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
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
General Property Description
Lot #: 16
Aprx Acres: 0.3
Total Liveable SqFt: 2760
Source of Measuremnt: County Assessor
Year Built: 1973
Management: Mgmt Company
Gross Vol/Yr $: 86400
NOI $: 70970
Vac Rate %: 3
Cap %: 5.76
HOA Y/N: No
Baths - Full: 4
Tax Info
Taxes: 1706
Tax Year: 2021
Status Change Info
Under Contract Date: 2022-03-30
Sold Date: 2022-07-01
Sold Price: $1,230,000
Sold Price/SqFt: 446
Financing: Conventional
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Electric,Cable
Rent $: 1700
Unit 3
Unit ID: 3
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Electric Cable
Rent $: 1700
Unit 4
Unit ID: 4
# BR: 2
# BA: 1
SqFt: 750
Tenant Utilities: Cable Electric
Rent $: 1700
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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