Price Reduction - Seller Financing
Address
2822 W Mcdowell Road Phoenix, AZ
Price
$ 1,695,000
Property Attributes
  • MLS#6184464
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodHarrison Homes
  • Zip85009
  • Style
  • Year Built1950
  • Taxes$ 6594
  • Price$ 1,695,000
  • Bedrooms11
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage4400
Listing Provided Courtesy Of:
Haddad Realty
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Mixed use residential commercial C-3 property with existing master lease tenant with a 4 year lease that expires 11/2023. Listing includes 2 parcels 108-28-045 & 108-28-046. Total lot Sq ft 14520sqft. Self run self managed property with pandemic proof solid tenant that pays all utilities and maintenance repairs on the property. Excellent investment and return for investor seeking headache free investment. 6.1% cap

Price History
1/22/2021 Listed $1,795,000
6/1/2021 2% - $1,765,000
6/1/2021 4% - $1,695,000

General Features

1 Bedroom Units: Avg Rent 950.00
2 Bedroom Units: Avg Rent 1350.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Cooling Window/Wall Unit
Electric APS, Individual Meter
Features No Pool
Gas Y/N None
Heating Electric
Map Code/Grid P33
Net Income 104406.00
New Financing Seller May Carry
Owner Pays None
Parking 1 Space/Unit
Property Type F
Roof Comp Shingle
School District 000 - Out of Area
Sewer Sewer - Public, Sewer-In & Connected
Special Owner/Agent
Status Active
Subdivision HARRISON HOMES
Tenant Pays Electric, Landscaping, Sewer, Trash, Water
Water City Franchise, Master Meter
Year Built 1950
Zoning C3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 7
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 400
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 800
Appliances Included None
Floors Ceramic Tile, Concrete
Total Number of Units 9.00

Exterior Features

Public Remarks Mixed use residential commercial C-3 property with existing master lease tenant with a 4 year lease that expires 11/2023. Listing includes 2 parcels 108-28-045 & 108-28-046. Total lot Sq ft 14520sqft.
Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 120x121
Total Parking Spcs 10.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85009

Price
AVG $640K
$1.7M
Taxes
AVG $1,328
$6,594
Visits
AVG 77
329
Year Built
AVG 1946
1950
Walkscore
AVG 63
63
Data Provided by Walkscore ® not using MLS data

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