2516 E BROADWAY Road, Phoenix, AZ 85040
$755,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$755,000
Last Modified:
2/13/2025
Description
Brand new duplex build. Both units are 3 bedroom and 2.5 bathrooms with a 2 car garage for each unit. There is a small fenced yard in the back of each unit. Rents for each unit in the area are $2,400 each unit so you can rent both units for a nice cashflow or you can rent one and live in the other. These homes feature open floor plans with walk out decks, epoxy garage floors, quartz counter tops, stainless steel appliances and so much more. These are a must see Pictures are of a unit the same across the street the builder built as this one is being completed now and should be done by the end of January.
More Information MLS# 6794273
Contract Info
Current Price: $755,000
Sold Price: $755,000
Status: Closed
List Date: 2024-12-13
Ownership: Fee Simple
Location Tax Legal
House Number: 2516
Compass: E
Street Name: BROADWAY
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2624
Country: USA
County Code: Maricopa
Subdivision: NORTH BROADWAY ESTATES 1 LOTS 23-62, 101-140
Assessor Number: 122-21-019
Tax Year: 2024
General Property Description
Lot Size Dimensions: 60x117
Year Built: 2024
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: R-5
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
High School: South Mountain High School
Remarks Misc
Cross Street: 25th st and Broadway
Directions: Broadway to 25th and the building is on the north side
Geo Lat: 33.407199
Geo Lon: -112.026185
Status Change Info
Status Change Date: 2025-02-13
Off Market Date: 2024-12-28
Under Contract Date: 2024-12-17
Close of Escrow Date: 2025-02-12
Sold Price: $755,000
Legal Info
Township: 1N
Range: 3E
Section: 23
Lot Number: 19
Income Expenses
Gross Annual Sch Inc: 57600
Net Operating Income: 65184
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2400
Avg SqFt: 1635
# Baths: 3
Sold Info
Loan Type: Cash
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: See Remarks
Exterior Amenities: Fenced; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: F/S Oven/Range; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Ceiling Fan(s); Electric; Heat Pump
Water: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking: Garage; Attached
Owner Pays: None
Tenant Pays: Water; Sewer; Electric; Trash
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text
Lockbox Type: Mech-box / Combo
Existing 1st Loan: Private
Existing 1st Ln Type: Fixed
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Realty Executives
Last Updated: February - 13 - 2025
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