3101 W MADISON Street, Phoenix, AZ 85009
$485,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$485,000
Last Modified:
1/30/2025
Description
4-plex. All units are occupied, The Tenants have been living there for a long time.
The property is located within a close proximity to I-10 and I-17 Fwys.
More Information MLS# 6803154
Contract Info
Current Price: $485,000
List Price: $485,000
Status: Pending
List Date: 2025-01-10
Ownership: Fee Simple
Location Tax Legal
House Number: 3101
Compass: W
Street Name: MADISON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 4887
Country: USA
County Code: Maricopa
Subdivision: PROSPERITY PARK
Assessor Number: 109-40-061
Tax Year: 2024
General Property Description
Lot Size Dimensions: Unknown
Year Built: 1986
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: Unknown
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 31st Ave & Van Buren ST
Directions: From Van Buren ST go south on 31st Ave 3 blocks, The property is located on the Southwest corner of Madison St.
Geo Lat: 33.445549
Geo Lon: -112.126191
Status Change Info
Status Change Date: 2025-01-29
Off Market Date: 2025-01-29
Under Contract Date: 2025-01-25
Legal Info
Township: 1N
Range: 2E
Section: 11
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 39600
Net Operating Income: 34800
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 750
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 900
Avg SqFt: 950
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Stucco
Roofing: Comp Shingle
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Amenities: See Remarks
Appliances Included: BI Oven/Range; Refrigerator
Heating: Other
Cooling: Evaporative Cooling
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: <1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Unknown
Special: Owner/Agent
Lockbox Type: See Private Remarks
New Financing: Cash; Conventional
Environmental: None
Listing Office: ProSmart Realty
Last Updated: January - 30 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.