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    2218 W Morten Avenue

    Phoenix, AZ 85021
    • $695,000
    • STATUS: Active
    • ID#: 6297940
    UPDATED: 63 min ago
    $695,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    SVN Desert Commercial Advisors is pleased to present for sale an opportunity for a Buyer to acquire Fee-Simple ownership in a fully occupied three-unit multifamily property in North Central Phoenix. This rare opportunity consists of a single-family detached 2 bedroom house in the front along with a duplex of both 2 and 3 bedroom units in the back. There are approximately 2,224 rentable square feet situated on 0.40 acres of land. The property was constructed in 1964 and has an attractive center courtyard with low maintenance desert landscaping and ample parking. Additionally, the property is located by numerous schools and retail amenities. There is a great deal of rental upside to this property

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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 2021-10-28T13:12:07.097.
    www.arizonahomesearch.com/homes/121736675
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    2218 W Morten Avenue Phoenix, AZ 85021

    • Price: $695,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 6297940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Vista Income Estates 2
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    210 - Phoenix Union High School District
    Property Description
    SVN Desert Commercial Advisors is pleased to present for sale an opportunity for a Buyer to acquire Fee-Simple ownership in a fully occupied three-unit multifamily property in North Central Phoenix. This rare opportunity consists of a single-family detached 2 bedroom house in the front along with a duplex of both 2 and 3 bedroom units in the back. There are approximately 2,224 rentable square feet situated on 0.40 acres of land. The property was constructed in 1964 and has an attractive center courtyard with low maintenance desert landscaping and ample parking. Additionally, the property is located by numerous schools and retail amenities. There is a great deal of rental upside to this property
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingGreen LandscapingPartially FencedSeparate Storage Lot Size Dimensions 17460 Parking >1 Space Per UnitAdd'l Parking Avail Roads AsphaltGravel Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 672 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1212 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalRefrigeratorW/D Hookup Cooling Central A/CElectric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinylWood Heating Electric Interior Amenities Mini BlindsUnfurnishedVertical Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 906.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1200.00 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 35628.80 Annual Ins Exp 1160.00 Annual Other Expense 160.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 4080.00 Community Amenities No Pool Cross Street E/Nec 23rd Avenue And Morten Avenue Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 36144.00 Hoa YN No Net Operating Income 29266.00 New Financing ConventionalFha Operating Exp 6363.00 Other Income 1360.00 Other Type House + Rental Units Owner Pays LandscapingSewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 963.00 Tenant Pays Cable TvElectricOther (See Remarks) Vacancy Allowance 0.05 Water City FranchiseIrrigation Zoning R-3

    Listing courtesy of Svn/Desert Commercial Advisors.


    © 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 2021-10-28T13:12:07.097.
     
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    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718