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    925 E Mckinley Street

    Phoenix, AZ 85006
    • $835,000
    • STATUS: Active
    • ON SITE: 207 days
    • MLS #: 6045754
    UPDATED: 76 min ago
    $835,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1916
    County:
    Area:

    School Ratings & Info

    Description

    SELLER FINANCING LOW INTEREST ONLY PAYMENTS!!!!!! Beautiful Garfield historic district 6 plex come and grab a piece of Phoenix history. Are you looking for value add??? This property will allow you to build 4-6 additional units per zoning. You can add units and cash flow during construction. 5 of 6 units have been updated with fresh paint, new fixtures counter tops and appliances. Complex perfect for student housing University of Arizona Medical School less than a half mile away. Owner wants it sold bring your offers!!!!See attached documentsOne of the sellers is a licensee in the state of AZ.$835,000 $295k down (35%) 5.75% interest only 3.5 year carry No prepayment penalty Serviced through Westar 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 2020-09-29T14:12:57.54.
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    925 E Mckinley Street Phoenix, AZ 85006

    • Price: $835,000
    • Status: Active
    • Updated: 76 min ago
    • MLS #: 6045754
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1916
    Built
    Neighborhood:
    Highland Add. Lots 93-102
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    SELLER FINANCING LOW INTEREST ONLY PAYMENTS!!!!!! Beautiful Garfield historic district 6 plex come and grab a piece of Phoenix history. Are you looking for value add??? This property will allow you to build 4-6 additional units per zoning. You can add units and cash flow during construction. 5 of 6 units have been updated with fresh paint, new fixtures counter tops and appliances. Complex perfect for student housing University of Arizona Medical School less than a half mile away. Owner wants it sold bring your offers!!!!See attached documentsOne of the sellers is a licensee in the state of AZ.$835,000 $295k down (35%) 5.75% interest only 3.5 year carry No prepayment penalty Serviced through Westar Mortgage
    Exterior Features

    Construction Brick Construction Finish Brick Trim/VeneerPaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 6875 Parking 1 Space/UnitFreePaved Parking Roads Concrete Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 500 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 Disposal Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 350 Efficiency Unit Baths 1 Floors Vinyl/Composition Heating Electric Interior Amenities Fire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 950.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 64656.48 Annual Elec Exp 500.00 Annual Gas Exp 0.00 Annual Ins Exp 2400.00 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 500.00 Community Amenities No Pool Cross Street 7th St. & Roosevelt Efficiency Unit Avg Rent 900.00 Efficiency Units 4 Electric Aps Gas None Gross Annual Sch Inc 65976.00 Hoa YN No Net Operating Income 60599.00 New Financing 1031 ExchangeConventionalSeller May CarryTradeWraparound Operating Exp 4989.00 Other Income 0.00 Owner Pays Water Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1589.00 Tenant Pays Electric Totl Mnth Rntal Inc 5498.00 Vacancy Allowance 0.02 Water City Franchise Zoning R-5

    Listing courtesy of Paramount Management & Realty, Llc.


    © 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 2020-09-29T14:12:57.54.
     
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    Scottsdale AZ, 85260