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301 E SOUTHERN Avenue

Phoenix, AZ 85040
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$899,990
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About The Property

THIS INCOME-PRODUCING PROPERTY FEATURES A TOTAL OF 7 RESIDENTIAL UNITS, FOURPLEX HAS 3 UNITS 1 BEDROOM 1 BATH AND ONE STUDIO. TRIPLEX(FRONT BUILDING) HAS 2 UNITS WITH 2 BEDROOMS 1 BATH AND ONE 1 BEDROOM 1 BATH. THE PROPERTY OFFERS PAVED PARKING FOR RESIDENTS AND A GAZEBO AS A COMMON AREA FOR RELAXATION AND COMMUNITY GATHERING. CENTRALLY LOCATED, IT PROVIDES EASY ACCESS TO SHOPPING, BUS AND LIGHT RAIL ROUTES, MAKING COMMUTING CONVENIENT. THE PROPERTY IS APPROXIMATELY 6 MILES FROM THE AIRPORT AND 5 MILES FROM DOWNTOWN PHOENIX, MAKING IT AN IDEAL LOCATION FOR TENANTS SEEKING CONVENIENCE AND ACCESSIBILITY. TOTAL MONTHLY RENT COLLECTED IS $4825.00 2 BUILDINGS 7 UNITS.… Read MoreRead Less
Courtesy of HomeSmart 602-230-7600
Listing Snapshot
Days Online
48
Last Updated
Property Type
Multiple Dwellings
Year Built
1918
MLS Number
6936126
M. Logan
Top 2% performing AZ realtor
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Active
Multifamily
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Additional Details

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Appliances & Equipment
"Refrigerator", "Free-Standing Gas Oven", "Free-Standing Electric Oven"
Building
Built in 1918, Construction materials: "Wood Frame", "Stucco", 7 total units
Cooling
"Ceiling Fan(s)", "Electric"
Expenses
Fuel: $2,174, Insurance: $1,445, Maintenance: $3,434, Water sewer: $6,071
Floors
"Vinyl"
Heating
"Individual"
Parking
">1 Space Per Unit", 18 total parkings
Property
Zoning: R-5
Roof
"Tile"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,174, Lot: N/A
Utilities
"Individual Meter"
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30 Days Snapshot Of 85040
$355k
+11%
(avg) sold price
12
-14%
homes sold
91
-9%
(avg) days on market
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Monthly Payment
$0

Schools In The Area

Check out nearby schools with ratings and contact info.
John F. Kennedy Elementary School 602-232-4220 Public PK-3
C. O. Greenfield School 602-232-4240 Public 4-8
The Academies at South Mountain High School 602-764-5000 Public 9-12
John F. Kennedy Elementary School 602-232-4220 Public PK-3
John F. Kennedy Elementary School 602-232-4220 Public PK-3
C. O. Greenfield School 602-232-4240 Public 4-8
C. O. Greenfield School 602-232-4240 Public 4-8
The Academies at South Mountain High School 602-764-5000 Public 9-12

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