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2006 N 51ST Street, Phoenix, AZ 85008
$2,600,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,600,000
Last Modified:
1/25/2023
Overview
Description
Supplements: ... (Read more) The Duff is also presented access to a growing culinary scene with hotspots across central Phoenix and Scottsdale featuring one-of-a-kind, local restaurants and nightlife options complemented by the mainstay retail + dining locations of downtown Tempe, Tempe Marketplace, Biltmore Fashion Center, and Scottsdale Fashion Square. Developed in 1985, The Duff is comprised of a complementary mix of two-and three-bedroom floorplans - all units averaging 967 square feet. Future ownership will have the opportunity to capitalize on sustained rental growth due to it's rapidly-improving prime location.
Listing Details MLS# 6300141
Location, Tax & Legal
- Map Code/Grid
- P36
- House Number
- 2006
- Compass
- N
- Street Name
- 51ST
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85008
- Zip4
- 4201
- Country
- US
- County Code
- Maricopa
- Subdivision
- ORANGEDALE TRACT 11,13,14,15
- Assessor Number
- 126-21-007
- Tax Year
- 2021
- Assessor's Map #
- 21
- Legal Description (Abbrev)
- ORANGEDALE TR PT LOT 11 BEG 377.14' E OF SW COR N 115.5' E TO E LI S 115.5' W 271.63' M/L TO BEG EX
- Assessor's Parcel #
- 7
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 111201
- Taxes
- 3532
- Legal
- ORANGEDALE TR PT LOT 11 BEG 377.14' E OF SW COR N 115.5' E TO E LI S 115.5' W 271.63' M/L TO BEG EX
- Marketing Name
- The Duff
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 23522
- Year Built
- 1985
- Uncvrd Parking Spcs
- 3
- Total # of Units
- 9
- # of Buildings
- 2
- Zoning
- R-3
- Elementary School District
- Balsz Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Orangedale Junior High Prep Academy
- Jr. High School
- Orangedale Junior High Prep Academy
- High School
- Camelback High School
Remarks Misc
- Cross Street
- 51st Street & McDowell
Status Change Info
- Off Market Date
- 2021-12-26
- Under Contract Date
- 2021-12-26
- Close of Escrow Date
- 2022-03-31
Legal Info
- Township
- 2N
- Range
- 4E
- Section
- 32
- Lot Number
- 11
More Information
Income Expenses
- Gross Annual Sch Inc
- 153908
2 Bedroom Units
- # 2 Bedroom Units
- 8
- Avg Rent
- 1400
- Avg SqFt
- 862
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 1400
- # Baths
- 2
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
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Gas Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Trash Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 3532
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 146212.6
Pmt & Rate Info
- Equity
- 2650000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
- Central
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Fenced
- Yes
- Partially Fenced
- Yes
- Cable TV Available
- Yes
- Patio/Balcony
- Yes
- Separate Storage
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- Paved
- Yes
- Assigned
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Other Type:
House + Rental Units
Construction:
Block; Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Fenced; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage
Interior Features:
Unfurnished; Fire/Smoke Alarm(s)
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Natural Gas; Central
Cooling:
Ceiling Fan(s); Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
>1 Space Per Unit; Assigned; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner; Projected Proforma
Showing Notification Methods:
Text
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Platinum Living Realty
Last Updated: January - 25 - 2023
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