925 E Mckinley Street

Phoenix, AZ 85006
  • $850,000
  • STATUS: Active
  • ON SITE: 25 days
  • MLS #: 6045754
UPDATED: 48 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1916
County:
Area:

School Ratings & Info

Description

SELLER FINANCING LOW INTEREST PAYMENTS!!!!!! Beautiful Garfield historic district 6 plex come and grab a piece of Phoenix history. Are you looking for value add??? This property will allow you to build 4 additional units per zoning. You can add units and cash flow during construction. 5 of 6 units have been updated with fresh paint, new fixtures counter tops and appliances. Complex perfect for student housing University of Arizona Medical School less than a half mile away.

Monthly Payment Calculator



© 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2020-03-31T17:11:30.523.
www.herfelopenshaw.com/homes/103848943

925 E Mckinley Street Phoenix, AZ 85006

  • Price: $850,000
  • Status: Active
  • Updated: 48 min ago
  • MLS #: 6045754
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1916
Built
Neighborhood:
Highland Add. Lots 93-102
County:
Maricopa
Area:
Phoenix
School District:
001 - Phoenix Elementary District
Property Description
SELLER FINANCING LOW INTEREST PAYMENTS!!!!!! Beautiful Garfield historic district 6 plex come and grab a piece of Phoenix history. Are you looking for value add??? This property will allow you to build 4 additional units per zoning. You can add units and cash flow during construction. 5 of 6 units have been updated with fresh paint, new fixtures counter tops and appliances. Complex perfect for student housing University of Arizona Medical School less than a half mile away.
Exterior Features

Construction Brick Construction Finish PaintedStuccoBrick Trim/Veneer Covered Parking Spaces 0.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 6875 Parking Free1 Space/UnitPaved Parking Roads Concrete Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 500 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Disposal Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 350 Efficiency Unit Baths 1 Floors Vinyl/Composition Heating Electric Interior Amenities Fire/Smoke Alarm(S)

Property Features

1 Bedroom Unit Avg Rent 900.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 35169.00 Annual Elec Exp 500.00 Annual Gas Exp 0.00 Annual Ins Exp 2400.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 3000.00 Community Amenities No Pool Cross Street 7th St. & I10 Efficiency Unit Avg Rent 0.00 Efficiency Units 4 Electric Aps Gas None Gross Annual Sch Inc 37020.00 Hoa YN No Net Operating Income 31120.00 New Financing WraparoundConventional1031 ExchangeSeller May CarryTrade Operating Exp 7489.00 Other Income 0.00 Owner Pays Water Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1589.00 Tenant Pays Electric Totl Mnth Rntal Inc 3085.00 Vacancy Allowance 0.05 Water City Franchise Zoning R-5

Listing courtesy of Paramount Management & Realty, Llc.


© 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2020-03-31T17:11:30.523.
 
Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group
830 S Higley Rd
Gilbert AZ, 85296