3350 E Pinchot Avenue, Phoenix, AZ 85018 (MLS# 6425664)

3350 E Pinchot Avenue, Phoenix, AZ 85018

$3,200,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $3,200,000 Last Modified: 3/27/2025

Overview

Listing Details MLS# 6425664

Location, Tax & Legal

Map Code/Grid: P35
House Number: 3350
Compass: E
Street Name: Pinchot
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Country: US
County Code: Maricopa
Assessor Number: 127-31-364
Tax Year: 2021
Assessor's Map #: 31
Assessor's Parcel #: 364
Add'l Parcels: Yes
Tax Municipality: Phoenix
Taxes: 292
Legal: PINCHOT 34 TOWNHOMES MCR 1545-41
Marketing Name: Elegance at Arcadia

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 14996 square feet
Year Built: 2022
Uncvrd Parking Spcs: 10
Total # of Units: 5
# of Buildings: Yes
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Status Change Info

Off Market Date: 2022-07-18
Under Contract Date: 2022-07-15
Close of Escrow Date: 2022-08-29

Legal Info

Lot Number: 2

More Information

Income Expenses

Gross Annual Sch Inc: 209029
Net Operating Income: 36297

3 Bedrooms Units

# 3 Bedroom Units: 5
Avg Rent: 3400
Avg SqFt: 1783
# Baths: 12

Sold Info

Loan Type: Conventional
Loan Years: 10
Payment Type: Fixed
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

Roofing

Composition: Yes

Floors

Concrete: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 1750
Annual Ins Exp: 1250
Annual Landscape Exp: 1000
Annual Legal & Acctg: 875
Annual Maint Exp: 1000
Annual Mgmt Exp: 8047
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Rplcmnt Rsrvs: 1500
Operating Exp: 15714
Other Income: 2710
Vacancy Allowance: 0.05
Adjusted Gross Inc: 201152.05

Pmt & Rate Info

Cap Rate: 1.12
Equity: 3250000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Wall Furnace: Yes

Cooling

Electric: Yes
Individual: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
>1 Space Per Unit: Yes
Attached: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Conventional: Yes
No Carry: Yes
1031 Exchange: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Concrete Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Wall Furnace Cooling: Electric; Individual Water Source: Individual Meter Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Garage; >1 Space Per Unit; Attached Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Showing Notification Methods: Text Lockbox Type: None New Financing: Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Marcus & Millichap

Last Updated: March - 27 - 2025