$405,000
Phoenix, AZ 85032
MLS# 6151216
Status: Closed

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Property Description
4 Plex, block build 1984. Tenant Rights - DO NOT DISTURB!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $405,000
Sold Price: $405,000
Status: Closed
List Date: 2020-10-22
Location, Tax & Legal
Assessor's Map #: 40
Legal Description (Abbrev): LOT 2 ANDREA VILLAS MCR 023306
Assessor's Parcel #: 177
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103306
Taxes: 952
Legal: LOT 2 ANDREA VILLAS MCR 023306
Marketing Name: 2710 E Marconi Ave
Map Code/Grid: L35
House Number: 2710
Compass: E
Street Name: MARCONI
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 3569
County Code: Maricopa
Subdivision: ANDREA VILLAS
Assessor Number: 214-40-177
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 9616 sq ft
Total # of Units: 4
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
High School: Paradise Valley High School
Year Built: 1984
Zoning: R-3
Legal Info
Range: 3E
Section: 2
Township: 3N
Lot Number: 2
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Built-Up: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Landscape Exp: 780
Annual Maint Exp: 765
Annual Mgmt Exp: 2411
Annual Wtr/Swr Exp: 3600
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 8508
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 30934.68
Total Monthly Rental Income: 2631
Pmt & Rate Info
Cap Rate: 5.98
Equity: 375000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Sidewalk(s): 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
On Street: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
FHA: 1
Special
Accept Backups (CLO): 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 660
Avg SqFt: 762
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Buyer - B
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Remarks Misc
Cross Street: 27th St & Marconi Ave
Directions: From Greenway Pkwy turn onto Waltann Ln, Left onto 27th St heading North, Right onto Marconi Ave, 2nd building on the left.
Geo Lat: 33.631376
Geo Lon: -112.023738
Status Change Info
Off Market Date: 2020-10-29
Under Contract Date: 2020-10-29
Close of Escrow Date: 2020-12-11
Sold Price: $405,000
Income Expenses
Gross Annual Sch Inc: 31566
Net Operating Income: 22426
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Stucco
Roofing: Built-Up
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Sidewalk(s); Patio/Balcony
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: On Street; 1 Space/Unit; Free
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: FHA; Conventional
Environmental: None
Listing Office: LHM Realty
Last Updated: April - 07 - 2026
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Broker Attribution:
Dick@LHMRealty.com

