3044-3048 E Beck Lane, Phoenix, AZ 85032

$1,475,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,475,000 Last Modified: 5/14/2025

Overview

Description

EXCELLENT LOCATION! CLOSE TO SHOPPING, TRANSPORTATION, FREEWAY 51. TOWNHOUSE STYLE APARTMENTS, 2 STORY, 2 BEDROOMS, 2 BATH UNITS, ALL APLIANCES, WASHER/DRYER IN EACH UNIT. EACH UNIT HAS A FENCED SMALL BACK YARD. ALL 8 UNITS ARE OCCUPIED., 10 COVERED PARKING SPACES, TWO BUILDINGS 3044 and 3048 (8 Units) ARE BEING SOLD TOGETHER. PLEASE DO NOT DISTURB TENANTS!! DRIVE BY ONLY. SUBMIT PREQUAL AND PROOF OF FUNDS WITH OFFER. INTERIOR INSPECTIONS OF EACH APARTMENT AFTER ACCEPTED OFFER.

Listing Details MLS# 6641651

Location, Tax & Legal

House Number
3044-3048
Compass
E
Street Name
Beck
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Country
US
County Code
Maricopa
Subdivision
PARADISE PARK ESTATES
Assessor Number
214-37-027-C
Tax Year
2023
Assessor's Map #
37
Assessor's Parcel #
27
Assessor Parcel Ltr
C
Add'l Parcels
Yes
Tax Municipality
Phoenix
Taxes
2970
Legal
PARK ESTATES MCR 67-26 LOT 15 & ALSO TH PT ABND ALLEY LY NLY OF & ADJ TO SD DESC P/F 96-73
Marketing Name
PARADISE PARK ESTATES

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
.181
Year Built
1983
Uncvrd Parking Spcs
2
Total # of Units
8
# of Buildings
2
Zoning
MULTI
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Palomino Primary School
Jr. High School
Paradise Valley High School
High School
North Canyon High School

Remarks Misc

Cross Street
32ndSTREET & GREENWAY

Status Change Info

Off Market Date
2024-02-29
Under Contract Date
2024-02-14
Close of Escrow Date
2024-03-15

Legal Info

Lot Number
15

More Information

Income Expenses

Gross Annual Sch Inc
123192
Net Operating Income
72617

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
8
Avg Rent
1285
Avg SqFt
1000
# Baths
2

Contact Info

List Agent Home Phn
602-361-6832

Sold Info

Loan Type
Other
Loan Years
5
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

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
750
Annual Ins Exp
6325
Annual Maint Exp
20000
Annual Mgmt Exp
6130
Annual Wtr/Swr Exp
14400
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
50575
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
123192

Pmt & Rate Info

Cap Rate
4.27
Equity
1700000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Exterior Amenities

Desert Landscaping
Yes

Interior Features

Unfurnished
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Unknown
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
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 Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Unfurnished; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Electric; Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Paved Road Surface Type: Concrete Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Unknown Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; Other (See Remarks) Environmental: None
IDX
Listing Office: Real Property Management Evolve
Last Updated: May - 14 - 2025
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