
- Other (See Remarks)
- New Financing
- Conventional, Seller May Carry
- School District
- Phoenix Union High School District
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Listing courtesy of Orion Investment 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.