1106 E YUMA Street, Phoenix, AZ 85034
$750,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$750,000
List Date:
4/11/2024
Last Modified:
5/16/2025
Description
Everyone is looking for Multifamily properties right now! Here is your opportunity to purchase rentals for passive income or do the popular house hack and live in one and rent the other! Best of all this is brand new construction! This duplex has 3 bedrooms and 2 baths in both units. The property will be completely finished with window treatments, stainless steel appliances, full-sized washer & dryer, low maintenance landscaping, and much more. This is truly a turn key property, ready for you to move in tenants right away. This property is located in the downtown Phoenix area with easy access to offices, freeways, and all the entertainment and restaurants the downtown offers! Still under construction, with completion set for April, but accepting offers now.
More Information MLS# 6676081
Contract Info
Current Price: $750,000
Sold Price: $750,000
Status: Closed
List Date: 2024-03-12
Ownership: Fee Simple
Location Tax Legal
House Number: 1106
Compass: E
Street Name: YUMA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
Zip4: 4532
Country: US
County Code: Maricopa
Subdivision: LINCOLN PARK
Assessor Number: 115-43-067
Tax Year: 2023
General Property Description
Lot Size Dimensions: 125X50
Year Built: 2024
Total # of Units: 2
# of Buildings: 1
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Silvestre S Herrera School
Jr. High School: Silvestre S Herrera School
High School: North High School
Remarks Misc
Cross Street: E Buckeye Rd and S 11th St.
Directions: AZ-51 S to Washington St. Take exit 148 from I-10 E
Continue on Washington St. Take S 16th St and E Buckeye Rd to E Yuma
Geo Lat: 33.435248
Geo Lon: -112.058333
Status Change Info
Status Change Date: 2024-06-08
Off Market Date: 2024-05-24
Under Contract Date: 2024-05-18
Close of Escrow Date: 2024-06-07
Sold Price: $750,000
Legal Info
Township: 1N
Range: 3E
Section: 16
Lot Number: 20
Income Expenses
Gross Annual Sch Inc: 55200
Net Operating Income: 39540
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2300
Avg SqFt: 1100
# Baths: 2
Sold Info
Loan Type: Exchange
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Carpet; Other
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool; See Remarks
Exterior Amenities: Landscape Wtr System; Fenced
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; >1 Space Per Unit
Owner Pays: Water; See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Projected Proforma
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Documents
Proforma ›Listing Office: FSR Realty
Last Updated: May - 16 - 2025
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