Phoenix, AZ 85040,301 E SOUTHERN Avenue E
Phoenix, AZ 85040,301 E SOUTHERN Avenue E
Phoenix, AZ 85040,301 E SOUTHERN Avenue E
Phoenix, AZ 85040,301 E SOUTHERN Avenue E
Phoenix, AZ 85040,301 E SOUTHERN Avenue E
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Sharyn Younger

Sharyn Younger

Real Estate Professional

+1(480) 589-2347
$ 899,990
Est. payment | /mo

Save
$ 899,990
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6936126

Maintenance Fees $3,434

Year Built 1918

Annual Tax Amount $1,174

Tax Year 2024

Lot Dimensions 87 FRONT 187 DEPTH 197 WEST SIDE 191 EAST SIDE

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

THIS INCOME-PRODUCING PROPERTY FEATURES A TOTAL OF 7 RESIDENTIAL UNITS, FOURPLEX HAS 3 UNITS 1 BEDROOM 1 BATH AND ONE STUDIO. TRIPLEX(FRONT BUILDING) HAS 2 UNITS WITH 2 BEDROOMS 1 BATH AND ONE 1 BEDROOM 1 BATH.

THE PROPERTY OFFERS PAVED PARKING FOR RESIDENTS AND A GAZEBO AS A COMMON AREA FOR RELAXATION AND COMMUNITY GATHERING. CENTRALLY LOCATED, IT PROVIDES EASY ACCESS TO SHOPPING, BUS AND LIGHT RAIL ROUTES, MAKING COMMUTING CONVENIENT. THE PROPERTY IS APPROXIMATELY 6 MILES FROM THE AIRPORT AND 5 MILES FROM DOWNTOWN PHOENIX, MAKING IT AN IDEAL LOCATION FOR TENANTS SEEKING CONVENIENCE AND ACCESSIBILITY.

TOTAL MONTHLY RENT COLLECTED IS $4825.00

2 BUILDINGS 7 UNITS.
RENTS ARE BELOW MARKET RENTS.
ALL TENANTS ARE MONTH TO MONTH.

DO NOT DISTURB TENANTS.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-5

Direction CENTRAL AVENUE TURN EAST ON SOUTHERN TO 3RD STREET TURN NORTH. PROPERTY IS ON THE NORTHWEST CORNER OF SOUTHERN AND 3RD STREET

Interior

Heating Individual

Cooling Ceiling Fan(s), Electric

Flooring Vinyl

Appliance Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven

Exterior

Parking Features >1 Space Per Unit

Community Features Barbecue

Roof Type Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 114-02-034-A

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)
Listed by HomeSmart

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Sharyn Younger
Sharyn Younger

Broker/Owner | Lic# BR649991000

+1(480) 589-2347

2432 East Dogwood, DriveChandler, AZ,, 85286

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301 E SOUTHERN Avenue E