1501 E ROOSEVELT Street, Phoenix, AZ 85006
$950,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$950,000
Last Modified:
12/15/2024
Description
Single level building with 4- 2 bedroom, 1 bath units that are 650 sq ft. each. There are 3 units currently occupied , and one unit vacant. Roof was replaced in 2013, with additional upgrades done in 2012 and 2013. Good location, close to downtown, and sports venues. No sign on property. Drive by only. Tenants not aware of the sale. Buyer to cooperate with seller's 1031 exchange
More Information MLS# 6789423
Contract Info
Current Price: $950,000
List Price: $950,000
Status: Active
List Date: 2024-11-29
Ownership: Fee Simple
Location Tax Legal
House Number: 1501
Compass: E
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3534
Country: USA
County Code: Maricopa
Subdivision: KLECK TRACT
Assessor Number: 116-19-129
Tax Year: 2024
General Property Description
Lot Size Dimensions: 6765
Year Built: 1979
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: R4
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Phoenix Prep Academy
Jr. High School: Garfield School
High School: North High School
Remarks Misc
Cross Street: 16th St and Roosevelt
Directions: West on Roosevelt. Property is located on the south side of the street
Geo Lat: 33.458422
Geo Lon: -112.049755
Status Change Info
Status Change Date: 2024-11-29
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 55315
Net Operating Income: 45995
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1100
Avg SqFt: 650
# Baths: 4
Property Features
Project Type: Four Plex
Construction: Block; Frame - Wood
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Fenced
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: F/S Oven/Range; Refrigerator; Microwave
Cooling: Electric; Central A/C
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking: 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Transcity Property Management
Last Updated: December - 15 - 2024
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