2844 E Monte Cristo Avenue, Phoenix, AZ 85032

$598,000

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List Price
$598,000
Status
ACTIVE
Price Change
▼ $27,000 1781929547
Days on Market
480
MLS#
6855967
City
Phoenix
Year Built
1982

Property Description

Fourplex FOR SALE in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/ W/D hookups. Each unit has outdoor space w/ either a ground level patio or a balcony. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/ fob entry. 3 of 4 units occupied w/ good paying tenants, all MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

Additional Information

Taxes
$1,439
Net Operating Income
$30,417
Cap Rate
5.09
Units
4
Flooring
Ceramic Tile
Parking Features
1 Space/Unit, Carport, Assigned
Construction
Wood Frame, Painted, Stucco
Roofing
Tile, Built-Up, Foam, Rolled/Hot Mop
Cooling
Central Air, Electric
Heating
Central
Zoning
PAD-13
Exterior Features
Sidewalk(s)
Subdivision
Greenway Manor
Community Features
Pool
Electric
Individual Meter, SRP
Water
City Franchise, Individual Meter
Tenant Pays
Water, Sewer, Electricity, Trash Collection
New Financing
Cash to Loan, VA Loan, FHA, Conventional, 1031 Exchange, No Carry, Cash
Elementary School
Palomino Primary School
Middle School
Palomino Intermediate School
High School
Paradise Valley High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ROI Asset Management Solutions.

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