2221 N 27TH Street, Phoenix, AZ 85008
$875,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$875,000
Last Modified:
5/24/2025
Description
This is a fully remodeled house with two rental units consists of a 2215 sq ft house with granite, tile, new appliances, new fixtures, completely renovated top to bottom, the home has a new roof, new cabinets, flooring, counters, fixtures, tile bathrooms it is in immaculate condition. Also on the property are two additional 800 square ft rental units which have been fully remodeled, each of these units (house and apartments) have their own separate fenced yard with separate entrances. A great property to rent all three units or as an owner occupant on the house and renting the apartments. You won't find anything in this kind of condition anywhere else in the area. Each has its own laundry facilities, individualy metered electric, set up to submeter the water as well.
More Information MLS# 6527072
Contract Info
Current Price: $875,000
Sold Price: $875,000
Status: Closed
List Date: 2023-02-28
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P35
House Number: 2221
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2771
Country: US
County Code: Maricopa
Subdivision: EAST THOMAS ROAD TR 4
Assessor Number: 120-30-096
Tax Year: 2022
General Property Description
Lot Size Dimensions: 135x100
Year Built: 1957
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Creighton Elementary School
Jr. High School: Creighton Elementary School
Remarks Misc
Cross Street: 24th St an Thomas
Directions: Head South on 24th street from Thomas Rd Turn Left (East) on oak,
Follow Oak east to 27th Street
Turn Right (south) to property, second from the end on the left.
Geo Lat: 33.472279
Geo Lon: -112.023416
Status Change Info
Status Change Date: 2023-04-28
Off Market Date: 2023-04-10
Under Contract Date: 2023-04-07
Close of Escrow Date: 2023-04-27
Sold Price: $875,000
Legal Info
Township: 2N
Range: 3E
Section: 35
Lot Number: 182
Income Expenses
Gross Annual Sch Inc: 70200
Net Operating Income: 65000
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1600
Avg SqFt: 826
# Baths: 1
4 Bedrooms Units
# 4 Bedroom Units: 1
Avg Rent: 2650
Avg SqFt: 2215
# Baths: 3
Sold Info
Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession to Buyer: 4
Seller Concession $/%: %
Property Features
Project Type: Other (See Remarks)
Other Type: House + Rental Units
Construction: Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer; Siding
Roofing: Composition; Tile
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; Satellite Dish; Cable TV Available; TV Antenna; Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump
Water Source: Submetered System; Individual Meter
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: >1 Space Per Unit; Paved
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: CR Property Services, Inc
Last Updated: May - 24 - 2025
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