774 W COOLIDGE Street, Phoenix, AZ 85013
$1,425,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,425,000
Last Modified:
4/18/2022
Overview
Description
Listing Details MLS# 6103509
Location, Tax & Legal
- Map Code/Grid
- P34
- House Number
- 774
- Compass
- W
- Street Name
- COOLIDGE
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85013
- Zip4
- 4601
- Country
- US
- County Code
- Maricopa
- Subdivision
- INCOME ACRES
- Assessor Number
- 155-37-033
- Tax Year
- 2019
- Assessor's Map #
- 37
- Legal Description (Abbrev)
- INCOME ACRES PT TR 17 E2
- Assessor's Parcel #
- 33
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 108902
- Taxes
- 2650
- Legal
- INCOME ACRES PT TR 17 E2
- Marketing Name
- 7 Melrose
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 64x271
- Year Built
- 1984
- Uncvrd Parking Spcs
- 12
- Total # of Units
- 6
- # of Buildings
- 2
- Zoning
- r-3
- Elementary School District
- Osborn Elementary District
- High School District
- Phoenix Union High School District
Status Change Info
- Off Market Date
- 2020-11-02
- Under Contract Date
- 2020-08-10
- Close of Escrow Date
- 2020-11-23
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 19
- Lot Number
- e2
More Information
Income Expenses
- Gross Annual Sch Inc
- 106477
- Net Operating Income
- 80630
2 Bedroom Units
- # 2 Bedroom Units
- 6
- Avg Rent
- 1487
- Avg SqFt
- 925
- # Baths
- 2
Sold Info
- Loan Type
- Other
- 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
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
- Foam
- Yes
Floors
- Concrete
- 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
- 2650
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 106477
Pmt & Rate Info
- Cap Rate
- 5.47
- Down Payment
- 0
- Equity
- 1475000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
Lockbox Type
- None
- Yes
Community Features
- Other
- Yes
- See Remarks
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Patio/Balcony
- Yes
Interior Features
- Fire Sprinklers
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- >1 Space Per Unit
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
Special
- Owner/Agent
- 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
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block; Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition; Foam
Floors:
Concrete
Sale Includes:
Land & Building
Community Features:
Other; See Remarks
Exterior Amenities:
Landscape Water System; Patio/Balcony
Interior Features:
Fire Sprinklers
Appliances Included:
Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling:
Electric; Heat Pump
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
Carport; >1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Projected Proforma
Special:
Owner/Agent
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
Environmental:
None
Listing Office:
MODE Apartment Living, LLC
Last Updated: April - 18 - 2022
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