3110 N 39th Street, Phoenix, AZ 85018

$1,535,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,535,000 Last Modified: 10/30/2023

Overview

Description

3110 North 39th Street is a unique four unit property located in the strong Phoenix rental submarket of Camelback East Village. The community was constructed in two phases, 1966 and 1970's, using masonry block. The property consists of (1) two-bedroom single family home, (1) one-bedroom single family home and (1) duplex with two- bedroom units. All units are individually metered for electricity and have either in-suite washer / dryer or they are located in a storage room off the carports. Tenants enjoy carport parking and spacious yards. The roofs were replaced in 2011 along with two air conditioners. The remaining air conditioners were replaced in 2021 and 2016.

Listing Details MLS# 6379251

Location, Tax & Legal

Map Code/Grid
P35
House Number
3110
Compass
N
Street Name
39th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Country
US
County Code
Maricopa
Assessor Number
127-20-015
Tax Year
2021
Assessor's Map #
20
Assessor's Parcel #
15
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
1760
Legal
provided by title
Marketing Name
3110 N 39th

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
unknown
Year Built
1970
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
3
Zoning
R-3
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
40th St & Indian School Rd
Directions
South to Cheery Lynn Rd, West to 39th St, South to property.

Status Change Info

Off Market Date
2022-05-17
Under Contract Date
2022-04-11
Close of Escrow Date
2022-05-27

Legal Info

Lot Number
109

More Information

Income Expenses

Gross Annual Sch Inc
99600
Net Operating Income
83166

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
2150
Avg SqFt
575
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
2050
Avg SqFt
780
# Baths
Yes

Sold Info

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

Project Type

Duplex
Yes
Four Plex
Yes
Other (See Remarks)
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Other (See Remarks)
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1760
Other Income
2900
Vacancy Allowance
0.03
Adjusted Gross Inc
99425

Pmt & Rate Info

Cap Rate
5.42
Equity
1535000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Email
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes
Other
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes

Electric

Other (See Remarks)
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
Other (See Remarks)
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex; Four Plex; Other (See Remarks) Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Other (See Remarks) Community Features: No Pool; Other Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: Other (See Remarks) Gas: None Parking Features: Carport Road Surface Type: Asphalt; Concrete Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Email Lockbox Type: None New Financing: Conventional; Other (See Remarks) Environmental: None
IDX
Listing Office: ABI Multifamily
Last Updated: October - 30 - 2023
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.