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8816 N 6th Place

Phoenix, AZ 85020
  • $550,000
  • STATUS: Active
  • ID#: 22025612
UPDATED: 15 min ago
$550,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,730
    SQFT
  • $318
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Courtesy of Gerchick Real Estate.

Description

Look at the HIGH Rent Roll. FULLY occupied - Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures. Over 100K in upgrades 6 Units w/ Tenants paying High Rents Master Metered Ceramic Tile or Laminate Flooring Modern Exterior Paint Air Conditioned Units Modern Cabinetry Additional Income from Laundry Room Easy Maintenance Landscaping

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-08-16T20:08:02.753.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.kinoabrams.com/homes/110910818
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8816 N 6th Place Phoenix, AZ 85020

  • Price: $550,000
  • Status: Active
  • On Site: Days
  • Updated: 15 min ago
  • ID#: 22025612
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,730
SQFT
$318
$/SQFT
1960
Built
Neighborhood:
Maricopa
County:
Maricopa
Area:
Maricopa
Property Description
Look at the HIGH Rent Roll. FULLY occupied - Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures. Over 100K in upgrades 6 Units w/ Tenants paying High Rents Master Metered Ceramic Tile or Laminate Flooring Modern Exterior Paint Air Conditioned Units Modern Cabinetry Additional Income from Laundry Room Easy Maintenance Landscaping
Exterior Features

Construction Concrete Block Fence BlockWood Landscape Front Decorative GravelLow Care Landscape Rear Decorative Gravel Parking FreePrivate Parking Road Type Paved Roof RolledShingle

Interior Features

Main Cooling Ceiling Fan(S)Wall Unit(S) Water Heater Electric

Property Features

Analysis Cap Rate Percent 7.25 Analysis Gross Rent Multi 9.80 Analysis Vacancy Rate Percent 3.00 Assessments 0.00 Country Usa Electric Electric Company Aps Expenses Contract Services 1200.00 Expenses Insurance 2200.00 Expenses Maintenance Supplies 1500.00 Expenses Management 5614.00 Expenses Taxes Assessments 598.00 Expenses Water Sewer 7026.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas None Income Adjusted Gross 56144.00 Income Gross Scheduled Rent 57468.00 Income Net Opp Income 38006.00 Income Other Income 400.00 Income Vacancy Loss 1724.00 Lot Dimensions irr Lot Features East/West Exposure Lot Sqft 5300.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Other - Call Property Disclosures Equipment ListLead Based PaintLeasesMarketing Package AvailablePlat MapSeller Prop Disclosure Property Features Smoke Detector Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Appraiser Tax Year 2021 Taxes 613.00 Terms CashConventional Total Parking 6 Traffic Count Not Available Water City

Listing provided by Gerchick Real Estate: (602) 688-9279. Listing information © 2022 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-08-16T20:08:02.753.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Kino Abrams brokered by Tierra Antigua Realty
1650 E River Road, Suite 202
Tucson AZ, 85718
Courtesy of Gerchick Real Estate.