2126 W Orangewood Avenue W

    Phoenix, AZ 85021
    • $620,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 6056160
    Price Reduced
    UPDATED: 40 min ago
    $620,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Sought after North Central location for this 5 unit/3 building complex. 100% occupied/rents collected! Huge 16,530 SF lot with attractive fenced in-ground pool. The offering includes a 1092 SF 3 bed/2 bath house in back next to the pool; three 2 bed units (622 SF ave); & one 1 bed unit (470 SF). Rents are below market. Units are easy to rent. Tenants pay electric/gas, owner w/s/t. HVAC's. This complex offers an attractive value-add opportunity. Several upgrades have been completed since 2016. The property offers nice curb appeal with ample parking. Well-maintained w/ a strong onsite caretaker in place. No showings until escrow, please do not disturb tenants. Buyer to complete & rely on own due diligence. Local owner that self-manages. OM upon request. *OFFERS CONSIDERED!

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2020-05-28T21:12:18.22.
    www.melindamurphy.com/homes/104514008

    2126 W Orangewood Avenue W Phoenix, AZ 85021

    • Price: $620,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 6056160
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    Vista Income Estates 2
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    Sought after North Central location for this 5 unit/3 building complex. 100% occupied/rents collected! Huge 16,530 SF lot with attractive fenced in-ground pool. The offering includes a 1092 SF 3 bed/2 bath house in back next to the pool; three 2 bed units (622 SF ave); & one 1 bed unit (470 SF). Rents are below market. Units are easy to rent. Tenants pay electric/gas, owner w/s/t. HVAC's. This complex offers an attractive value-add opportunity. Several upgrades have been completed since 2016. The property offers nice curb appeal with ample parking. Well-maintained w/ a strong onsite caretaker in place. No showings until escrow, please do not disturb tenants. Buyer to complete & rely on own due diligence. Local owner that self-manages. OM upon request. *OFFERS CONSIDERED!
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert LandscapingOther (See Remarks)Partially FencedRv/Boat Parking Lot Size Dimensions 16530 Parking >1 Space Per UnitPaved Parking Roads AsphaltDedicated Street Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 470 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 622 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1092 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating Gas Interior Amenities Fire/Smoke Alarm(S)Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 535.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 732.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 1250.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 49080.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities Pool(S) Cross Street 21 AVE/ORANGEWOOD Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 48000.00 Hoa YN No Net Operating Income 0.00 New Financing 1031 ExchangeConventional Operating Exp 1492.00 Other Income 1080.00 Other Type Packaged Offering Owner Pays LandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Pool Equipment Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 1492.00 Tenant Pays Cable TvElectricGas Totl Mnth Rntal Inc 0.00 Vacancy Allowance 0.00 Water City Franchise Zoning R3

    Listing courtesy of Platinum Living Realty.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2020-05-28T21:12:18.22.
     
    Keller Williams Biltmore Partners - Lifestyle Partners Team
    2920 E Camelback Rd
    Phoenix AZ, 85016