1605 W Osborn Road

    Phoenix, AZ 85015
    • $950,000
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 6049561
    $950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Description

    Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. This property offers investors a potential upside bringing under market rental rates to current market stabilization. All units were renovated in late 2017 and 2018.New plumbing and electric, kitchens with quartz countertops, Flooring, appliances, sewer line, Tubs refinished,All doors replaced, maintenance free artificial turf, community laundry maintained by Wash Multifamily providing additional income.

    Monthly Payment Calculator



    © 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 The Everest Team at eXp Realty. Data last updated 2020-06-04T00:11:03.46.
    www.theeverestteam.com/homes/104111458

    1605 W Osborn Road Phoenix, AZ 85015

    • Price: $950,000
    • Status: Active
    • MLS #: 6049561
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1953
    Built
    Neighborhood:
    College Homes
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    008 - Osborn Elementary District
    Property Description
    Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. This property offers investors a potential upside bringing under market rental rates to current market stabilization. All units were renovated in late 2017 and 2018.New plumbing and electric, kitchens with quartz countertops, Flooring, appliances, sewer line, Tubs refinished,All doors replaced, maintenance free artificial turf, community laundry maintained by Wash Multifamily providing additional income.
    Exterior Features

    Construction Block Construction Finish Stone Covered Parking Spaces 3.00 Lot Size Dimensions 15576 Parking AttachedCarportPaved Parking Roads AlleyDedicated Street Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 800 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/Range Cooling Other (See Remarks) Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Vinyl/Composition Heating Other (See Remarks)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 875.00 2 Bedroom Units 6 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 62700.00 Annual Elec Exp 1242.00 Annual Gas Exp 1586.00 Annual Ins Exp 2441.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 3078.00 Annual Mgmt Exp 3694.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 300.00 Annual Trash Exp 2852.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 64800.00 Hoa YN No Net Operating Income 43680.00 New Financing No CarryOther (See Remarks) Operating Exp 16555.00 Other Income 1200.00 Owner Pays Other Project Type 5 - 12 Units Sale Includes Land & Building Sewer Other (See Remarks) Source Of Financial Data Projected Proforma Tax Municipality Maricopa - County Taxes 1362.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.05 Water Other Zoning M-H

    Listing courtesy of Commercial R E Consultants.


    © 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 The Everest Team at eXp Realty. Data last updated 2020-06-04T00:11:03.46.
     
    The Everest Team at eXp Realty
    4921 S. Alma School Rd.
    Chandler AZ, 85248