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316 E VOGEL Avenue, Phoenix, AZ 85020
Overview
Description
Supplements: ... (Read more) Welcome to 316 E Vogel, a meticulously maintained triplex offering an incredible investment opportunity with its blend of modern amenities and classic charm. This unique property consists of two spacious three-bedroom units and a cozy studio, all designed to cater to a variety of living needs. With recent upgrades, a beautiful common BBQ area, and potential for additional income from rentable storage space, this property is a standout choice for investors. Property Highlights: Two-Story House: Appliances: Enjoy the convenience of a brand new Kitchen Aid dishwasher, GE microwave, stove, and refrigerator, all replaced in mid-July 2024. Please note that no warranties are provided. Laundry: Equipped with a gas washer and dryer for added convenience. Recent Upgrades: Interior repainted, enhancing the home's fresh appeal ($2,000). Stair carpet and baseboards have been updated with stylish laminate flooring ($1,800). New blinds installed throughout for added privacy and style ($500). Exterior freshly painted to boost curb appeal ($1,800). Modern appliances replaced ($1,200). One-Story House: Appliances: Features the same high-quality Kitchen Aid and GE appliances, updated in mid-July 2024, with no warranties. Laundry: Includes a gas washer and dryer. Recent Upgrades: Newly repainted interior ($1,800). Updated blinds throughout ($800). Exterior painting completed to ensure a welcoming exterior ($1,800). Appliances replaced for tenant comfort ($1,200). Casita: Appliances: Outfitted with a new Kitchen Aid dishwasher, GE gas stove, microwave, and refrigerator, all installed in mid-July 2024, with no warranties. Recent Upgrades: Interior repainted to refresh the space ($1,200). New blinds throughout for an elegant touch ($200). All flooring and baseboards replaced for a modern look ($4,200). Cabinets repaired and repainted for a like-new appearance ($800). Appliances replaced to ensure reliability and functionality ($1,200). On-Site Features: Storage Options: Two large grey storage sheds behind the Casita and one large permanent shed, offering the opportunity to rent for additional income. All contents will be cleared before closing. Beautiful Common BBQ Area: Perfect for entertaining and enjoying Arizona's sunny weather. Site Improvements: Brick and walkway repairs completed for safety and aesthetics ($1,000). Landscaping and trimming enhance the property's natural beauty ($2,500). Financial Summary: Total Capital Expenditures (Last 3 Months): $24,000 Two-Story House: $7,300 One-Story House: $5,600 Casita: $7,600 On-Site Improvements: $3,500 316 E Vogel offers a unique combination of comfort, convenience, and income potential, making it an excellent choice for investors seeking a property with minimal upkeep and maximum returns. With its strategic location and recent enhancements, this triplex is ready to deliver a great living experience for tenants and a profitable investment for its new owner. Don't miss this opportunity to own a versatile property in a thriving community! Buyer to verify all facts and figures.
Listing Details MLS# 6935184
Location, Tax & Legal
- House Number
- 316
- Compass
- E
- Street Name
- VOGEL
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85020
- Zip4
- 2049
- Country
- US
- County Code
- Maricopa
- Subdivision
- TENGEN PLACE ADDITION
- Assessor Number
- 159-45-070
- Tax Year
- 2025
- Assessor's Map #
- 45
- Legal Description (Abbrev)
- TENGEN PLACE ADD PT LOT 4 BLK F W 98.82'
- Assessor's Parcel #
- 70
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 104600
- Taxes
- 6958
- Legal
- TENGEN PLACE ADD PT LOT 4 BLK F W 98.82'
- Marketing Name
- Triplex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irr
- Year Built
- 1939
- Uncvrd Parking Spcs
- 7
- Total # of Units
- 3
- # of Buildings
- 3
- Zoning
- [R-3] Multiple
- High School District
- Glendale Union High School District
Remarks Misc
- Cross Street
- Mountain View and 7th Street
- Directions
- From E Mountain View Rd Turn left onto N 7th St Turn right onto E Vogel Property is on the North side of the Street. Drive by only
Legal Info
- Township
- 3N
- Range
- 3E
- Section
- 29
- Lot Number
- 4
Income Expenses
- Gross Annual Sch Inc
- 66000
- Net Operating Income
- 48191
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
Efficiency Units
- # Efficiency Units
- Yes
- Avg SqFt
- Yes
- # Baths
- 400
- Avg Rent
- 0
3 Bedrooms Units
- # 3 Bedroom Units
- 2
- Avg SqFt
- 1650
- # Baths
- 2
- Avg Rent
- 0
Project Type
- Tri-Plex
- Yes
Construction
- Wood Frame
- Yes
- Brick
- Yes
Const - Finish
- Painted
- Yes
- Siding
- Yes
- Other (See Remarks)
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3285
- Annual Landscape Exp
- 600
- Annual Maint Exp
- 750
- Annual Mgmt Exp
- 3336
- Annual Wtr/Swr Exp
- 3600
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 18529
- Other Income
- 2700
- Vacancy Allowance
- 0.03
- Adjusted Gross Inc
- 66639
Pmt & Rate Info
- Cap Rate
- 5.7
- Equity
- 845000
- Down Payment %
- 25
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Supra
- Yes
- Other
- Yes
- See Private Remarks
- Yes
Community Features
- No Pool
- Yes
- Barbecue
- Yes
Heating
- Heat Pump
- Yes
- Individual
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Heat Pump
- Yes
- Individual
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Fenced
- Yes
- Curb(s) & Gutter(s)
- Yes
- Cable TV Available
- Yes
- Patio/Balcony
- Yes
- Separate Storage
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
- Other (See Remarks)
- Yes
Water Source
- City Franchise
- Yes
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- On Street
- Yes
- >1 Space Per Unit
- Yes
- Paved
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
- Individual Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- No Carry
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- APOD/Backup Avaible
- Yes
- Sch of Personal Prop
- Yes
Environmental
- None
- Yes
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
