2547 E MARGUERITE Avenue, Phoenix, AZ 85040
$503,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$503,000
Last Modified:
5/06/2025
Description
Clean Tri-plex with solid rental history. 3 Residential rental units, one 1X1 one 2x1 and one 3X1. Property has block perimeter privacy wall with gated access from front and rear. Floor plans are open and have individual HVAC units and
IN-UNIT washers & dryers. Large paved parking area.
More Information MLS# 6578457
Contract Info
Current Price: $503,000
Sold Price: $503,000
Status: Closed
List Date: 2023-07-08
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R35
House Number: 2547
Compass: E
Street Name: MARGUERITE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 7609
Country: US
County Code: Maricopa
Subdivision: BROADWAY ESTATES
Assessor Number: 122-57-068-A
Tax Year: 2022
General Property Description
Lot Size Dimensions: Irreg
Year Built: 1985
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: 1
Zoning: Multifamily R-
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Broadway/32ND ST
Directions: West to 27th ST, south to Marguerite west to property on south side of street.
Geo Lat: 33.404851
Geo Lon: -112.024642
Status Change Info
Status Change Date: 2024-01-19
Off Market Date: 2023-12-06
Under Contract Date: 2023-12-19
Close of Escrow Date: 2024-01-19
Sold Price: $503,000
Legal Info
Lot Number: 97
Income Expenses
Gross Annual Sch Inc: 35790
Net Operating Income: 28578
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 800
Avg SqFt: 564
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1100
Avg SqFt: 640
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1150
Avg SqFt: 780
# Baths: 1
Contact Info
List Agent Home Phn: 602-316-5273
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 8000
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Cable TV Available
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Environmental: None
Listing Office: Good Oak Real Estate
Last Updated: May - 06 - 2025
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