2045 W Washington Street, Phoenix, AZ 85009

$650,000
List Price
$650,000
Status
ACTIVE UNDER CONTRACT
Days on Market
18
MLS#
6685043
City
Phoenix
Year Built
1948

Property Description

4 Unit Apartment Complex on Corner Lot Generating Nearly $4,500 Per Month Over Term of Current Ownership. Updates In Last 5 Years Include Electrical, Plumbing, Windows, Doors, Appliances, Duct Work, Exterior Stucco, AC Units, Granite Countertops and Bathrooms. Unit Mix Consists of 1 Studio Apartment Upstairs, 1 - 1 Bed 1 Bath, 1 - 2 Bed 2 Bath and 1 - 3 Bed 2 Bath Unit. Located Just West of Downtown Phoenix Near Major Freeways For Easy Access To All Parts of Phoenix Metro Area.

Additional Information

Taxes
$1,471
Net Operating Income
$42,000
Cap Rate
6.46
Units
4
Flooring
Ceramic Tile
Parking Features
Street Parking
Construction
Painted, Stucco, Block, Frame - Wood
Roofing
Built-Up
Cooling
Central A/C, Electric
Heating
Central, Electric
Zoning
Multiple
Subdivision
Capitol Addition
Community Features
No Pool
Electric
APS
Water
City Franchise, Master Meter
Sewer
Public Sewer
Tenant Pays
Electricity, Cable TV
New Financing
Conventional
Elementary School
Mary Mcleod Bethune School
Middle School
Mary Mcleod Bethune School
High School
Central High School
School District
Phoenix Union High School District

Mortgage Calculator

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