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1903 W Ocotillo Road

Phoenix, AZ 85015
  • $529,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 6338563
UPDATED: 32 min ago
$529,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

Description

Investment/Development Opportunity - Building currently operating as a Church. Rent @ $2245/mo until 10/31/2022. Zoned R-3 for Multifamily. Built in 1944 , located within an Arizona Opportunity Zone. Value Add through interior & exterior renovations. Close proximity to I-17 Highway.

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© 2022 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 D & R Realty LLC. Data last updated 2022-01-20T20:12:14.637.
www.pottersazhomesearch.com/homes/124501261
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1903 W Ocotillo Road Phoenix, AZ 85015

  • Price: $529,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 32 min ago
  • MLS #: 6338563
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
Neighborhood:
W J Lawrence Tract
County:
Maricopa
Area:
Phoenix
School District:
006 - Washington Elementary District
Property Description
Investment/Development Opportunity - Building currently operating as a Church. Rent @ $2245/mo until 10/31/2022. Zoned R-3 for Multifamily. Built in 1944 , located within an Arizona Opportunity Zone. Value Add through interior & exterior renovations. Close proximity to I-17 Highway.
Exterior Features

Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities FencedGreen Landscaping Lot Size Dimensions 11207 Parking Street Parking Roads AsphaltConcrete Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 2528 1 Bedroom Unit Baths 2 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 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 Bi Oven/RangeDishwasherMicrowaveRefrigerator Cooling See Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Natural Gas

Property Features

1 Bedroom Unit Avg Rent 2245.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 1279.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 2558.00 Hoa YN No Net Operating Income 20052.00 New Financing ConventionalFhaVa Operating Exp 1262.00 Other Income 0.00 Other Type Other (See Remarks) Owner Pays None Project Type Other (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 1262.00 Tenant Pays Cable TvElectricGasSewerTrashWater Vacancy Allowance 0.50 Water City Franchise Zoning R-3

Listing courtesy of Abi Multifamily.


© 2022 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 D & R Realty LLC. Data last updated 2022-01-20T20:12:14.637.
 
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D & R Realty LLC
2891 S. Vista Del Sol
Gold Canyon AZ, 85118