2145 W Mariposa Street, Phoenix, AZ 85015

$560,000
6
BD
3
BA

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List Price
$560,000
Status
ACTIVE
Days on Market
1
MLS#
7090478
City
Phoenix
Bedrooms
6
Bathrooms
3
Year Built
1984

Property Description

Central Phoenix Triplex with all 2-bedroom units in a quiet pocket. Attractive post-1980 construction (1984), 6.11 CAP +/- with the ability to increase with the 3rd unit upgrading. The 2-bedroom units are around 739 sq ft each. Solid neighborhood near GCU in the Westwood Subdivision, just south of Camelback. 2 of the 3 units are fully remodeled with market rents ($1511/$1250 - both occupied). The 3rd unit has classic features & is currently vacant, Two units on the main level with the 3rd unit on the 2nd floor. Ample paved surface parking. Corner lot. Shared alley offers options. 1st floor units have private patios. Separate laundry room w/ washer/dryer.

Additional Information

Taxes
$1,334
Net Operating Income
$34,223
Cap Rate
6.11
Units
3
Flooring
Other
Parking Features
Other, Paved, >1 Space Per Unit
Construction
Wood Frame, Painted, Stucco
Roofing
Other
Cooling
Heat Pump, Electric
Heating
Electric, Heat Pump, Other
Zoning
R-3
Subdivision
Westwood
Community Features
Other, See Remarks
Electric
SRP
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity, See Remarks
New Financing
Conventional, Cash

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

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