$510,000 4221 N 27th Street Phoenix, AZ

MLS: 5990776   Type: Multi-Family   County: Maricopa   City: Phoenix   Neighborhood: Citrus Heights Lots 10-33   Zip: 85016     Taxes: $1,752

Mortgage $2,394 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

4

4

0

2,200

0

1980

Duplex property on 8100 SF, medium density multi-family lot in Arcadia Lite one of the HOTTEST multi-family markets in Metro Phoenix! This duplex consists of a ground level and basement level unit. Both units are 2 bedroom, 2 bathroom units and have been updated and remodeled in the past 4 years to include new flooring, kitchens, paint, etc.. Currently both unit are rented on 1 year or less terms and professionally managed. Great opportunity for a buy and hold investment or development deal. Medium density zoning up to 17 units/acre (attached). CAP rate includes prop taxes. Do Not Disturb Tenants.

Elementary School

Middle School

High School

Madison Camelview Elementary
Distance: 0.96 Miles
Madison Park School
Distance: N/A Miles
Camelback
Distance: 0.49 Miles

Price History

10/11/2019 Listed $549,000
11/26/2019 4% - $530,000
2/11/2020 4% - $510,000

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1325.00
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
Cooling 2 or More Units, Central A/C, Electric Refrigeratd
Electric Individual Meter, SRP
Elementary School Madison Camelview Elementary
Exterior Features Cable TV Available, Patio/Balcony
Features Other (See Remarks)
Heating 2 or More Units, Ceiling Fan(s), Gas
High School Camelback High School
Map Code/Grid P35
Middle School Madison Park School
Net Income 27648.00
New Financing 1031 Exchange, Conventional, No Carry, VA
Owner Pays Sewer, Trash Collection, Water
Parking Free, Paved Parking
Property Type F
Public Remarks Duplex property on 8100 SF
Roof Comp Shingle
School District 038 - Madison Elementary District
Sewer Sewer - Public
Status Active
Subdivision CITRUS HEIGHTS LOTS 10-33
Tenant Pays Cable TV, Electric, Gas, Landscaping
Water City Franchise
Year Built 1980
Zoning R-3, M-M

Interior Features

1 Bedroom Units: # 1 Bedroom Units 0
1 Bedroom Units: # Baths 0
1 Bedroom Units: Avg Sqft 0
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 1100
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 Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Floors Vinyl/Composition
Gas SW Gas
Total Number of Units 2.00

Exterior Features

Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions 60.5 x 120 (8100SF, @ 10, 000SF with easements)
Total Parking Spcs 4.00

Property Schools



Direct Link:

https://www.arizonaspro.com/property/22-5990776-4221-N-27th-Street-Phoenix-AZ-85016

Gallery (43 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (85016)

Price 510K Avg 830K

Sqr Feet 2,200 Avg 2,917

Cost / Sqr Ft $232 Avg $285

Taxes $1,752 Avg $2,778

Visits 782 Avg 456

Days on Site 378 Avg 184

Walkscore® 71 Avg 57

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: AXIS Property Advisors




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Location & Address

Quantum of Arizonas, REALTORS
34406 N 27th Drive #140
Phoenix, AZ
623-745-2014
623-587-9972