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    1442 E Polk Street

    Phoenix, AZ 85006
    • $725,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 6111613
    UPDATED: 26 min ago
    $725,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    WOW! Rare opportunity for a fully occupied 6-Plex on over half acre lot. The well-maintained complex consists of 5 structures (duplex on street facing) with a mix 3X 1bed/1bath, 2x 2bed/1bath, 1x 3bed/2bath. Current rent total $4,187 with several units below market rate (tenants also pay own electric). Two units have new HVACs, and several have new/newer water heaters. Most units have been refreshed within the last two years. Opportunity for owner to take over and immediately increase rent. Several units have washer/dryer hookup ready to go. Alternatively, there is a laundry room available for new owner to easily retrofit and generate additional income stream. OR redevelop this property into your ideal multifamily property. The possibilities are endless!The property is also perfectly situa

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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 Maison DeBlanc Real Estate. Data last updated 2020-09-28T10:12:01.81.
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    1442 E Polk Street Phoenix, AZ 85006

    • Price: $725,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 6111613
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1946
    Built
    Neighborhood:
    Germania Place Lots 1, 2, 12, 13
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    WOW! Rare opportunity for a fully occupied 6-Plex on over half acre lot. The well-maintained complex consists of 5 structures (duplex on street facing) with a mix 3X 1bed/1bath, 2x 2bed/1bath, 1x 3bed/2bath. Current rent total $4,187 with several units below market rate (tenants also pay own electric). Two units have new HVACs, and several have new/newer water heaters. Most units have been refreshed within the last two years. Opportunity for owner to take over and immediately increase rent. Several units have washer/dryer hookup ready to go. Alternatively, there is a laundry room available for new owner to easily retrofit and generate additional income stream. OR redevelop this property into your ideal multifamily property. The possibilities are endless!The property is also perfectly situa
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert Landscaping Lot Size Dimensions 24134 Parking >1 Space Per Unit Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Heat PumpWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic Tile Heating Ceiling Fan(S)ElectricGas Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 600.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 667.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1000.00 3 Bedroom Units 3 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 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 No Pool Cross Street 16th Street And Van Buren Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional Operating Exp 2131.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type DuplexOther (See Remarks) Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Accept Backups (Clo)Owner/Agent Tax Municipality Phoenix Taxes 2131.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City Franchise Zoning Rental

    Listing courtesy of Arizona Elite Properties.


    © 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 Maison DeBlanc Real Estate. Data last updated 2020-09-28T10:12:01.81.
     
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    Scottsdale AZ, 85260