3610 N 27TH Street, 3, Phoenix, AZ 85016
$1,249,990
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$1,249,990
Last Modified:
5/13/2025
Description
Renovated in 2016, this fully occupied 7-unit property is enveloped by mature landscaping and shade trees.Built w/sturdy block construction, there are 4 1-bedroom, 1-bath units, 2 2-bedroom, 1-bath units & 1 two-bedroom, 2-bath unit. Nestled away from street noise, each unit includes a carport, extra parking, and storage spaces.This is an excellent investment opportunity to acquire a cash-flowing 7-unit complex in one of Phoenix's most sought-after rental markets, boasting a strong cap rate.Each unit is equipped with essential appliances (stove,fridge,dishwasher) ensuring convenience for every resident.The centrally located bldg within the complex features 2 leased washers & dryers, conveniently operated by coin or credit card,providing hassle-free access for all
More Information MLS# 6845883
Contract Info
Current Price: $1,249,990
List Price: $1,249,990
Status: Pending
List Date: 2025-04-03
Ownership: Fee Simple
Location Tax Legal
House Number: 3610
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 6700
Country: US
County Code: Maricopa
Assessor Number: 119-06-054
Tax Year: 2024
General Property Description
Lot Size Dimensions: 24,608
Year Built: 1950
Uncvrd Parking Spcs: 10
Total # of Units: 7
# of Buildings: 4
Zoning: M-M
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Peoria Unified School District
Remarks Misc
Cross Street: Indian School and 24th Street
Geo Lat: 33.490499
Geo Lon: -112.024334
Status Change Info
Status Change Date: 2025-05-13
Off Market Date: 2025-05-13
Under Contract Date: 2025-04-30
Legal Info
Township: 2N
Range: 3E
Section: 26
Income Expenses
Gross Annual Sch Inc: 105840
Net Operating Income: 100000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1195
Avg SqFt: 575
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1350
Avg SqFt: 820
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Cable TV Available
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; On Street; >1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
marketing brochure ›Listing Office: Zion Realty, LLC
Last Updated: May - 13 - 2025
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