2537 E WILLETTA Street # 1-5 Phoenix, AZ $ 1,049,888
2537 E WILLETTA Street # 1-5
$ 1,049,888
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2537 E WILLETTA Street # 1-5

Phoenix, AZ, 85008
$ 1,049,888
Baths0.0

Monthly Estimate*

$ 6,978

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,049,888. This home was built in 1946.

True 7%+ CAP Rate! Solid tenants! 5 units, fully rented, recently renovated. New windows, Stucco, AC units, Roofing, and Paint! No carpet in any unit! All tenants pay their own electric. Property is conveniently located near Arizona State University, Phoenix Sky Harbor Airport, Pueblo Grande Museum, Phoenix Zoo, Botanical Gardens, AZ Science Center, Food City, I-10, AZ-51, Loop-202. shopping, food, and more! All offers will be taken under consideration. Owner/Agent

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Multi-Family Active

Price

$ 1,049,888

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 866

Style

Multiple Dwellings

Year Built

1946

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6679503

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Heat Pump Window/Wall Unit(s) Electric
Cooling Central A/C Individual Electric Wall/Window Unit(s) Ceiling Fan(s)
Roof See Remarks Composition
Zoning Multi Family
Construction Materials Painted Block
Year Built 1946
Electric APS Individual Meter
Tenant Pays Electricity Cable TV
Township 1N
Unit Number 1-5
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 81537.55
Community Features No Pool
County Maricopa
Net Operating Income 78343.0
Operating Expense 8350.0
Property Type Multiple Dwellings
Attached Garage Y
Subdivision Name NORTH ELSINORE BLOCK 13-14
Garage Y/N N
Status Active
Directions Loop 202/ North 24th Street/ Right on E Willetta Street/ Property on Right
High School Camelback High School
City Phoenix
Buyer Agent Compensation 3.00
Disclosures None
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 5.0
Total Units 5
Lot Size Square Feet 0.0
Carport Y/N N
Street Name WILLETTA
Elementary School Excelencia School
Tax Annual Amount 866.0
Electric Expense 136.0
Current Financing Non Assumable
Fuel Expense 0.0
Middle/Junior High School Excelencia School
Water Sewer Expense 3123.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 60
Standard Status Active
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot 19
Cap Rate 7.46
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Attached 1 Space/Unit Street Parking Common
Water Source City Franchise Master Meter
Total Parking 6.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions 7025 sq ft
Lot Size Acres 0.0
Road Surface Type Gravel
Covered Spaces 1.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2537
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* Excluded Features
List By
Charles Edward Realty

Broker

motivatedtomoveyou@gmail.com

Email

Affordability Calculator

$7,050
Per Month
99%
1%
0%
Monthly Principal & Interest
$6,978
Monthly Property Taxes
$72
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4330918 Elementary School
4330910 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,049,888 0.00% Price Down
4/5/2024$1,049,900 -12.14% Price Down
3/20/2024$1,195,000 Listed Price

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2537 E WILLETTA Street # 1-5, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $1,049,888. 2537 E WILLETTA Street # 1-5 is a studio with 0.0 baths and was built in 1946. The property's zip code is 85008 which is in Phoenix, AZ