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2218 W Morten Avenue

Phoenix, AZ 85021
  • $695,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 6297940
Price Reduced
UPDATED: 17 min ago
$695,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Description

SVN Desert Commercial Advisors is pleased to present for sale an opportunity for a Buyer to acquire Fee-Simple ownership in a fully occupied three-unit multifamily property in North Central Phoenix. This rare opportunity consists of a single-family detached 2 bedroom house in the front along with a duplex of both 2 and 3 bedroom units in the back. There are approximately 2,224 rentable square feet situated on 0.40 acres of land. The property was constructed in 1964 and has an attractive center courtyard with low maintenance desert landscaping and ample parking. Additionally, the property is located by numerous schools and retail amenities. There is a great deal of rental upside to this property

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© 2021 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 West USA Realty. Data last updated 2021-10-19T11:13:11.367.
www.househelpersaz.com/homes/121736675
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2218 W Morten Avenue Phoenix, AZ 85021

  • Price: $695,000
  • Status: Active
  • Updated: 17 min ago
  • MLS #: 6297940
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
Vista Income Estates 2
County:
Maricopa
Area:
Phoenix
School District:
210 - Phoenix Union High School District
Property Description
SVN Desert Commercial Advisors is pleased to present for sale an opportunity for a Buyer to acquire Fee-Simple ownership in a fully occupied three-unit multifamily property in North Central Phoenix. This rare opportunity consists of a single-family detached 2 bedroom house in the front along with a duplex of both 2 and 3 bedroom units in the back. There are approximately 2,224 rentable square feet situated on 0.40 acres of land. The property was constructed in 1964 and has an attractive center courtyard with low maintenance desert landscaping and ample parking. Additionally, the property is located by numerous schools and retail amenities. There is a great deal of rental upside to this property
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingGreen LandscapingPartially FencedSeparate Storage Lot Size Dimensions 17460 Parking >1 Space Per UnitAdd'l Parking Avail Roads AsphaltGravel Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 672 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1212 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalRefrigeratorW/D Hookup Cooling Central A/CElectric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinylWood Heating Electric Interior Amenities Mini BlindsUnfurnishedVertical Blinds

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 906.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1200.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 35628.80 Annual Ins Exp 1160.00 Annual Other Expense 160.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 4080.00 Community Amenities No Pool Cross Street E/Nec 23rd Avenue And Morten Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 36144.00 Hoa YN No Net Operating Income 29266.00 New Financing ConventionalFha Operating Exp 6363.00 Other Income 1360.00 Other Type House + Rental Units Owner Pays LandscapingSewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 963.00 Tenant Pays Cable TvElectricOther (See Remarks) Vacancy Allowance 0.05 Water City FranchiseIrrigation Zoning R-3

Listing courtesy of Svn/Desert Commercial Advisors.


© 2021 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 West USA Realty. Data last updated 2021-10-19T11:13:11.367.
 
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West USA Realty
2340 E. Beardsley Rd. #110
Phoenix AZ, 85024