$800,000
Phoenix, AZ 85023
MLS# 6611340
Status: Closed
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Property Description
Amazing North Phoenix 4 PLEX!!! Recently remodeled North Phoenix 4 Plex fully occupied. Rents have upside. Unit A $1432.20, Unit B $1226.58, Unit C $1227.60, Unit D 1227.60. Property has had brand new roof installed in 2020. Two Northern units have their own large backyards. Come make this Phoenix 4 Plex your next investment today!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $800,000
Sold Price: $800,000
Status: Closed
List Date: 2023-09-28
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): N 102F OF S 792F OF FOL DESC PROP TH POR SE4 DAF BEG NE COR SE4 TH W 340F TH S ALG E LN OF VILLAGE M
Assessor's Parcel #: 80
Assessor Parcel Ltr: K
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 618600
Taxes: 1741
Legal: N 102F OF S 792F OF FOL DESC PROP TH POR SE4 DAF BEG NE COR SE4 TH W 340F TH S ALG E LN OF VILLAGE M
Marketing Name: Village 4 Plex
House Number: 1904
Compass: W
Street Name: VILLAGE
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85023
Zip4: 8021
County Code: Maricopa
Assessor Number: 208-07-080-K
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: irr
Total # of Units: 4
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Elementary School: Arizona Desert Elementary School
Jr. High School: Deer Valley Middle School
High School: Deer Valley High School
Year Built: 1985
Zoning: multi
Legal Info
Range: 2E
Section: 36
Township: 4N
Project Type
Four Plex: 1
Other Type
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Stone: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 1500
Annual Legal & Acctg: 1000
Annual Maint Exp: 2400
Annual Mgmt Exp: 2400
Annual Wtr/Swr Exp: 5000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 500
Operating Exp: 14541
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 63840
Pmt & Rate Info
Cap Rate: 6.57
Equity: 825000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Other: 1
See Remarks: 1
Cooling
Electric: 1
Individual: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Paved: 1
Add'l Parking Avail: 1
None: 1
Electric
APS: 1
City Electric: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Conventional: 1
Other (See Remarks): 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1250
Avg SqFt: 924
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 19th ave and Bell
Directions: North on 19th Ave, West on Village Dr, property on NW corner of 19th ave and Village
Geo Lat: 33.645408
Geo Lon: -112.100035
Status Change Info
Off Market Date: 2023-11-07
Under Contract Date: 2023-10-30
Close of Escrow Date: 2023-11-30
Sold Price: $800,000
Income Expenses
Gross Annual Sch Inc: 67200
Net Operating Income: 54168
Property Features
Project Type: Four Plex
Other Type: Other (See Remarks)
Construction: Wood Frame
Const - Finish: Painted; Stucco; Stone
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only; Laundry Equipment
Community Features: No Pool
Appliances Included: Refrigerator; Dishwasher
Heating: Other; See Remarks
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; City Electric; Individual Meter
Gas: None
Parking Features: 1 Space/Unit; Add'l Parking Avail; Paved; None
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Conventional; Other (See Remarks)
Environmental: None
Listing Office: Barrett Real Estate
Last Updated: April - 03 - 2026
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