Phoenix 4-Plex 1/1 Needs Rehab Completed
1434 S 12th Ave, Phoenix AZ 85007
(7th Ave & Buckeye Rd)
APN: 105-02-186A
Taxes: $628.50 (2013)
4plex, all 1bed/1 bath units
1,530 sq.ft
13,483 sq.ft LOT
Built: 1942
$70,000 Cash/Hard Money
Rent Potential: $2,000 monthly
Description/Repairs:
This fourplex property is located on a large lot. Great Investment property. Bedrooms and bathrooms good size Open Kitchen feel. It has an unpermitted 5th unit that needs to be removed and converted back to its original permitted function, Interior and exterior defective paint surfaces. Need drywall and exterior stucco repair, Four missing oven/range, Cracked window, Missing baseboards, damaged interior doors, and missing ceramic tile flooring, HVAC system needs repair. Various components are missing, Electrical system needs repair, Roof shingles need repair or replacement. Missing shingles observed. There has been extensive work done to electrical and plumbing with lots of potential.
Comparable Properties
1. 1708 W YUMA ST PHOENIX, AZ 85007
APN: 105-04-002 Assessed Value: $3,260 Rooms: 0 Bldg Area: 1,536 sf
FCVR: 3.528 Full Cash Value: $32,600 Fixtures: 0 Stories: 1
Last Sale: $115,000 on 10/08/2013 ($74.87/sf) Cov Parking: 0 Pool: NoYear Built: 1982
Distance: 0.46 miles Lot Size: 9,772 sf
2. 1712 W YUMA ST PHOENIX, AZ 85007
APN: 105-04-003 Assessed Value: $3,260 Rooms: 0 Bldg Area: 1,536 sf
FCVR: 3.528 Full Cash Value: $32,600 Fixtures: 0 Stories: 1
Last Sale: $115,000 on 10/08/2013 ($74.87/sf) Cov Parking: 0 Pool: NoYear Built: 1982
Distance: 0.48 miles Lot Size: 9,772 sf
Terms:
-Open escrow with $2,500 nonrefundable earnest deposit with a cashier's check made out to our title company of choice; please contact us for more details.
-Cash, Hard Money only.
-Property comes in "AS-IS" condition. Buyer pays all closing costs, hoa transfer fees and escrow fees.