2571 E MOBILE Lane, Phoenix, AZ 85040
$550,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$550,000
List Date:
7/19/2023
Last Modified:
5/07/2025
Description
Nice remodeled Triplex near South Mountain. Fresh new exterior paint. New roof just installed!! Brand new AC unit in Unit#1 and #2. This property has increased in property values & rents. This charming 1 building... 3 unit investment property has a nice mix w/a 3 bedrm/1 bath (776 sf) a 2 bedrm/1 bath (736 sf) and a 1 bedrm/1 bath (608 sf). All units are rented, providing immediate cash flow. All units are individually metered for electric, and each has its own AC units on the roof. Updated tile flooring & tub surrounds, appliances, countertops, bathrooms, paint, ceiling fans, painted kitchen cabinets and more. Great cash flow with minimal expenses. Long term tenants...
Washer and dryer in all 3 units. Sunscreens around the entire unit. Bring your buyers today!!
More Information MLS# 6582421
Contract Info
Current Price: $550,000
Sold Price: $550,000
Status: Closed
List Date: 2023-07-19
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R35
House Number: 2571
Compass: E
Street Name: MOBILE
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2677
Country: US
County Code: Maricopa
Subdivision: BEN-JO ESTATES LOTS 1-10, 33-52, 75-94
Assessor Number: 122-55-059-B
Tax Year: 2022
General Property Description
Lot Size Dimensions: irregular
Year Built: 1986
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: 1
Zoning: R-3Multi-Family
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Roosevelt Elementary School
Jr. High School: Roosevelt Elementary School
High School: South Mountain High School
Remarks Misc
Cross Street: 24th Street & Broadway
Directions: South on 24th St, East on Mobile Ln, Triplex is on the right (Corner of Mobile Ln & 27th St)
Geo Lat: 33.401209
Geo Lon: -112.024329
Status Change Info
Status Change Date: 2023-09-02
Off Market Date: 2023-08-16
Under Contract Date: 2023-08-16
Close of Escrow Date: 2023-09-01
Sold Price: $550,000
Legal Info
Township: 1N
Range: 3E
Section: 26
Lot Number: 98
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 800
Avg SqFt: 736
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1055
Avg SqFt: 608
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1065
Avg SqFt: 776
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: W/D Hookup
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Individual; Central Air
Water Source: Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP; City Electric; Individual Meter
Gas: None
Parking Features: Assigned; Free; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Elite Partners
Last Updated: May - 07 - 2025
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