$15,000
Phoenix, AZ 85015
MLS# 4607874
Status: Closed
2 beds | 2 baths
1 / 13
Property Description
CASH FLOW COW INVESTOR SPECIAL! Block of 5 tenant occupied condos for sale, 1 1br and 4 2br currently rented at $1,799. Condo fee of $120 per unit per month covers insurance and maintenance. Annual Net income is $10,347 with a CAP rate of 13.80% after 10% management fee & taxes are paid. There is no on-site management. Current owner is using a 3rd party management company. Tenant pays own electric & water bills. Community Pool.
Details
Maps
Documents
Contract Information
Status Change Date: 2011-11-01
Sold Price: $15,000
Status: Closed
Current Price: $15,000
List Date: 2011-06-28
Type: ER
Ownership: Condominium
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N33
House Number: 2150
Compass: W
Street Name: MISSOURI
St Suffix: Avenue
Unit #: 210
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 2805
Country: USA
County Code: Maricopa
Assessor's Map #: 10
Assessor's Parcel #: 146
Assessor Number: 153-10-146
Legal Description (Abbrev): CHRISTOWN VILLAS CONDOMINIUM
Subdivision: Christown Villas Condominium
Tax Municipality: Phoenix
Taxes: 559
Tax Year: 2010
General Property Description
Dwelling Type: Apartment Style/Flat
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 2
# Bathrooms: 2
Approx SQFT: 1015
Price/SqFt: 14.78
Horses: N
Builder Name: Unknown
Year Built: 1960
Approx Lot SqFt: 995
Pool: Community Only
Elementary School: R E Simpson School
Jr. High School: R E Simpson School
High School: Central High School
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 23 Ave and Missouri
Directions: 23rd Ave south of Behany Home or North of Camelback. East to complex on the north side of the street.
Geo Lat: 33.517162
Geo Lon: -112.105349
Status Change Info
Off Market Date: 2011-10-05
Under Contract Date: 2011-10-04
Close of Escrow Date: 2011-10-31
Sold Price: $15,000
Legal Info
Township: 2N
Range: 2E
Section: 13
Lot Number: 210
Association & Fees
HOA Y/N: Y
HOA Fee: 120
HOA 2 Y/N: N
Basement
Basement Y/N: N
Parking Spaces
Slab Parking Spaces: 1
Contact Info
List Agent Home Phn: 602-327-0325
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Architecture: Other (See Remarks)
Building Style: Clustered
Master Bathroom: Full Bth Master Bdrm
Fireplace: No Fireplace
Flooring: Carpet; Vinyl
Pool Features: No Pool
Spa: None
Community Features: Community Pool
Dining Area: Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Refrigerator
Laundry: None
Basement Description: None
Construction: Block
Const - Finish: Painted
Roofing: Built-Up
Cooling: Refrigeration
Heating: Electric
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Fencing: None
Landscaping: Desert Front; Desert Back
Possession: Close of Escrow; Subject To Tenant Rights
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Blanket Ins Policy; Front Yard Maint; Common Area Maint
Assoc Rules/Info: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Disclosures: Seller Discl Avail
Rent Roll Listing Office: The Robinson Group
Last Updated: December - 14 - 2013
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