1302 E Vista Avenue, Phoenix, AZ 85020
$1,230,000
Property Type:
Multi-Family
Square Footage:
2,760
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$1,230,000
List Date:
2/21/2022
Last Modified:
7/01/2022
Description
With the level of remodel that is underway now and the new rental comps to be in the 1600-1700 range, this is an opportunity to own in the North Central Phoenix corridor. All two bedrooms with new everything. See the list of capital improvements but it is an over the top remodel. Tours can be arranged through the listing agent. This is still under construction and most of these will go to contract before finished. Inspections will not start until reno is done. Next door is another one-own 8 units w/residential financing. Buyer to verify all Facts and Figures.
More Information MLS# 1045217
Contract/Address/Legal
List Price/SqFt: 453
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: R-3
Assessor's Book #: 160
Assessor's Map #: 22
Assessor's Parcel #: 120
Legal: Legal Description supplied by Title to Govern
General Property Description
Aprx Acres: 0.3
Lot #: 16
HOA Y/N: No
Source of Measuremnt: County Assessor
Management: Mgmt Company
Gross Vol/Yr $: 86400
Vac Rate %: 3
Total Liveable SqFt: 2760
Year Built: 1973
NOI $: 70970
Cap %: 5.76
Baths - Full: 4
Tax Info
Taxes: 1706
Assessments $: 0
Tax Year: 2021
Remarks & Misc
Directions: 14 Street and Northern
Go south on 14 Street from Northern to Vista Turn East on Vista and the property is on the north side of the street,
Remarks: With the level of remodel that is underway now and the new rental comps to be in the 1600-1700 range, this is an opportunity to own in the North Central Phoenix corridor. All two bedrooms with new everything. See the list of capital improvements but it is an over the top remodel. Tours can be arranged through the listing agent. This is still under construction and most of these will go to contract before finished. Inspections will not start until reno is done. Next door is another one-own 8 units w/residential financing. Buyer to verify all Facts and Figures.
Status Change Info
Sold Price/SqFt: 446
Financing: Conventional
Under Contract Date: 2022-03-30
Sold Date: 2022-07-01
Sold Price: $1,230,000
Building Type
Fourplex: 1
Construction
Block: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
External Amenities
Fence: 1
Landscaped: 1
Patio/Deck/Balcony: 1
Flooring
Tile: 1
Other: 1
See Remarks: 1
Heating
Heat Pump: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Possession
Subject to Tenant: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Rolled/Hot Mop: 1
Terms & Conditions
Conventional: 1
FHA: 1
VA: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Individual Meter: 1
Water - City: 1
Water Heater
Electric: 1
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Electric,Cable
Rent $: 1700
Unit 2 Parking
2 Car: 1
Other - See Remarks: 1
Unit 2 Info
Ceiling Fan(s): 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Laundry Room: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Storage Room: 1
Other - See Remarks: 1
Unit 3
Unit ID: 3
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Electric Cable
Rent $: 1700
Unit 3 Parking
2 Car: 1
Other - See Remarks: 1
Unit 3 Info
Ceiling Fan(s): 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Laundry Room: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Storage Room: 1
Other - See Remarks: 1
Unit 4
Unit ID: 4
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Cable Electric
Rent $: 1700
Unit 4 Parking
2 Car: 1
Other - See Remarks: 1
Unit 4 Info
Ceiling Fan(s): 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Laundry Room: 1
Range/Oven: 1
Refrigerator: 1
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 1250000
Listing Date: 2022-02-13
Status: Closed
Listing Price: 1250000
Street #: 1302
Direction: E
Street Name: Vista
St Suffix: Avenue
City/Township: Phoenix
State: AZ
Zip Code: 85020
County: Maricopa
Tax Parcel: 160-22-120
Property Features
Building Type: Fourplex
Construction: Block; Stucco
Cooling: Ceiling Fan(s); Heat Pump
External Amenities: Fence; Landscaped; Patio/Deck/Balcony
Flooring: Tile; Other; See Remarks
Heating: Heat Pump
Owner Pays: Sewer; Trash; Water
Possession: Subject to Tenant
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Utilities Installed: Cable TV; Electricity; Individual Meter; Water - City
Water Heater: Electric
Unit 2 Parking: 2 Car; Other - See Remarks
Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; Storage Room; Other - See Remarks
Unit 3 Parking: 2 Car; Other - See Remarks
Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; Storage Room; Other - See Remarks
Unit 4 Parking: 2 Car; Other - See Remarks
Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; Other - See Remarks
Listing Office:
Gerchick Real Estate
Last Updated: July - 01 - 2022
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