1825 E Harvard Street, Phoenix, AZ 85006

$1,060,000
List Price
$1,060,000
Status
ACTIVE
Days on Market
15
MLS#
6715612
City
Phoenix
Year Built
1958

Property Description

Completely renovated from A-Z with strong cash flow. This charming four-unit community offers more bang for the buck. Ideally situated in the 85006 zip near Phoenix Children's Hospital, the Coronado & Garfield districts, Phoenix Country Club, & the 51. The unit mix consists of a single-family home with 831sf that has 2 bed/2 baths, built in 1930, & a triplex built in 1958. The triplex has one 2 bed/1 bath unit that is 787sf, along with two 1 bed/1 bath units that are each 656sf. Total of 2930sf or $362/sf. Rents/extras are #1 $1868; #2 $1543; #3 $1431; & #4 $1723. Huge 12,441 sf lot. Excellent curb appeal & ample parking. Operating at a 6.12 CAP+/-. Fully renovated, fully stabilized. Pride of ownership is evident throughout. Why buy a partially finished complex when this is available?

Additional Information

Taxes
$1,328
Net Operating Income
$64,917
Cap Rate
6.12
Units
4
Flooring
Other, Ceramic Tile, Vinyl, Wood
Parking Features
Other (See Remarks), Paved Parking, Assigned, >1 Space Per Unit
Construction
Painted, Stucco, Block, Frame - Wood
Roofing
Composition
Cooling
See Remarks, Individual, Heat Pump, Electric
Heating
See Remarks, Individual, Heat Pump, Electric
Zoning
R-3
Subdivision
Greenfield Acres Tract 2
Community Features
Other
Electric
Other (See Remarks), APS, Individual Meter
Water
City Franchise, Master Meter
Sewer
Sewer-In & Connected, Public Sewer
Tenant Pays
See Remarks
New Financing
Other (See Remarks), Conventional, 1031 Exchange
School District
Phoenix Union High School District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler.

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