x
Price Reduction
Address
4217 N 27Th Street Phoenix, AZ
Price
$ 530,000
Property Attributes
  • MLS#5990776
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCitrus Heights Lots 10-33
  • Zip85016
  • Style
  • Year Built1980
  • Taxes1752
  • Price$ 530,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2200
Listing Provided Courtesy Of:
Axis Property Advisors
Property Description

Duplex property on 8100 SF, medium density multi-family lot in Arcadia Lite one of the HOTTEST multi-family markets in Metro Phoenix! This duplex consists of a ground level and basement level unit. Both units are 2 bedroom, 2 bathroom units and have been updated and remodeled in the past 4 years to include new flooring, kitchens, paint, etc.. Currently both unit are rented on 1 year or less terms and professionally managed. Great opportunity for a buy and hold investment or development deal. Medium density zoning up to 17 units/acre (attached). CAP rate includes prop taxes. Do Not Disturb Tenants.

Elementary School Middle School High School
Madison Camelview Elementary Madison Park School Middle School Camelback High School
Price History
10/11/2019 Listed $549,000
11/26/2019 4% - $530,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1325.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Elementary School Madison Camelview Elementary
Features Other (See Remarks)
High School Camelback High School
Map Code/Grid P35
Middle School Madison Park School
Net Income 27648.00
New Financing Conventional, 1031 Exchange, VA, No Carry
Owner Pays Water, Sewer, Trash
Parking Free, Paved Parking
Property Type F
Public Remarks Duplex property on 8100 SF
School District 038 - Madison Elementary District
Status Active
Subdivision CITRUS HEIGHTS LOTS 10-33
Tenant Pays Electric, Gas, Cable TV, Landscaping
Year Built 1980
Zoning R-3, M-M

Interior Features

2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 1100
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
Cooling Central A/C, Electric Refrigeratd, 2 or More Units
Electric Individual Meter, SRP
Floors Vinyl/Composition
Gas SW Gas
Heating 2 or More Units, Gas, Ceiling Fan(s)
Total Number of Units 2.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 0.00
Exterior Features Cable TV Available, Patio/Balcony
Lot Size Dimensions 60.5 x 120 (8100SF, @ 10, 000SF with easements)
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 4.00
Water City Franchise

Amenities

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

Property vs Zip Code Average in 85016

Price
AVG $1.44M
$530K
Taxes
AVG $3,586
$1,752
Visits
AVG 97
104
Year Built
AVG 1958
1980

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