x
Price Reduction
Address
811 E Carol Avenue Phoenix, AZ
Price
$ 365,000
Property Attributes
  • MLS#5906308
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • Zip85020
  • Style
  • Year Built1981
  • Taxes1189
  • Price$ 365,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2141
Listing Provided Courtesy Of:
Long Realty Uptown
Property Description

Here's a great opportunity for an investor to purchase a low maintenance four-plex with an operating cap rate of 6.70, and there is more room to raise rents. The construction is block, roof was replaced in 2011, each unit individually metered for electric & gas, washer & dryer in each unit (two of which are brand new). The courtyard has mature Ash trees providing a relaxing atmosphere with much needed summer shade. The building consists of three one bedroom units and one 2 bedroom unit. Buyer is responsible to verify all facts, figures prior to close of escrow.

Elementary School Middle School High School
Sunnyslope Elementary School Sunnyslope Elementary School Sunnyslope Elementary School
Price History
4/4/2019 Listed $375,000
4/23/2019 1% - $372,500
5/8/2019 2% - $367,500
5/14/2019 1% - $365,000

General Features

1 Bedroom Units: Avg Rent 625.00
2 Bedroom Units: Avg Rent 750.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Sunnyslope Elementary School
Features No Pool, Play Area
High School Sunnyslope Elementary School
Listing Status Active
Map Code/Grid M34
Middle School Sunnyslope Elementary School
Net Income 25161.00
New Financing FHA, Conventional, VA, No Carry
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
School District 006 - Washington Elementary District
Tenant Pays Electric, Gas, Cable TV
Type ER
Year Built 1981
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 493
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 662
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Washer/Dryer
Cooling Electric Refrigeratd
Electric APS
Floors Carpet, Vinyl/Composition
Gas SW Gas
Heating Gas
Interior Features Fire/Smoke Alarm(s)
Total Number of Units 4.00

Exterior Features

Public Remarks Here's a great opportunity for an investor to purchase a low maintenance four-plex with an operating cap rate of 6.70, and there is more room to raise rents. The construction is block
Sale Includes Land & Building, Personal Property, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 0.00
Exterior Features Landscape Wtr System, Green Landscaping, Fenced, Partially Fenced, Cable TV Available, Separate Storage, Security Light(s)
Lot Size Dimensions 66X130
Parking Free, Street Parking, >1 Space Per Unit
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 5.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85020

Price
AVG $320K
$370K
Taxes
AVG $823
$1,189
Visits
AVG 32
72
Year Built
AVG 1959
1981
Walkscore
AVG 36
85
Data Provided by Walkscore ® not using MLS data

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