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Phoenix, Arizona

$1,495,000Active

Phoenix, Arizona 85020
Gerchick Real Estate - MLS® ID: 5539279

Property Details

Phoenix, Arizona 85020 - PM HAS RAISED RENTS AND THERE ARE ONLY THREE VACANCIES AT THIS TIME!!! This property is in the process of converting the office to another studio unit which will make 26 units. Part of the building (7) units are master metered but the tenants have a reimbursement program in their lease. Property has a good rental history and a good maintenance history. Buyer to verify all FACTS. No access to units without accepted contract. The Documents tab has current rent role . All numbers are proforma numbers. Again well cared for and stabilized with room to STILL grow rents.

Amenities

  • Zip85020
  • CountyMaricopa
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeMultiFamily
  • School districtPhoenix Elementary District
  • Elementary schoolSunnyslope Elementary School
  • Junior highSunnyslope Elementary School
  • High schoolSunnyslope High School
  • Year built1980
  • Lot sizeRectangular
  • SewerSewer - Public
  • HeatingCeiling Fan(s)
  • CoolingIndividual
  • ParkingPaved Parking
  • Tax amount$2,953.00
  • Office IDgerc01
  • Agent IDlg056
  • Agent nameLinda S Gerchick
  • MLS® ID5539279

Broker: Gerchick Real Estate

Listing Courtesy of Gerchick Real Estate

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“No words that could ever convey my appreciation for your dedication to my child. Have spent the last three days moving the kids into their new home! We are all exhausted, but in a wonderful way. The first night Bela spent there he sent me a text that said “Out swimming in my own pool. Victory!” As parents I’m sure both of you can understand the joy that filled my heart with that text. The first house Bela’s dad and I ever bought was 3 bdrm/1 bath/900sq ft/ and I raised three kids there!!! The “Bales” (as we call them) are starting out at almost 2400 sq feet with a mother in law suite and 3 other bedrooms and bathrooms! Crazy, but wonderful. There are just no words that could ever convey my appreciation for your dedication to my child. (and the crazy redhead)? Tired, exhausted, and sore, but loving you all the while. And I know I speak for everyone. Can’t wait for the housewarming!!! YOU GUYS ROCK!!!!!”

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