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    2113 E Osborn Road

    Phoenix, AZ 85016
    • $425,000
    • STATUS: Pending
    • ON SITE: 18 days
    • MLS #: 6129158
    Pending
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    FANTASTIC 100% occupied triplex opportunity in Phoenix! Well maintained units ready for new owner to raise rents. Property offers central gated courtyard, 3 covered parking spaces plus additional alley parking, and private fenced yards & patios. Parking accessible from alley access of 21st St or 22nd St. Current leases are month to month. 1 bedrooms are rented for $500 and the 2 bedroom is $650. Financials below are Pro -Forma for where the market rents are. New owner would have to raise rents to achieve those numbers. Huge demand for rentals would make it easy to rent out! Great opportunity to purchase as an owner occupant with an FHA loan. Live in one of the units and have the tenants pay your mortgage!

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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 2020-09-27T00:11:09.653.
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    2113 E Osborn Road Phoenix, AZ 85016

    • Price: $425,000
    • Status: Pending
    • MLS #: 6129158
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1957
    Built
    Neighborhood:
    Osborn Parkway 1 Lots 21-27
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    014 - Creighton Elementary District
    Property Description
    FANTASTIC 100% occupied triplex opportunity in Phoenix! Well maintained units ready for new owner to raise rents. Property offers central gated courtyard, 3 covered parking spaces plus additional alley parking, and private fenced yards & patios. Parking accessible from alley access of 21st St or 22nd St. Current leases are month to month. 1 bedrooms are rented for $500 and the 2 bedroom is $650. Financials below are Pro -Forma for where the market rents are. New owner would have to raise rents to achieve those numbers. Huge demand for rentals would make it easy to rent out! Great opportunity to purchase as an owner occupant with an FHA loan. Live in one of the units and have the tenants pay your mortgage!
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 3.00 Exterior Amenities Fenced Lot Size Dimensions 66X110 Parking Add'l Parking AvailCarport Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 550 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 933 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherMicrowaveWasher/Dryer Cooling Heat PumpWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Ceiling Fan(S)GasHeat Pump

    Property Features

    1 Bedroom Unit Avg Rent 900.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 1100.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 34800.00 Annual Ownr Asoc Fee 0.00 Community Amenities Other (See Remarks) Cross Street Osborn & 20th St Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 34800.00 Hoa YN No Net Operating Income 28705.00 New Financing 1031 ExchangeConventionalFhaVa Operating Exp 1441.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 1441.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City Franchise Zoning Multi

    Listing courtesy of My Home Group Real Estate.


    © 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 2020-09-27T00:11:09.653.
     
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