3311 E Cambridge Avenue, Phoenix, AZ 85008
- $650,000
- 5
- BD
- List Price
- $650,000
- Status
- ACTIVE
- Days on Market
- 4
- MLS#
- 7081367
- City
- Phoenix
- Bedrooms
- 5
- Year Built
- 1940
Property Description
5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vinyl flooring throughout, ceiling fans. Gross monthly revenue on this building is $5296 w/ good refundable sec dep on all units. One unit is vacant. All units individually metered for electric and gas--all paid by tenant. Some units have covered parking. Tenants each pay an equal share of common area utility bills. Great location--close to bus routes and near The Phoenix Zoo, Phoenix Sky Harbor, Perry Park, AZ-51, and AZ- Loop 202. Shopping, and food/drink close by!
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Additional Information
- Taxes
- $685
- Net Operating Income
- $51,502
- Cap Rate
- 7.92
- Units
- 5
- Parking Features
- Carport, <1 Space Per Unit, On Street, Assigned
- Construction
- Wood Frame, Painted, Siding
- Roofing
- Composition
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Central
- Zoning
- R2
- Subdivision
- Taber Tract
- Community Features
- No Pool
- Electric
- Individual Meter, SRP
- Water
- City Franchise
- Sewer
- Sewer - Public, Sewer-In & Connected
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
- New Financing
- Conventional, Cash
- Elementary School
- Monte Vista Elementary School
- Middle School
- Monte Vista Elementary School
- High School
- Camelback High School
Courtesy of Market Edge Realty, LLC. 480-382-9681
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