2802 N 36TH Street, Phoenix, AZ 85008
New Listing
$790,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$790,000
List Date:
5/05/2025
Last Modified:
5/06/2025
Description
Mailbox money calling! Fully rented multifamily near Arcadia with 6 bedrooms and 4 bathrooms on over 1/4 acre lot with very landlord friendly units. This primarily block property has been remodeled 3 years ago and in that time completed a new roof, flooring, appliances, cabinets, water heater, landlord thermostats, rolling gates, comes with over $9k in security deposits. Landscape on drip system. Zoned R-5 high density multifamily which allows for more units on this parcel. Developments all around the area. Priced at a 8.5% cap rate. Do not disturb tenants. Motivated seller.
More Information MLS# 6858446
Contract Info
Current Price: $790,000
List Price: $790,000
Status: Active
List Date: 2025-04-28
Ownership: Fee Simple
Location Tax Legal
House Number: 2802
Compass: N
Street Name: 36TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 1303
Country: US
County Code: Maricopa
Assessor Number: 120-03-087-B
Tax Year: 2024
General Property Description
Lot Size Dimensions: 167x75
Year Built: 1956
Uncvrd Parking Spcs: 6
Total # of Units: 2
# of Buildings: 1
Zoning: R-5
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 36th St and Thomas
Directions: South on Thomas.
Geo Lat: 33.478712
Geo Lon: -112.004598
Status Change Info
Status Change Date: 2025-05-05
Legal Info
Lot Number: 362N3E
Income Expenses
Gross Annual Sch Inc: 80000
Net Operating Income: 70000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Microwave; W/D Hookup
Cooling: Heat Pump; 2 or More Units
Water Source: Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: None
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
Existing 1st Ln Type: Adjustable/Graduated
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; Conventional; No Carry; Lease Purchase
Environmental: None
Listing Office: Barrett Real Estate
Last Updated: May - 06 - 2025
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