Real Estate in Phoenix
Christopher Constant

1442 E Polk Street, Phoenix, AZ 85006 (MLS # 6111613)

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PRICE $725,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

WOW! Rare opportunity for a fully occupied 6-Plex on over half acre lot. The well-maintained complex consists of 5 structures (duplex on street facing) with a mix 3X 1bed/1bath, 2x 2bed/1bath, 1x 3bed/2bath. Current rent total $4,187 with several units below market rate (tenants also pay own electric). Two units have new HVACs, and several have new/newer water heaters. Most units have been refreshed within the last two years. Opportunity for owner to take over and immediately increase rent. Several units have washer/dryer hookup ready to go. Alternatively, there is a laundry room available for new owner to easily retrofit and generate additional income stream. OR redevelop this property into your ideal multifamily property. The possibilities are endless!The property is also perfectly situa

DAYS ON MARKET 10 LAST UPDATED 8/1/2020
TRACT Germania Place Lots 1, 2, 12, 13 YEAR BUILT 1946
COUNTY Maricopa STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
1 BEDROOM UNITS: # 1 BEDROOM UNITS 2
1 BEDROOM UNITS: # BATHS 1
1 BEDROOM UNITS: AVG RENT 600.00
1 BEDROOM UNITS: AVG SQFT 0
2 BEDROOM UNITS: # 2 BEDROOM UNITS 2
2 BEDROOM UNITS: # BATHS 1
2 BEDROOM UNITS: AVG RENT 667.00
2 BEDROOM UNITS: AVG SQFT 0
3 BEDROOMS UNITS: # 3 BEDROOM UNITS 3
3 BEDROOMS UNITS: # BATHS 2
3 BEDROOMS UNITS: AVG RENT 1000.00
3 BEDROOMS UNITS: AVG SQFT 0
4 BEDROOMS UNITS: # 4 BEDROOM UNITS 0
4 BEDROOMS UNITS: # BATHS 0
4 BEDROOMS UNITS: AVG RENT 0.00
4 BEDROOMS UNITS: AVG SQFT 0
APPLIANCES INCLUDED F/S Oven/Range, Refrigerator
COMMUNITY AMENITIES No Pool
CONST - FINISH Painted, Stucco
CONSTRUCTION Frame - Wood
COOLING Heat Pump, Window/Wall Unit
COUNTY CODE Maricopa
ELECTRIC APS
EXTERIOR AMENITIES Cable TV Available, Desert Landscaping
FLOORS Carpet, Ceramic Tile
GAS SW Gas
HEATING Ceiling Fan(s), Electric, Gas
INCOME & EXPENSES: ADJUSTED GROSS INC 0.00
INCOME & EXPENSES: ANNUAL ELEC EXP 0.00
INCOME & EXPENSES: ANNUAL GAS EXP 0.00
INCOME & EXPENSES: ANNUAL INS EXP 0.00
INCOME & EXPENSES: ANNUAL LAND LSE EXP 0.00
INCOME & EXPENSES: ANNUAL LANDSCAPE EXP 0.00
INCOME & EXPENSES: ANNUAL LEGAL & ACCTG 0.00
INCOME & EXPENSES: ANNUAL MAINT EXP 0.00
INCOME & EXPENSES: ANNUAL MGMT EXP 0.00
INCOME & EXPENSES: ANNUAL OTHER EXPENSE 0.00
INCOME & EXPENSES: ANNUAL OWNR ASOC FEE 0.00
INCOME & EXPENSES: ANNUAL PAD FEE 0.00
INCOME & EXPENSES: ANNUAL RPLCMNT RSRVS 0.00
INCOME & EXPENSES: ANNUAL TRASH EXP 0.00
INCOME & EXPENSES: ANNUAL WTR/SWR EXP 0.00
INCOME & EXPENSES: GROSS ANNUAL SCH INC 0.00
INCOME & EXPENSES: NET OPERATING INCOME 0.00
INCOME & EXPENSES: OPERATING EXP 2131.00
INCOME & EXPENSES: OTHER INCOME 0.00
INCOME & EXPENSES: OWNER ASSOCIATION No
INCOME & EXPENSES: VACANCY ALLOWANCE 0.00
INTERIOR AMENITIES Unfurnished
LEGAL INFO: LOT NUMBER 34
LEGAL INFO: RANGE 3E
LEGAL INFO: SECTION 4
LEGAL INFO: TOWNSHIP 1N
LOT SIZE DIMENSIONS 24134
MARKETING NAME Polk Apartments
NEW FINANCING Conventional
OWNER PAYS Landscaping, Sewer, Trash Collection, Water
PARKING >1 Space Per Unit
PROJECT TYPE Duplex, Other (See Remarks)
ROADS/STREETS Asphalt
ROOFING Comp Shingle
SALE INCLUDES Building(s) Only
SEWER Sewer - Public
SOURCE OF FINCL DATA Provided by Owner
SPECIAL LISTING COND Accept Backups (CLO),Owner/Agent
TAX MUNICIPALITY Phoenix
TAXES 2131.00
TENANT PAYS Cable TV, Electric, Gas
TOTAL # OF UNITS 6.00
TOTAL PARKING SPCS 6.00
WATER City Franchise
ZONING Rental

ZESTIMATE
$713809  1442 E Polk Street, Phoenix, AZ

RENT ZESTIMATE
$1300 / mo.  1442 E Polk Street, Phoenix, AZ

71 Very Walkable

SATELLITE VIEW



 
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Data last updated 8/11/20 8:48 PM PDT.