836 E MARYLAND Avenue, Phoenix, AZ 85014 (MLS# 6663329)

836 E MARYLAND Avenue, Phoenix, AZ 85014

$1,249,000

Property Type: Multiple Dwellings Bedrooms: 5 Baths: 3 Status: Closed

Current Price: $1,249,000 List Date: 2/15/2024 Last Modified: 9/10/2026

Overview

Description

Excellent INVESTMENT OPPORTUNITY in the very desirable Uptown Phoenix area. Two of the three units are operating as successful AirBnB's brining in strong monthly income. All furnishings, appliances, and housewares are included in the sale. This is truly turnkey business opportunity. Across the street from Madison Academy, close to popular restaurants, and easy access to freeways. Three units have been completely remodeled and the garage has city approvals to convert into a fourth unit (see documents tab for City of Phoenix approval letter). Seller is seeking to have the buyer finish the fourth unit. New roof and stackable washer and dryers in each unit. The lot area is over 22,700 square feet, which will allow for additional units the be added.

Listing Details MLS# 6663329

Location, Tax & Legal

House Number: 836
Compass: E
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1500
Country: US
County Code: Maricopa
Subdivision: BONNIE BRAE
Assessor Number: 161-05-014-A
Tax Year: 2023
Assessor's Map #: 5
Legal Description (Abbrev): LOT 14 BONNIE BRAE MCR 004320
Assessor's Parcel #: 14
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106501
Taxes: 2441
Legal: LOT 14 BONNIE BRAE MCR 004320
Marketing Name: Maryland AirBnB

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 119x154
Year Built: 1953
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: Yes
Zoning: R-4
Flood Zone: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 10th Street and Maryland Ave

Status Change Info

Off Market Date: 2024-03-05
Under Contract Date: 2024-03-05
Close of Escrow Date: 2024-04-04

Legal Info

Township: 2N
Range: 3E
Section: 9
Lot Number: 14

More Information

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 2500
Avg SqFt: 650
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 2800
Avg SqFt: 900
# Baths: Yes

Structure

Bedrooms Total: 5
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 75800

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Tri-Plex: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2441
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 75800

Pmt & Rate Info

Equity: 1275000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes

Cooling

Individual: Yes

Exterior Amenities

Green Landscaping: Yes
Sidewalk(s): Yes

Interior Features

Furnished: Yes
Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes
Mini Blinds: Yes
Shutters: Yes

Tenant Pays

Gas: Yes
Water: Yes
Electricity: Yes

Appliances Included

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes
Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

Irrigation: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes
Paved: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Conventional: Yes
No Carry: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Private: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Tri-Plex Construction: Block; Wood Frame Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Green Landscaping; Sidewalk(s) Interior Features: Furnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Shutters Appliances Included: Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Individual Water Source: Irrigation; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt; Concrete Owner Pays: None Tenant Pays: Water; Electricity; Gas Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Private New Financing: Conventional; No Carry Environmental: None

Documents

Plans ›

Site Plan Approval ›

Listing Office: Long Realty Uptown

Last Updated: September - 10 - 2026