3319 N 32ND Street, Phoenix, AZ 85018

$1,600,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,600,000 Last Modified: 8/15/2022

Overview

Description

MULTIFAMILY PROPERTY IN A GREAT LOCATION WITH TOP MARKET RENTS! 2-2bed 1bath $1104&$1000, 10- 1bed 1bath 9@$888&1@$830 , 6-studeo 4@$746 1@$600&1@$500. TURN KEY PROPERY WITH REMODELED UNITS, NEW ROOF, NEW WINDOWS AND MANY MORE UPGRADES. WELL KEPT PROPERTY WITH TOP NOTCH PROPERY MANAGEMENT. All facts and figures approximate buyer to verify to their satisfaction

Listing Details MLS# 5977795

Location, Tax & Legal

Map Code/Grid
P35
House Number
3319
Compass
N
Street Name
32ND
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Zip4
6238
Country
US
County Code
Maricopa
Subdivision
VALENCIA ACRES
Assessor Number
127-32-021-D
Tax Year
2019
Assessor's Map #
32
Legal Description (Abbrev)
VALENCIA ACRES MCR 17/30 N 95F OF W 200F LOT 8 EX W 7F
Assessor's Parcel #
21
Assessor Parcel Ltr
D
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
110901
Taxes
6197
Legal
VALENCIA ACRES MCR 17/30 N 95F OF W 200F LOT 8 EX W 7F
Marketing Name
Valencia Acres

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0.421 Acres
Year Built
1961
Uncvrd Parking Spcs
8
Total # of Units
18
# of Buildings
Yes
Zoning
R-4
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Status Change Info

Off Market Date
2019-09-20
Under Contract Date
2019-09-14
Close of Escrow Date
2019-10-11

Legal Info

Township
2N
Range
3E
Section
25
Lot Number
8

More Information

Income Expenses

Gross Annual Sch Inc
180120

Efficiency Units

# Efficiency Units
6
Avg Rent
749
Avg SqFt
350
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
10
Avg Rent
888
Avg SqFt
475
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1050
Avg SqFt
650
# Baths
Yes

3 Bedrooms Units

Avg Rent
Yes

4 Bedrooms Units

# Baths
Yes
Avg Rent
0

Contact Info

List Agent Home Phn
480-718-9881
List Agent Hme Phn 2
480-718-9881

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

13 - 24 Units
Yes

Construction

Block
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
6197
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
180120

Pmt & Rate Info

Down Payment
0
Equity
1800000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Community Features

Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Tenant Pays

None
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/Unit
Yes
Add'l Parking Avail
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Gas
Yes
Trash Collection
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
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

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Other (See Remarks) Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Pool Appliances Included: Free-Standing Range; Refrigerator Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection Tenant Pays: None Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call 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: VA; FHA; Conventional Environmental: None
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: August - 15 - 2022
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