2844 E Monte Cristo Avenue, Phoenix, AZ 85032

$569,900
8
BD
8
BA

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List Price
$569,900
Status
ACTIVE
Price Change
▼ $28,100 1790282814
Days on Market
535
MLS#
6855967
City
Phoenix
Bedrooms
8
Bathrooms
8
Year Built
1982

Property Description

4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & 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 H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are 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
$32,395
Cap Rate
5.68
Units
4
Flooring
Ceramic Tile
Parking Features
1 Space/Unit, Carport, Assigned
Construction
Wood Frame, Painted, Stucco
Roofing
Tile, Built-Up, Foam
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
Sewer
Public Sewer
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

Courtesy of ROI Asset Management Solutions. 602-770-8063

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