721 W CHERYL Drive, Phoenix, AZ 85021
$85,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$85,000
Last Modified:
7/07/2025
Description
Great ROI on this multi-family dwelling with three units. All three units are one bedroom and one bath. One unit is free standing with its own driveway. All three units are occupied with long term tenants. Great location in North-Central Phoenix. Two of the units have new ac units.
More Information MLS# 5416637
Contract Info
Current Price: $85,000
Sold Price: $85,000
Status: Closed
List Date: 2016-02-22
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: M34
House Number: 721
Compass: W
Street Name: CHERYL
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 2507
County Code: Maricopa
Subdivision: Ironwood Place
Assessor Number: 158-29-006-E
Tax Year: 2014
General Property Description
Lot Size Dimensions: IRR
Year Built: 1948
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: 2
Zoning: Multi
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks Misc
Cross Street: 7th Ave/Peoria
Directions: North on 7th Avenue, past Mountain View Park, West on Cheryl, units on your left.
Geo Lat: 33.578327
Geo Lon: -112.083449
Status Change Info
Off Market Date: 2016-06-15
Under Contract Date: 2016-06-02
Close of Escrow Date: 2016-06-23
Sold Price: $85,000
Legal Info
Township: 3N
Range: 3E
Section: 30
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 14100
Net Operating Income: 14100
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 350
Avg SqFt: 350
Contact Info
List Agent Cell Phn2: 480-282-1234
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; Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer; Siding
Roofing: Composition
Floors: Vinyl; Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Natural Gas; Individual; Heat Pump; Window/Wall Unit(s)
Cooling: Electric; Heat Pump; Window/Wall Unit; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Special: REO Property
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: Other (See Remarks)
Environmental: None
Listing Office: Red Brick Realty, LLC
Last Updated: July - 07 - 2025
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