1101 E ROOSEVELT Street, Phoenix, AZ 85006
$1,000,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,000,000
List Date:
10/21/2024
Last Modified:
2/23/2025
Description
Don't miss the chance to own a triplex at 1101 E Roosevelt Street and a fourplex at 1105 E Roosevelt St, offering a total of 7 beautifully updated units in a prime location. Each unit features modern upgrades, including new flooring, cabinets, appliances, bathrooms, ceiling fans, and lighting fixtures. Units are equipped with hook ups and have individual electric meters, ensuring tenant convenience and easy management. The properties boast low-maintenance desert landscaping with a new fence, adding privacy and curb appeal. Located near First Friday events, major freeways and local amenities. These properties offer excellent rental potential. With separate parcels, they also qualify for a flexible residential financing options.
More Information MLS# 6773750
Contract Info
Current Price: $1,000,000
List Price: $1,000,000
Status: Active
List Date: 2024-10-17
Ownership: Fee Simple
Location Tax Legal
House Number: 1101
Compass: E
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3265
Country: USA
County Code: Maricopa
Subdivision: SUNNY SIDE TRACT
Assessor Number: 116-27-158
Tax Year: 2024
General Property Description
Lot Size Dimensions: 50.26x138.02x50.26x138.02
Year Built: 1982
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: 1
Zoning: R-5
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.458413
Geo Lon: -112.058744
Status Change Info
Status Change Date: 2024-10-21
Legal Info
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 67200
Net Operating Income: 65973
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1700
Avg SqFt: 725
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2200
Avg SqFt: 805
# Baths: 2
Contact Info
List Agent Home Phn: 602-696-2086
Property Features
Project Type: Tri-Plex; 5 - 12 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: See Remarks
Exterior Amenities: Desert Landscaping
Appliances Included: F/S Oven/Range; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Projected Proforma
Lockbox Type: Mech-box / Combo
New Financing: Cash; Conventional
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: February - 23 - 2025
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