6434 S 22ND Street, Phoenix, AZ 85042
$585,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$585,000
Last Modified:
5/11/2025
Description
INVESTORS OPPORTUNITY! Welcome to your opportunity to invest in a thriving community and secure a piece of the future. This delightful 4-plex multi-family property, offers four spacious 2-bedroom, 1-bathroom units, each designed for comfortable living and long-term investment potential. This property is strategically located to provide easy access to all the amenities that modern living demands. Residents will enjoy a short commute to schools, shopping centers, parks, and employment hubs, making it an attractive choice for tenants. With a growing population and increasing demand for rental properties in this community, this 4-plex represents a great investment opportunity. As the community continues to expand and evolve, so does the potential of this property.
More Information MLS# 6607660
Contract Info
Current Price: $585,000
Sold Price: $585,000
Status: Closed
List Date: 2023-09-20
Ownership: Fee Simple
Location Tax Legal
House Number: 6434
Compass: S
Street Name: 22ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85042
Zip4: 4682
Country: US
County Code: Maricopa
Subdivision: ELLINGTON PLACE
Assessor Number: 122-90-436
Tax Year: 2022
General Property Description
Lot Size Dimensions: 9082 sqft
Year Built: 1963
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: r4
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
High School: South Mountain High School
Remarks Misc
Cross Street: 22nd Street and Vineyard Road
Directions: Head South of Southern and 22nd St. Four-plex will be on your right, facing west.
Geo Lat: 33.388074
Geo Lon: -112.034756
Status Change Info
Status Change Date: 2023-11-22
Off Market Date: 2023-11-16
Under Contract Date: 2023-11-15
Close of Escrow Date: 2023-11-21
Sold Price: $585,000
Legal Info
Township: 1N
Range: 3E
Section: 34
Lot Number: 12
Income Expenses
Gross Annual Sch Inc: 57000
Net Operating Income: 38400
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1200
Avg SqFt: 688
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Brick Veneer
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Cooling: Electric
Water Source: Master Meter
Sewer: Sewer - Public
Electric: Individual Meter
Gas: None
Parking Features: Other
Owner Pays: Water; Trash Collection
Tenant Pays: Sewer; Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: Combo
New Financing: VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Keller Williams Realty Phoenix
Last Updated: May - 11 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.