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1707 N 18TH Street

Phoenix, AZ 85006
  • $4,600,000
  • STATUS: Active
  • ID#: 6298556
$4,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

THE CORONADO 19 is a newly renovated 19-unit multifamily complex with (2) Studios, (9) 1-Bedroom/1-Bath units and (8) 2-Bedroom/1-Bath units just outside the Coronado Historic District. Builtin 1960, The Coronado 19 consists of approximately 13,300 sq ft of rental space. All units are fully renovated with new cabinets, granite countertops, flooring, stainless steel appliances, dual pane windows and in-suite washer/dryers. The property has been updated with all new electric panels and wiring, new sewer lines and plumbing. A new pool was installed that can be used year round. All units are individually metered for electricity. The property is centrally located in Phoenix with easy access to the 51 freeway. This property is within 5 miles of downtown phoenix, Arcadia, Biltmore, etc.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2021-10-17T00:17:50.32.
www.arizonahomesearch.com/homes/121780972
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1707 N 18TH Street Phoenix, AZ 85006

  • Price: $4,600,000
  • Status: Active
  • ID#: 6298556
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1960
Built
Neighborhood:
Mcdowell Manors Annex
County:
Maricopa
Area:
Phoenix
Elementary School:
Excelencia School
Middle School:
Phoenix Coding Academy
High School:
North High School
School District:
014 - Creighton Elementary District
Property Description
THE CORONADO 19 is a newly renovated 19-unit multifamily complex with (2) Studios, (9) 1-Bedroom/1-Bath units and (8) 2-Bedroom/1-Bath units just outside the Coronado Historic District. Builtin 1960, The Coronado 19 consists of approximately 13,300 sq ft of rental space. All units are fully renovated with new cabinets, granite countertops, flooring, stainless steel appliances, dual pane windows and in-suite washer/dryers. The property has been updated with all new electric panels and wiring, new sewer lines and plumbing. A new pool was installed that can be used year round. All units are individually metered for electricity. The property is centrally located in Phoenix with easy access to the 51 freeway. This property is within 5 miles of downtown phoenix, Arcadia, Biltmore, etc.
Exterior Features

Construction Block Construction Finish Painted Covered Parking Spaces 18.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 0.062 Parking 1 Space/UnitCarport Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 700 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Electric Efficiency Unit Avg Sq Ft 300 Efficiency Unit Baths 1 Floors Vinyl Heating ElectricIndividual Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 1123.60 1 Bedroom Units 9 2 Bedroom Unit Avg Rent 1322.87 2 Bedroom Units 8 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 255968.30 Annual Elec Exp 3958.82 Annual Gas Exp 145.40 Annual Ins Exp 8744.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 5000.00 Annual Legal And Acctg 0.00 Annual Maint Exp 10000.00 Annual Mgmt Exp 14820.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 5422.40 Annual Wtr Swr Exp 5422.40 Community Amenities BarbecuePool Cross Street Mcdowell Rd & 16th St Efficiency Unit Avg Rent 879.28 Efficiency Units 2 Electric Aps Gas Sw Gas Gross Annual Sch Inc 269440.32 Hoa YN No Net Operating Income 76607.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 59795.02 Other Income 0.00 Owner Pays GasLandscapingPool/Spa MaintenanceSewerTrash CollectionWater Project Type 13 - 24 Units Sale Includes Land & BuildingPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 6282.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.05 Water City Franchise Zoning R-4

Listing courtesy of Urbanity Properties.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2021-10-17T00:17:50.32.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718