1922 E MARYLAND Avenue, Phoenix, AZ 85016

$950,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $950,000 Last Modified: 5/06/2025

Overview

Description

LOCATION!! LOCATION!! LOCATION!! PRIDE OF OWNERSHIP PRESTINELY MAINTAINED!!! VERY PRIVATE COMPLEX 5 - 2BD, 1BA, UNITS WITH ADDITIONAL 2 BD 2 BA HOUSE IN THE HEART OF CENTRAL PHOENIX! CURRENT RENTS ARE UNDER-MARKET VALUE FOR THE AREA. BLOCK CONSTRUCTION -EASY ACCESS TO HWY 51 - SHOPPING - GRANADA PRAK - WALKING TRAILS

Listing Details MLS# 6575478

Location, Tax & Legal

Map Code/Grid
N35
House Number
1922
Compass
E
Street Name
MARYLAND
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
Zip4
1400
Country
US
County Code
Maricopa
Assessor Number
164-36-014-K
Tax Year
2022
Assessor's Map #
36
Legal Description (Abbrev)
FR SE COR NW4 TH S 89D 23M 30SC W 342.09F TO POB TH N 444.71F TO TO E SLOPE ARIZ CANAL S 47D 41M E 5
Assessor's Parcel #
14
Assessor Parcel Ltr
K
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
106400
Taxes
5399
Legal
FR SE COR NW4 TH S 89D 23M 30SC W 342.09F TO POB TH N 444.71F TO TO E SLOPE ARIZ CANAL S 47D 41M E 5
Marketing Name
UNKNOWN

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
28,401
Year Built
1977
Uncvrd Parking Spcs
8
Total # of Units
6
# of Buildings
3
Zoning
R-3
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District
Elementary School
Madison #1 Middle School
Jr. High School
Madison #1 Middle School

Remarks Misc

Cross Street
GLENDALE & 20TH ST.
Directions
Glendale Ave. South On 20th St. to Maryland West to Property on Northside

Status Change Info

Off Market Date
2023-08-24
Under Contract Date
2023-07-21
Close of Escrow Date
2023-08-23

Legal Info

Township
2N
Range
3E
Section
10
Lot Number
K

More Information

Income Expenses

Gross Annual Sch Inc
45600
Net Operating Income
15600

2 Bedroom Units

# 2 Bedroom Units
5
Avg Rent
800
Avg SqFt
850
# Baths
Yes

Contact Info

List Agent Home Phn
602-527-6400

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Other Type

House + Rental Units
Yes

Construction

Slump Block
Yes

Const - Finish

Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Building(s) Only
Yes
Land & Building
Yes
Personal Property
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
535
Annual Ins Exp
2200
Annual Landscape Exp
1200
Annual Legal & Acctg
300
Annual Maint Exp
6500
Annual Trash Exp
1472
Annual Wtr/Swr Exp
1800
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
19406
Other Income
0
Vacancy Allowance
0.5
Adjusted Gross Inc
22800
Total Monthly Rental Income
3800

Pmt & Rate Info

Cap Rate
1.01
Equity
1550000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Satellite Dish
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

<1 Space Per Unit
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
No Carry
Yes

Special

Owner/Agent
Yes
Accept Backups (CLO)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Other Type: House + Rental Units Construction: Slump Block Const - Finish: Brick Veneer Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment Community Features: No Pool Exterior Amenities: Satellite Dish Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: <1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Special: Owner/Agent; Accept Backups (CLO) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; No Carry Environmental: None
IDX
Listing Office: HomeSmart
Last Updated: May - 06 - 2025
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