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(480) 332-5220
Bissing Real Estate
4301 S 7th Avenue, Phoenix, AZ 85041
- $1,395,000
- 16
- BD
- 12
- BA
- Sold Price
- $1,395,000
- List Price
- $1,395,000
- Closing Date
- Jun 14, 2024
- Days on Market
- 2
- Status
- CLOSED
- MLS#
- 6711280
- City
- Phoenix
- Bedrooms
- 16
- Bathrooms
- 12
- Year Built
- 1941
Property Description
This is a Value Add 12 unit with partial occupancy. With 8 units stable and 4 to renovate-this is a gold mine at $116,500 per door. NO ASSIGNMENT CONTRACT AND NO SELLER CARRY. $25,000 Earnest Money and short Due diligence with a 10 day closing. Buyer to verify all facts and figures. See Due Diligence for all information that is available. The Property This is an absolute AS-IS sale along with cash only or hard money. Close of Escrow will be within 15 days. See the document tab for more Information Once you have reviewed this information-let me know if you want to move to the next level. UNIT MIX 2×1 1×1 1×1 2×1 2×1 1×1 1×1 2×1 1×1 1×1 Studio Studio 1×1 PROPERTY FACTS No. Units 12 Building Size 7,250 SF Property Type Multifamily Average Occupancy 100% Property Subtype Apartment No. Stories 2 Apartment Style Garden Year Built/Renovated 1941/2022 Building Class C Parking Ratio 2.48/1,000 SF Lot Size 0.63 AC UNIT AMENITIES Air Conditioning Dishwasher Ceiling Fans Refrigerator Oven UNIT MIX INFORMATION PROPERTY TAXES Parcel Number 113-05-043B Improvements Assessment $589,100 Land Assessment $147,200 Total Assessment $736,300 ZONING Zoning Code R-3, City of Phoenix
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Additional Information
- Community Features
- No Pool, See Remarks
- Construction
- Block, Wood Frame, Painted, Stucco, Siding
- Cooling
- Heat Pump, Varies by Unit, Ceiling Fan(s)
- Electric
- APS, Individual Meter
- Flooring
- Ceramic Tile
- Heating
- Heat Pump, Varies by Unit
- New Financing
- Other (See Remarks), No Carry, Cash
- Parking Features
- Free, Other, >1 Space Per Unit
- Roofing
- Composition
- Sewer
- Public Sewer
- Taxes
- $1,386
- Tax Year
- 2023
- Tenant Pays
- Electricity, Cable TV
- Units
- 12
- Water
- Master Meter, City Franchise
- Zoning
- R-3
Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: HomeSmart.
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