1317 W PIMA Street, Phoenix, AZ 85007
$599,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$599,000
List Date:
6/05/2024
Last Modified:
5/22/2025
Description
SELLER WILL ENTERTAIN CREATIVE FINANCING! This charming triplex, built in 1939 and remodeled in 2024, is conveniently located near Downtown Phoenix, I-17, and I-10. It presents a unique opportunity for both investors and owner-occupants to join a vibrant, growing community. The property features modern updates, including new flooring, cabinets, backsplashes, updated electrical and plumbing, stainless steel appliances, ceiling fans, and a newer water heater. The front house (unit 3) has 3 bedrooms 1 bathroom, and is individually metered for electrical. The back house with two units, unit 1 with 1 bed/1 bath, and 2 bed/1 bath in Unit 2 sharing one power meter for both units. The landlord pays water, sewer and trash (around $140 a month).
Supplements: The lot, spanning 6,409 sq. ft., offers an RV gate, a new front block wall, and six parking spaces, with potential for additional parking or storage. This is an excellent investment or live-in rental opportunity.
More Information MLS# 6707503
Contract Info
Current Price: $599,000
Sold Price: $599,000
Status: Closed
List Date: 2024-05-17
Ownership: Fee Simple
Location Tax Legal
House Number: 1317
Compass: W
Street Name: PIMA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 4142
Country: US
County Code: Maricopa
Subdivision: DANIELS FIRST ADDITION
Assessor Number: 105-33-013
Tax Year: 2023
General Property Description
Lot Size Dimensions: IRR
Year Built: 1939
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 2
Zoning: MFAM
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Buckeye and 15th Avenue
Directions: From Buckeye go south to Pima. Turn west and property is on the south side of the street
Geo Lat: 33.432843
Geo Lon: -112.09004
Status Change Info
Status Change Date: 2024-08-23
Off Market Date: 2024-07-29
Under Contract Date: 2024-07-22
Close of Escrow Date: 2024-08-22
Sold Price: $599,000
Legal Info
Township: 1N
Range: 3E
Section: 18
Lot Number: 11
Income Expenses
Gross Annual Sch Inc: 61200
Net Operating Income: 50103
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1300
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1600
Avg SqFt: 1100
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2200
Avg SqFt: 1239
# Baths: 2
Sold Info
Loan Type: Carryback
Loan Years: 3
Payment Type: Interest Only
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition; Rolled
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; RV/Boat Parking; Cable TV Available; Patio/Balcony; Security Light(s)
Interior Amenities: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; On Street; RV Access/Parking
Owner Pays: Water; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text
Lockbox Type: Supra
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: May - 22 - 2025
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