2142 W WASHINGTON Street, Phoenix, AZ 85009
$1,200,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,200,000
Last Modified:
3/04/2025
Description
This sale consists of 4 lots with a total of 15 units.
109-32-014
109-32-015
109-32-016
109-32-017
13 units currently have tenants on month to month leases, several tenants have been there for years but definitely room to raise rents.
Great cap rate and priced very well!
No access to the properties until contract acceptance. Drive by only.
More Information MLS# 6829683
Contract Info
Current Price: $1,200,000
List Price: $1,200,000
Status: Active
List Date: 2025-02-26
Ownership: Fee Simple
Location Tax Legal
House Number: 2142
Compass: W
Street Name: WASHINGTON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5320
Country: USA
County Code: Maricopa
Subdivision: CAPITOL ADDITION
Assessor Number: 109-32-014
Tax Year: 2024
General Property Description
Lot Size Dimensions: 140x200
Year Built: 1926
Uncvrd Parking Spcs: 8
Total # of Units: 15
# of Buildings: 15
Zoning: R-3
Flood Zone: TBD
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Adams and 22nd Ave
Geo Lat: 33.448391
Geo Lon: -112.106251
Status Change Info
Status Change Date: 2025-03-04
Legal Info
Township: 1N
Range: 2E
Section: 12
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 142608
Net Operating Income: 130600
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Efficiency Units
# Efficiency Units: 1
Avg Rent: 600
Avg SqFt: 300
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 10
Avg Rent: 1009
Avg SqFt: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 990
Avg SqFt: 450
# Baths: 1
Property Features
Project Type: 13 - 24 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Other (See Remarks)
Floors: Other
Sale Includes: Land & Building
Payment Includes: Principal; Interest
Community Amenities: See Remarks
Appliances Included: F/S Oven/Range; Refrigerator
Cooling: Electric; Window/Wall Unit; Central A/C; See Remarks
Water: City Franchise; See Remarks
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Street Parking; Assigned
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
New Financing: Cash; Conventional; No Carry
Environmental: None
Listing Office: PMI Phx Gateway
Last Updated: March - 04 - 2025
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