1904 E Maryland Avenue, Phoenix, AZ 85016

$1,850,000
22
BD
18
BA
List Price
$1,850,000
Status
ACTIVE
Days on Market
19
MLS#
7095479
City
Phoenix
Bedrooms
22
Bathrooms
18
Year Built
1963

Property Description

The property does not have a lock box. The property is centrally located in the Biltmore/Arcadia area next to central and downtown corridor of Phoenix. It has an easy access to I 51, I 17, and interstate 10. It has an easy access to the Light Rail Stop at 16th St and Maryland Ave. The apartments are individually metered for electricity. They are single story, block construction. The laundry is on the premises. There are 5 parcels. Tax number parcels are: 164-36-015B, 164-36-015C, 164-36-015D, 164-36-015S, 164-36-015T.

Additional Information

Taxes
$3,190
Net Operating Income
$85,808
Cap Rate
4.64
Units
18
Parking Features
Paved, >1 Space Per Unit
Construction
Block, Painted
Roofing
Concrete
Cooling
Heat Pump, Ceiling Fan(s)
Heating
Electric, Heat Pump, Varies by Unit
Zoning
R-3
Subdivision
Granada Park
Community Features
No Pool
Electric
SRP
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity, Cable TV
New Financing
Conventional, 1031 Exchange, Cash

Courtesy of Realty ONE Group. 602-953-4000

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