746 W Coolidge Street, Phoenix, AZ 85013

$979,000
9
BD
6
BA

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List Price
$979,000
Status
ACTIVE
Price Change
▼ $20,000 1785884146
Days on Market
80
MLS#
7034814
City
Phoenix
Bedrooms
9
Bathrooms
6
Year Built
1949

Property Description

Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 1st position Seller Financing available: 6% i/o & 40% down. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 6.32 cap pro forma w/ very high long-term upside. Under $245/sf-highly competitive.

Additional Information

Taxes
$2,141
Net Operating Income
$61,824
Cap Rate
6.32
Units
4
Flooring
Ceramic Tile, Other
Parking Features
Open, Other, Paved, Carport, >1 Space Per Unit, RV Access/Parking, See Remarks, Detached Carport, Off Street
Construction
Block, Wood Frame, Painted, Wood Siding
Roofing
Composition, Other, Rolled/Hot Mop
Cooling
Heat Pump, Electric, See Remarks
Heating
Electric, See Remarks
Zoning
R3
Subdivision
Income Acres
Community Features
No Pool, See Remarks
Electric
SRP
Water
City Franchise, See Remarks
Sewer
Sewer-In & Connected, See Remarks
Tenant Pays
Electricity, Gas, Cable TV, See Remarks
New Financing
Conventional, Other (See Remarks), Owner May Carry, Cash
Elementary School
Solano School
Middle School
Osborn Middle School
High School
Central High School

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

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