3123 W Almeria Road, Phoenix, AZ 85009

$1,200,000
List Price
$1,200,000
Days on Market
5
Status
ACTIVE
MLS#
6197890
City
Phoenix
Subdivision
Northwest Homesites 2 Blks 20-26
Year Built
1966

Property Description

Northwest Apartments is centrally located just West of downtown Phoenix. Two 4 plex's on separate parcels but need to be sold together. 3123 and 3121 W Almeria. The sale includes two parcels: 108-26-107C and 108-26-108C. There are eight uncovered spaces plus ample street parking. All units are one bedroom one bath units and current rental rates are averaging 850 but room to raise to 950. Current proforma cap with raised rents are 5.5 cap. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

Additional Information

School District
210 - Phoenix Union High School District
Construction
Block
Cooling
Evaporative, Individual
Electric
APS
Exterior Amenities
Cable TV Available, Desert Landscaping
Finish
Painted
Floors
Concrete, Vinyl/Composition
Gas
SW Gas
Guest House SqFt
8
Heating
Ceiling Fan(s), Electric, Individual, Window/Wall Unit(s)
Interior Amenities
Unfurnished
New Financing
Conventional, Wraparound
Parking
1 Space/Unit, Street Parking
Project Type
5 - 12 Units, Four Plex
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Northwest Homesites 2 Blks 20-26
Taxes
$2,791
Tenant Pays
Cable TV, Electric, Gas
Units
8
Water
City Franchise
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Grace CRE.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.