$315,000 2841 W Melvin Street Phoenix, AZ

MLS: 5960451   Type: Multi-Family   County: Maricopa   City: Phoenix   Neighborhood: Willow Addition   Zip: 85009     Taxes: $696

Mortgage $1,479 /mo



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LOOK NOW! This 4 unit complex is sold with 2837 W. Melvin right next door. That will give you 8 doors ready to collect rents. Both parcels share the leased coin operated laundry mat. Most of these units have been updated with vinyl floor, newer paint and countertops. Great opportunity to hit the ground running in a big way. Close to Phoenix, VA hospital. This property must be sold with 2837 W. Melvin MLS#5960439

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Price History

8/3/2019 Listed $315,000

1 Bedroom Units: Avg Rent 657.00
2 Bedroom Units: Avg Rent 700.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Block, Frame - Wood
Features No Pool
Map Code/Grid Q33
Net Income 27000.00
New Financing Conventional, 1031 Exchange
Owner Pays Sewer, Trash
Parking 1 Space/Unit, Street Parking
Property Type F
Public Remarks
School District 005 - Isaac Elementary District
Status Active
Tenant Pays Water, Sewer, Electric, Trash
Year Built 1962
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 460
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 852
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included F/S Oven/Range
Cooling Individual, Window/Wall Unit
Electric APS, Individual Meter, Master Meter
Floors Carpet, Ceramic Tile, Vinyl/Composition
Gas Individual Meter, Master Meter, SW Gas
Heating Electric, Gas, Individual, Wall Furnace
Interior Features Unfurnished
Total Number of Units 4.00

Exterior Features

Const - Finish Painted
Covered Parking Spcs 0.00
Exterior Features Desert Landscaping
Lot Size Dimensions 6, 500 sq ft
Roof Built-Up, Foam, Rolled
Sewer Sewer - Public
Total Parking Spcs 4.00
Water Master Meter

Property Schools

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Property vs Zip Code Avg (85009)

Price 315K Avg 291K

Sqr Feet 1,772 Avg 1,242

Cost / Sqr Ft $178 Avg $235

Taxes $696 Avg $645

Visits 86 Avg 70

Days on Site 133 Avg 94

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Location & Address

Quantum of Arizonas, REALTORS
34406 N 27th Drive #140
Phoenix, AZ